Bhutan (BTN) and Greece (GRC) Trade | The Observatory of Economic Complexity

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Bhutan-Greece Trade: In 2020, Bhutan exported $771 to Greece. The main products that Bhutan exported to Greece were N/A. Over the past 17 years the exports of Bhutan to Greece have increased at an annualized rate of 12.8%, from $100 in 2003 to $771 in 2020.

In 2020, Bhutan did not export any services to Greece.

Greece-Bhutan Trade: In 2020, Greece exported $27.9k to Bhutan. The main products that Greece exported to Bhutan were Other Printed Material ($21.7k), Medical Instruments ($6.06k), and Polishes and Creams ($136). Over the past 17 years the exports of Greece to Bhutan have increased at an annualized rate of 35.5%, from $6.1k in 2003 to $27.9k in 2020.

In 2020, Greece 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, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2020, Bhutan exported $771 to Greece. There were not main exports from Bhutan to Greece in 2020. During the last 17 years the exports of Bhutan to Greece have increased at an annualized rate of 12.8%, from $100 in 2003 to $771 in 2020.

In 2017, Greece exported $27.9k to Bhutan. The main products exported from Greece to Bhutan were Other Printed Material ($21.7k), Medical Instruments ($6.06k), and Polishes and Creams ($136). During the last 5 years the exports of Greece to Bhutan have increased at an annualized rate of 35.5%, from $6.1k in 2022 to $27.9k in 2017.

Exports from Bhutan () to Greece () (2022)

Exports from Greece () to Bhutan () (2022)

Latest Data

Trade between Bhutan () and Greece ()

Greece Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bhutan
Top DestinationIndia$343M

Greece
Top DestinationItaly$5.82B

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

In 2022, countries that imported more from Bhutan than Greece included India ($343M) and Nepal ($7.44M).

In 2022, countries that imported more from Greece than Bhutan included Italy ($5.82B), Bulgaria ($3.62B), and Germany ($3.45B).

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

Comparative Advantage Bhutan - Greece

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

During 2017, Greece had a large net trade with Bhutan in the exports of Paper Goods ($21.7k), Instruments ($6.06k), and Chemical Products ($136).

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Bhutan () to Greece () (2022)

Exports from Greece () to Bhutan () (2022)

Latest Data

Trade between Bhutan () and Greece ()

Greece Exports

Market Competitiveness

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

Comparative Advantage Bhutan - Greece

Economic Complexity

Competitive Landscape

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

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