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2022
Flag → Flag
Exports $4.41kRnk 41 / 73
2022
Flag → Flag
Top Product $2.36kElectric Motors
2022
Flag → Flag
Exports $1.19MRnk 177 / 217
2022
Flag → Flag
Top Product $624kBroadcasting Equipment
2022
Flag
Economic Complexity (ECI) ECI 1.49Rnk 9 / 133
2022
Flag
 GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
GDP PC$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH-3.73%CURRENT US$
Rnk 149 / 186

About

Bhutan-Sweden Trade: In 2022, Bhutan exported $4.41k to Sweden. The main products that Bhutan exported to Sweden were Electric Motors ($2.36k), Broadcasting Equipment ($791), and Other Edible Preparations ($569). Over the past 5 years the exports of Bhutan to Sweden have increased at an annualized rate of 30.3%, from $1.17k in 2017 to $4.41k in 2022.

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

Sweden-Bhutan Trade: In 2022, Sweden exported $1.19M to Bhutan. The main products that Sweden exported to Bhutan were Broadcasting Equipment ($624k), Telephones ($196k), and Insulated Wire ($126k). Over the past 5 years the exports of Sweden to Bhutan have decreased at an annualized rate of 17.6%,  from $3.15M in 2017 to $1.19M in 2022.

In 2022, Sweden 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bhutan exported $4.41k to Sweden. The main products exported from Bhutan to Sweden were Electric Motors ($2.36k), Broadcasting Equipment ($791), and Other Edible Preparations ($569). During the last 5 years the exports of Bhutan to Sweden have increased at an annualized rate of 30.3%, from $1.17k in 2017 to $4.41k in 2022.

In 2017, Sweden exported $1.19M to Bhutan. The main products exported from Sweden to Bhutan were Broadcasting Equipment ($624k), Telephones ($196k), and Insulated Wire ($126k). During the last 5 years the exports of Sweden to Bhutan have decreased at an annualized rate of 17.6%, from $3.15M in 2022 to $1.19M in 2017.

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

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

Latest Data

Trade between Bhutan (Flag) and Sweden (Flag)

Sweden Exports

Market Competitiveness

Color
Bhutan
Top DestinationIndia$343M
Sweden
Top DestinationGermany$19.2B

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

In 2022, no countries were registered that imported more from Bhutan than from Sweden.

In 2022, countries that imported more from Sweden than Bhutan included Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

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

Comparative Advantage Bhutan - Sweden

Flow
Scale

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

During 2022, Bhutan had a large net trade with Sweden in the exports of Machines ($3.15k), Textiles ($594), and Foodstuffs ($569).

During 2017, Sweden had a large net trade with Bhutan in the exports of Machines ($1.1M), Metals ($59.3k), and Plastics and Rubbers ($17.2k).

Economic Complexity

Competitive Landscape

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

Product Space of Bhutan (Flag) and Sweden (Flag) (2022)

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