2022
Flag
 GDP
$62.1BCURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP GROWTH
33.4%CURRENT US$
Rnk 92 / 186
2022
Flag
GDP PC
$29,457CURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP PC GROWTH
30.1%CURRENT US$
Rnk 63 / 186

About

Bhutan-Slovenia Trade: In 2022, Bhutan exported $130 to Slovenia. The main products that Bhutan exported to Slovenia were Motor vehicles; parts and accessories (8701 to 8705) ($57), Spices ($23), and Centrifuges ($23). Over the past 5 years the exports of Bhutan to Slovenia have decreased at an annualized rate of 80.8%, from $504k in 2017 to $130 in 2022.

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

Slovenia-Bhutan Trade: In 2022, Slovenia exported $378k to Bhutan. The main products that Slovenia exported to Bhutan were Vaccines, blood, antisera, toxins and cultures ($206k), Woodworking machines ($109k), and Hand Saws ($26.7k). Over the past 5 years the exports of Slovenia to Bhutan have increased at an annualized rate of 85.6%,  from $17.2k in 2017 to $378k in 2022.

In 2022, Slovenia 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, Slovenia ranked 11 in the Economic Complexity Index (ECI 1.45), and 56 in total exports ($56B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bhutan exported $130 to Slovenia. The main products exported from Bhutan to Slovenia were Motor vehicles; parts and accessories (8701 to 8705) ($57), Spices ($23), and Centrifuges ($23). During the last 5 years the exports of Bhutan to Slovenia have decreased at an annualized rate of 80.8%, from $504k in 2017 to $130 in 2022.

In 2017, Slovenia exported $378k to Bhutan. The main products exported from Slovenia to Bhutan were Vaccines, blood, antisera, toxins and cultures ($206k), Woodworking machines ($109k), and Hand Saws ($26.7k). During the last 5 years the exports of Slovenia to Bhutan have increased at an annualized rate of 85.6%, from $17.2k in 2022 to $378k in 2017.

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

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

Latest Data

Trade between Bhutan (Flag) and Slovenia (Flag)

Slovenia Exports

Market Competitiveness

Color
Bhutan
Top Destination
India$343M
Slovenia
Top Destination
Switzerland$9.92B

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 2022, countries that imported more from Bhutan than Slovenia included India ($343M), Nepal ($7.44M), and Malawi ($109k).

In 2022, countries that imported more from Slovenia than Bhutan included Switzerland ($9.92B), Germany ($7.92B), and Italy ($6.28B).

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

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 2022, Bhutan had a large net trade with Slovenia in the exports of Transportation ($57), Machines ($40), and Vegetable Products ($23).

During 2017, Slovenia had a large net trade with Bhutan in the exports of Chemical Products ($206k), Machines ($146k), and Metals ($26.7k).

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) (2022)

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