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2023
Flag → Flag
Exports $867kRnk 10 / 77
2023
Flag → Flag
Top Product $864kFerroalloys
2023
Flag → Flag
Exports $14.7kRnk 190 / 199
2023
Flag → Flag
Top Product $7.74kPulley Systems
2023
Flag
Economic Complexity (ECI) ECI 1.48Rnk 12 / 132
2023
Flag
 GDP$69.1BCURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP GROWTH44.5%CURRENT US$
Rnk 88 / 195
2023
Flag
GDP PC$32,610CURRENT US$
Rnk 43 / 196
2013-2023
Flag
GDP PC GROWTH40.3%CURRENT US$
Rnk 61 / 195

About

Bhutan-Slovenia Trade: In 2023, Bhutan exported $867k to Slovenia. The main products that Bhutan exported to Slovenia were Ferroalloys ($864k), Insulated Wire ($1.61k), and Electrical Control Boards ($522). Over the past 5 years the exports of Bhutan to Slovenia have increased at an annualized rate of 360%, from $423 in 2018 to $867k in 2023.

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

Slovenia-Bhutan Trade: In 2023, Slovenia exported $14.7k to Bhutan. The main products that Slovenia exported to Bhutan were Pulley Systems ($7.74k), Liquid Pumps ($2.63k), and Metalworking Machine Parts ($1.44k). Over the past 5 years the exports of Slovenia to Bhutan have increased at an annualized rate of 4.89%,  from $11.6k in 2018 to $14.7k in 2023.

In 2023, Slovenia 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, Slovenia ranked 12 in the Economic Complexity Index (ECI 1.48), and 53 in total exports ($60.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bhutan exported $867k to Slovenia. The main products exported from Bhutan to Slovenia were Ferroalloys ($864k), Insulated Wire ($1.61k), and Electrical Control Boards ($522). During the last 5 years the exports of Bhutan to Slovenia have increased at an annualized rate of 360%, from $423 in 2018 to $867k in 2023.

In 2018, Slovenia exported $14.7k to Bhutan. The main products exported from Slovenia to Bhutan were Pulley Systems ($7.74k), Liquid Pumps ($2.63k), and Metalworking Machine Parts ($1.44k). During the last 5 years the exports of Slovenia to Bhutan have increased at an annualized rate of 4.89%, from $11.6k in 2023 to $14.7k in 2018.

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

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

Latest Data

Trade between Bhutan (Flag) and Slovenia (Flag)

Slovenia Exports

Market Competitiveness

Color
Bhutan
Top DestinationIndia$421M
Slovenia
Top DestinationSwitzerland$13.5B

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

In 2023, countries that imported more from Bhutan than Slovenia included India ($421M) and Malawi ($47k).

In 2023, countries that imported more from Slovenia than Bhutan included Switzerland ($13.5B), Germany ($7.21B), and Italy ($6.23B).

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

Comparative Advantage Bhutan - Slovenia

Flow
Scale

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

During 2023, Bhutan had a large net trade with Slovenia in the exports of Metals ($864k), Machines ($2.33k), and Transportation ($66).

During 2018, Slovenia had a large net trade with Bhutan in the exports of Machines ($13.4k), Instruments ($946), and Metals ($230).

Economic Complexity

Competitive Landscape

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

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

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