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2019
Flag → Flag
Exports $150Rnk 31 / 0
2019
Flag → Flag
Exports $12.7kRnk 200 / 205
2019
Flag → Flag
Top Product $9.14kChemical Analysis Instruments
2022
Flag
Economic Complexity (ECI) ECI 1.38Rnk 14 / 133
2022
Flag
 GDP$179BCURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP GROWTH38.8%CURRENT US$
Rnk 86 / 186
2022
Flag
GDP PC$18,463CURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP PC GROWTH42.2%CURRENT US$
Rnk 44 / 186

About

Bhutan-Hungary Trade: In 2019, Bhutan exported $150 to Hungary. The main products that Bhutan exported to Hungary were N/A. Over the past 10 years the exports of Bhutan to Hungary have decreased at an annualized rate of 39.8%, from $24k in 2009 to $150 in 2019.

In 2019, Bhutan did not export any services to Hungary.

Hungary-Bhutan Trade: In 2019, Hungary exported $12.7k to Bhutan. The main products that Hungary exported to Bhutan were Chemical Analysis Instruments ($9.14k), Other Plastic Products ($2.3k), and Air Pumps ($1.3k). Over the past 10 years the exports of Hungary to Bhutan have decreased at an annualized rate of 14.4%,  from $27.7k in 2009 to $12.7k in 2019.

In 2019, Hungary 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, Hungary ranked 14 in the Economic Complexity Index (ECI 1.38), and 35 in total exports ($145B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2019, Bhutan exported $150 to Hungary. There were not main exports from Bhutan to Hungary in 2019. During the last 10 years the exports of Bhutan to Hungary have decreased at an annualized rate of 39.8%, from $24k in 2009 to $150 in 2019.

In 2017, Hungary exported $12.7k to Bhutan. The main products exported from Hungary to Bhutan were Chemical Analysis Instruments ($9.14k), Other Plastic Products ($2.3k), and Air Pumps ($1.3k). During the last 5 years the exports of Hungary to Bhutan have decreased at an annualized rate of 14.4%, from $27.7k in 2022 to $12.7k in 2017.

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

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

Latest Data

Trade between Bhutan (Flag) and Hungary (Flag)

Hungary Exports

Market Competitiveness

Color
Bhutan
Top DestinationIndia$343M
Hungary
Top DestinationGermany$35.5B

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

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

In 2022, countries that imported more from Hungary than Bhutan included Germany ($35.5B), Italy ($8.02B), and Romania ($7.94B).

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

Comparative Advantage Bhutan - Hungary

Flow
Scale

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

During 2019, Bhutan had a large net trade with Hungary in the exports of .

During 2017, Hungary had a large net trade with Bhutan in the exports of Instruments ($9.14k), Plastics and Rubbers ($2.3k), and Machines ($1.3k).

Economic Complexity

Competitive Landscape

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

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

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