Bhutan (BTN) and Estonia (EST) Trade | The Observatory of Economic Complexity

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Bhutan-Estonia In 2022, Bhutan exported $2.82k to Estonia. The main products that Bhutan exported to Estonia are Shaving Products ($2.71k), Knit T-shirts ($79), and Knit Sweaters ($31). During the last 24 years the exports of Bhutan to Estonia have increased at an annualized rate of 5.22%, from $833 in 1998 to $2.82k in 2022.

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

Estonia-Bhutan In 2022, Estonia exported $1.23k to Bhutan. The main products that Estonia exported to Bhutan were N/A. During the last 24 years the exports of Estonia to Bhutan have decreased at an annualized rate of 3.63%, from $2.99k in 1998 to $1.23k in 2022.

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

Comparison In 2022, Bhutan ranked 177 in total exports ($392M). That same year, Estonia ranked 74 in total exports ($23.1B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bhutan exported $2.82k to Estonia. The main products exported from Bhutan to Estonia were Shaving Products ($2.71k), Knit T-shirts ($79), and Knit Sweaters ($31). During the last 24 years the exports of Bhutan to Estonia have increased at an annualized rate of 5.22%, from $833 in 1998 to $2.82k in 2022.

In 2020, Estonia exported $1.23k to Bhutan. There were not main exports from Estonia to Bhutan in 2020. During the last 20 years the exports of Estonia to Bhutan have decreased at an annualized rate of 3.63%, from $2.99k in 2000 to $1.23k in 2020.

Exports from Bhutan () to Estonia () (2022)

Exports from Estonia () to Bhutan () (2022)

Latest Data

Trade between Bhutan () and Estonia ()

Estonia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bhutan
Top DestinationIndia$343M

Estonia
Top DestinationFinland$3B

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

In 2021, countries that imported more from Bhutan than Estonia were India ($343M), Nepal ($7.44M), and Colombia ($7.42M).

In 2021, countries that imported more from Estonia than Bhutan were Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

Difference in imports from Estonia () and Bhutan () (2022)

Comparative Advantage Bhutan - Estonia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bhutan had a large net trade with Estonia in the exports of Chemical Products ($2.71k) and Textiles ($110).

During 2020, Estonia had a large net trade with Bhutan in the exports of .

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Bhutan has comparative advantage over Estonia. Similarly, the more yellow a dot/product is, the more Estonia has comparative advantage over Bhutan.

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Historical Data

Bilateral Trade by Products

Exports from Bhutan () to Estonia () (2022)

Exports from Estonia () to Bhutan () (2022)

Latest Data

Trade between Bhutan () and Estonia ()

Estonia Exports

Market Competitiveness

Difference in imports from Estonia () and Bhutan () (2022)

Comparative Advantage Bhutan - Estonia

Economic Complexity

Competitive Landscape

Product Space of Bhutan () and Estonia () (2022)

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