2023
Flag
 GDP
$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH
-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
GDP PC
$87,925CURRENT US$
Rnk 7 / 196
2013-2023
Flag
GDP PC GROWTH
-15.1%CURRENT US$
Rnk 171 / 195

About

In N/A, Bhutan did not export any services to Norway.

Norway-Bhutan Trade: In N/A, Norway exported $1.01M to Bhutan. The main products that Norway exported to Bhutan were Artificial Graphite ($989k), Water ($13.7k), and Transmissions ($2.56k). Over the past N/A years the exports of Norway to Bhutan have increased at an annualized rate of 5.9%,  from $756k in N/A to $1.01M in N/A.

In N/A, Norway 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, Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B).

Historical Data

Bilateral Trade by Products

Depth
Value

Bhutan does not register exports to Norway. The main products exported from Bhutan to Norway were Computers ($1.56M).

In 2018, Norway exported $1.01M to Bhutan. The main products exported from Norway to Bhutan were Artificial Graphite ($989k), Water ($13.7k), and Transmissions ($2.56k). During the last 5 years the exports of Norway to Bhutan have increased at an annualized rate of 5.9%, from $756k in 2023 to $1.01M in 2018.

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

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

Latest Data

Trade between Bhutan (Flag) and Norway (Flag)

Norway Exports

Market Competitiveness

Color
Bhutan
Top Destination
India$421M
Norway
Top Destination
Germany$33.8B

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

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

In 2023, countries that imported more from Norway than Bhutan included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

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

Comparative Advantage Bhutan - Norway

Flow
Scale

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

During 2018, Norway had a large net trade with Bhutan in the exports of Chemical Products ($989k), Foodstuffs ($13.7k), and Machines ($3.98k).

Economic Complexity

Competitive Landscape

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

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

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