2023
Flag
 GDP
$296BCURRENT US$
Rnk 47 / 195
2013-2023
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GDP GROWTH
9.35%CURRENT US$
Rnk 158 / 195
2023
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GDP PC
$52,926CURRENT US$
Rnk 23 / 196
2013-2023
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GDP PC GROWTH
6.51%CURRENT US$
Rnk 144 / 195

About

Bhutan-Finland Trade: In 2022, Bhutan exported $27 to Finland. The main products that Bhutan exported to Finland were N/A. Over the past 12 years the exports of Bhutan to Finland have decreased at an annualized rate of 18.3%, from $305 in 2010 to $27 in 2022.

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

Finland-Bhutan Trade: In 2022, Finland exported $36k to Bhutan. The main products that Finland exported to Bhutan were Excavation Machinery ($20.6k), Other Hand Tools ($7.88k), and Broadcasting Equipment ($3.56k). Over the past 12 years the exports of Finland to Bhutan have increased at an annualized rate of 3.47%,  from $30.4k in 2010 to $36k in 2022.

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

Comparison In 2023,  Bhutan ranked 170 in total exports ($456M), and does not have data regarding Economic Complexity Index. That same year, Finland ranked 13 in the Economic Complexity Index (ECI 1.46), and 45 in total exports ($84.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bhutan exported $27 to Finland. There were not main exports from Bhutan to Finland in 2022. During the last 12 years the exports of Bhutan to Finland have decreased at an annualized rate of 18.3%, from $305 in 2010 to $27 in 2022.

In 2018, Finland exported $36k to Bhutan. The main products exported from Finland to Bhutan were Excavation Machinery ($20.6k), Other Hand Tools ($7.88k), and Broadcasting Equipment ($3.56k). During the last 5 years the exports of Finland to Bhutan have increased at an annualized rate of 3.47%, from $30.4k in 2023 to $36k in 2018.

Exports from Bhutan (Flag) to Finland (Flag) (2023)

Exports from Finland (Flag) to Bhutan (Flag) (2023)

Latest Data

Trade between Bhutan (Flag) and Finland (Flag)

Finland Exports

Market Competitiveness

Color
Bhutan
Top Destination
N/AN/A
Finland
Top Destination
N/AN/A

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

N/A

N/A

Difference in imports from Finland (Flag) and Bhutan (Flag) (2023)

Comparative Advantage Bhutan - Finland

Flow
Scale

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

During 2022, Bhutan had a large net trade with Finland in the exports of .

During 2018, Finland had a large net trade with Bhutan in the exports of Machines ($24.1k), Metals ($10.3k), and Instruments ($1.59k).

Economic Complexity

Competitive Landscape

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

Product Space of Bhutan (Flag) and Finland (Flag) (2023)

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