2022
Flag
 GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186

About

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

Norway-Bhutan Trade: In N/A, Norway exported $928k to Bhutan. The main products that Norway exported to Bhutan were Artificial Graphite ($695k), Electric Furnaces ($226k), and Computers ($4.49k). Over the past N/A years the exports of Norway to Bhutan have increased at an annualized rate of 89.4%,  from $38.1k in N/A to $928k in N/A.

In N/A, Norway 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, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

Bhutan does not register exports to Norway.

In 2017, Norway exported $928k to Bhutan. The main products exported from Norway to Bhutan were Artificial Graphite ($695k), Electric Furnaces ($226k), and Computers ($4.49k). During the last 5 years the exports of Norway to Bhutan have increased at an annualized rate of 89.4%, from $38.1k in 2022 to $928k in 2017.

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

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

Latest Data

Trade between Bhutan (Flag) and Norway (Flag)

Norway Exports

Market Competitiveness

Color
Bhutan
Top Destination
India$343M
Norway
Top Destination
Germany$78.1B

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

In 2022, countries that imported more from Norway than Bhutan included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

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 2017, Norway had a large net trade with Bhutan in the exports of Chemical Products ($695k) and Machines ($234k).

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) (2022)

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