NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $40.9kRnk 22 / 77
2023
Flag → Flag
Top Product $37.6kAudio Alarms
2023
Flag → Flag
Exports $1.73kRnk 205 / 211
2023
Flag → Flag
Top Product $1.73kComputers
2023
Flag
Economic Complexity (ECI) ECI 1.31Rnk 17 / 132
2023
Flag
 GDP$551BCURRENT US$
Rnk 25 / 195
2013-2023
Flag
GDP GROWTH127%CURRENT US$
Rnk 7 / 195
2023
Flag
GDP PC$103,888CURRENT US$
Rnk 4 / 196
2013-2023
Flag
GDP PC GROWTH97.4%CURRENT US$
Rnk 9 / 195

About

Bhutan-Ireland Trade: In 2023, Bhutan exported $40.9k to Ireland. The main products that Bhutan exported to Ireland were Audio Alarms ($37.6k), Office Machine Parts ($928), and Aircraft parts (gliders, balloons, and powered aircraft) ($495). Over the past 5 years the exports of Bhutan to Ireland have decreased at an annualized rate of 18.8%, from $115k in 2018 to $40.9k in 2023.

In 2023, Bhutan did not export any services to Ireland.

Ireland-Bhutan Trade: In 2023, Ireland exported $1.73k to Bhutan. The main products that Ireland exported to Bhutan were Computers ($1.73k). Over the past 5 years the exports of Ireland to Bhutan have decreased at an annualized rate of 5.34%,  from $2.54k in 2018 to $1.73k in 2023.

In 2023, Ireland 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, Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bhutan exported $40.9k to Ireland. The main products exported from Bhutan to Ireland were Audio Alarms ($37.6k), Office Machine Parts ($928), and Aircraft parts (gliders, balloons, and powered aircraft) ($495). During the last 5 years the exports of Bhutan to Ireland have decreased at an annualized rate of 18.8%, from $115k in 2018 to $40.9k in 2023.

In 2018, Ireland exported $1.73k to Bhutan. The main products exported from Ireland to Bhutan were Computers ($1.73k). During the last 5 years the exports of Ireland to Bhutan have decreased at an annualized rate of 5.34%, from $2.54k in 2023 to $1.73k in 2018.

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

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

Latest Data

Trade between Bhutan (Flag) and Ireland (Flag)

Ireland Exports

Market Competitiveness

Color
Bhutan
Top DestinationIndia$421M
Ireland
Top DestinationUnited States$67.4B

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

In 2023, no countries were registered that imported more from Bhutan than from Ireland.

In 2023, countries that imported more from Ireland than Bhutan included United States ($67.4B), Germany ($26.7B), and United Kingdom ($20.5B).

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

Comparative Advantage Bhutan - Ireland

Flow
Scale

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

During 2023, Bhutan had a large net trade with Ireland in the exports of Machines ($38.9k), Textiles ($1.08k), and Transportation ($495).

During 2018, Ireland had a large net trade with Bhutan in the exports of Machines ($1.73k).

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms