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2022
Flag → Flag
Exports $71Rnk 67 / 73
2022
Flag → Flag
Top Product $40Non-Knit Women's Coats
2022
Flag → Flag
Exports $2.57MRnk 175 / 218
2022
Flag → Flag
Top Product $1.98MVaccines, blood, antisera, toxins and cultures
2022
Flag
Economic Complexity (ECI) ECI 1.01Rnk 27 / 133
2022
Flag
 GDP$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
GDP PC$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH14.5%CURRENT US$
Rnk 99 / 186

About

Bhutan-Denmark Trade: In 2022, Bhutan exported $71 to Denmark. The main products that Bhutan exported to Denmark were Non-Knit Women's Coats ($40) and Microphones and Headphones ($31). Over the past 8 years the exports of Bhutan to Denmark have decreased at an annualized rate of 21.5%, from $493 in 2014 to $71 in 2022.

In 2022, Bhutan did not export any services to Denmark.

Denmark-Bhutan Trade: In 2022, Denmark exported $2.57M to Bhutan. The main products that Denmark exported to Bhutan were Vaccines, blood, antisera, toxins and cultures ($1.98M), Refrigerators ($152k), and Broadcasting Equipment ($74.1k). Over the past 8 years the exports of Denmark to Bhutan have increased at an annualized rate of 40.2%,  from $475k in 2014 to $2.57M in 2022.

In 2022, Denmark did not export any services to Bhutan.

Comparison In 2022,  Bhutan ranked 177 in total exports ($392M), and does not have data regarding Economic Complexity Index. That same year, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bhutan exported $71 to Denmark. The main products exported from Bhutan to Denmark were Non-Knit Women's Coats ($40) and Microphones and Headphones ($31). During the last 8 years the exports of Bhutan to Denmark have decreased at an annualized rate of 21.5%, from $493 in 2014 to $71 in 2022.

In 2017, Denmark exported $2.57M to Bhutan. The main products exported from Denmark to Bhutan were Vaccines, blood, antisera, toxins and cultures ($1.98M), Refrigerators ($152k), and Broadcasting Equipment ($74.1k). During the last 5 years the exports of Denmark to Bhutan have increased at an annualized rate of 40.2%, from $475k in 2022 to $2.57M in 2017.

Exports from Bhutan (Flag) to Denmark (Flag) (2022)

Exports from Denmark (Flag) to Bhutan (Flag) (2022)

Latest Data

Trade between Bhutan (Flag) and Denmark (Flag)

Denmark Exports

Market Competitiveness

Color
Bhutan
Top DestinationIndia$343M
Denmark
Top DestinationGermany$18.9B

This map shows whether countries import more from Bhutan or Denmark. Each country is colored based on the difference in imports they receive from Bhutan and Denmark or the difference in the growth in imports.

In 2022, countries that imported more from Bhutan than Denmark included Nepal ($7.44M).

In 2022, countries that imported more from Denmark than Bhutan included Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

Difference in imports from Denmark (Flag) and Bhutan (Flag) (2022)

Comparative Advantage Bhutan - Denmark

Flow
Scale

This chart compares trade between Bhutan and Denmark by product, considering products traded by both, Bhutan and Denmark.

During 2022, Bhutan had a large net trade with Denmark in the exports of Textiles ($40) and Machines ($31).

During 2017, Denmark had a large net trade with Bhutan in the exports of Chemical Products ($1.98M), Machines ($451k), and Instruments ($67.7k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Bhutan and Denmark. This means that a dot/product with the flag of Bhutan indicates it has a comparative advantage over Denmark. Similarly, a dot/product with the flag of Denmark indicates it has a comparative advantage over Bhutan.

Product Space of Bhutan (Flag) and Denmark (Flag) (2022)

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