2022
Flag
 GDP
$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 175 / 186
2022
Flag
GDP PC
$4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH
13.2%CURRENT US$
Rnk 103 / 186

About

Bhutan-Ukraine Trade: In 2022, Bhutan exported $45 to Ukraine. The main products that Bhutan exported to Ukraine were Knit T-shirts ($28) and Textile Footwear ($17). Over the past 9 years the exports of Bhutan to Ukraine have decreased at an annualized rate of 14%, from $174 in 2013 to $45 in 2022.

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

Ukraine-Bhutan In N/A, Ukraine did not export any products to Bhutan.

In 2022, Ukraine 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, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bhutan exported $45 to Ukraine. The main products exported from Bhutan to Ukraine were Knit T-shirts ($28) and Textile Footwear ($17). During the last 9 years the exports of Bhutan to Ukraine have decreased at an annualized rate of 14%, from $174 in 2013 to $45 in 2022.

Ukraine does not register exports to Bhutan.

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

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

Latest Data

Trade between Bhutan (Flag) and Ukraine (Flag)

Ukraine Exports

Date

Market Competitiveness

Color
Bhutan
Top Destination
India$343M
Ukraine
Top Destination
Poland$6.7B

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

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

In 2022, countries that imported more from Ukraine than Bhutan included Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

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

Comparative Advantage Bhutan - Ukraine

Flow
Scale

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

During 2022, Bhutan had a large net trade with Ukraine in the exports of Textiles ($28) and Footwear and Headwear ($17).

Economic Complexity

Competitive Landscape

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

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

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