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2023
Flag → Flag
Exports $932Rnk 52 / 77
2023
Flag → Flag
Top Product $451Trunks and Cases
2023
Flag → Flag
Exports $2.08kRnk 204 / 211
2023
Flag → Flag
Top Product $1.85kPlastic Housewares
2023
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 132
2023
Flag
 GDP$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH27.5%CURRENT US$
Rnk 119 / 195
2023
Flag
GDP PC$27,331CURRENT US$
Rnk 50 / 196
2013-2023
Flag
GDP PC GROWTH26.1%CURRENT US$
Rnk 84 / 195

About

Bhutan-Portugal Trade: In 2023, Bhutan exported $932 to Portugal. The main products that Bhutan exported to Portugal were Trunks and Cases ($451), Brochures ($230), and Scarves ($164). Over the past 7 years the exports of Bhutan to Portugal have decreased at an annualized rate of 17.8%, from $3.69k in 2016 to $932 in 2023.

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

Portugal-Bhutan Trade: In 2023, Portugal exported $2.08k to Bhutan. The main products that Portugal exported to Bhutan were Plastic Housewares ($1.85k) and Rubber Footwear ($222). Over the past 7 years the exports of Portugal to Bhutan have decreased at an annualized rate of 8.48%,  from $3.23k in 2016 to $2.08k in 2023.

In 2023, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bhutan exported $932 to Portugal. The main products exported from Bhutan to Portugal were Trunks and Cases ($451), Brochures ($230), and Scarves ($164). During the last 7 years the exports of Bhutan to Portugal have decreased at an annualized rate of 17.8%, from $3.69k in 2016 to $932 in 2023.

In 2018, Portugal exported $2.08k to Bhutan. The main products exported from Portugal to Bhutan were Plastic Housewares ($1.85k) and Rubber Footwear ($222). During the last 5 years the exports of Portugal to Bhutan have decreased at an annualized rate of 8.48%, from $3.23k in 2023 to $2.08k in 2018.

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

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

Latest Data

Trade between Bhutan (Flag) and Portugal (Flag)

Portugal Exports

Market Competitiveness

Color
Bhutan
Top DestinationIndia$421M
Portugal
Top DestinationSpain$17.7B

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

In 2023, countries that imported more from Bhutan than Portugal included India ($421M).

In 2023, countries that imported more from Portugal than Bhutan included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

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

Comparative Advantage Bhutan - Portugal

Flow
Scale

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

During 2023, Bhutan had a large net trade with Portugal in the exports of Animal Hides ($451), Paper Goods ($230), and Textiles ($164).

During 2018, Portugal had a large net trade with Bhutan in the exports of Plastics and Rubbers ($1.85k) and Footwear and Headwear ($222).

Economic Complexity

Competitive Landscape

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

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

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