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2022
Flag → Flag
Exports $546Rnk 30 / 73
2022
Flag → Flag
Top Product $20.8kAudio Alarms
2022
Flag → Flag
Exports $7.17kRnk 200 / 210
2022
Flag → Flag
Top Product $18.4kBroadcasting Equipment
2022
Flag
Economic Complexity (ECI) ECI 1.27Rnk 18 / 133
2022
Flag
 GDP$529BCURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP GROWTH135%CURRENT US$
Rnk 7 / 186
2022
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GDP PC$104,039CURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP PC GROWTH112%CURRENT US$
Rnk 7 / 186

About

Bhutan-Ireland Trade: In 2022, Bhutan exported $546 to Ireland. The main products that Bhutan exported to Ireland were Audio Alarms ($20.8k), Industrial Printers ($898), and Knit Sweaters ($555). Over the past 5 years the exports of Bhutan to Ireland have decreased at an annualized rate of 26.3%, from $2.51k in 2017 to $546 in 2022.

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

Ireland-Bhutan Trade: In 2022, Ireland exported $7.17k to Bhutan. The main products that Ireland exported to Bhutan were Broadcasting Equipment ($18.4k), Cameras ($17k), and Electrical Transformers ($4.21k). Over the past 5 years the exports of Ireland to Bhutan have decreased at an annualized rate of 7.21%,  from $10.4k in 2017 to $7.17k in 2022.

In 2022, Ireland 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, Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bhutan exported $546 to Ireland. The main products exported from Bhutan to Ireland were Audio Alarms ($20.8k), Industrial Printers ($898), and Knit Sweaters ($555). During the last 5 years the exports of Bhutan to Ireland have decreased at an annualized rate of 26.3%, from $2.51k in 2017 to $546 in 2022.

In 2017, Ireland exported $7.17k to Bhutan. The main products exported from Ireland to Bhutan were Broadcasting Equipment ($18.4k), Cameras ($17k), and Electrical Transformers ($4.21k). During the last 22 years the exports of Ireland to Bhutan have decreased at an annualized rate of 7.21%, from $10.4k in 1995 to $7.17k in 2017.

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

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

Latest Data

Trade between Bhutan (Flag) and Ireland (Flag)

Ireland Exports

Market Competitiveness

Color
Bhutan
Top DestinationIndia$343M
Ireland
Top DestinationUnited States$70.7B

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

In 2022, countries that imported more from Ireland than Bhutan included United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

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

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 2022, Bhutan had a large net trade with Ireland in the exports of Machines ($21.8k), Textiles ($794), and Animal Hides ($145).

During 2017, Ireland had a large net trade with Bhutan in the exports of Machines ($22.6k), Instruments ($17.1k), and Paper Goods ($589).

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) (2022)

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