Bhutan (BTN) and Ukraine (UKR) Trade | The Observatory of Economic Complexity

About

Bhutan-Ukraine Trade: In 2023, Bhutan exported $398 to Ukraine. The main products that Bhutan exported to Ukraine were Computers ($316), Iron Fasteners ($36), and Other Rubber Products ($24). Over the past 9 years the exports of Bhutan to Ukraine have decreased at an annualized rate of 53.4%, from $385k in 2014 to $398 in 2023.

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

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

In 2023, Ukraine 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, Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Bhutan exported $398 to Ukraine. The main products exported from Bhutan to Ukraine were Computers ($316), Iron Fasteners ($36), and Other Rubber Products ($24). During the last 9 years the exports of Bhutan to Ukraine have decreased at an annualized rate of 53.4%, from $385k in 2014 to $398 in 2023.

Ukraine does not register exports to Bhutan.

Exports from Bhutan () to Ukraine () (2023)

Exports from Ukraine () to Bhutan () (2023)

Latest Data

Trade between Bhutan () and Ukraine ()

Ukraine Exports

Date

Dec 2017

Nov 2017

Dec 2013

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bhutan
Top DestinationIndia$421M

Ukraine
Top DestinationPoland$4.83B

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 2023, no countries were registered that imported more from Bhutan than from Ukraine.

In 2023, countries that imported more from Ukraine than Bhutan included Poland ($4.83B), Romania ($3.56B), and Turkey ($2.88B).

Difference in imports from Ukraine () and Bhutan () (2023)

Comparative Advantage Bhutan - Ukraine

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Bhutan had a large net trade with Ukraine in the exports of Machines ($338), Metals ($36), and Plastics and Rubbers ($24).

Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Bhutan () to Ukraine () (2023)

Exports from Ukraine () to Bhutan () (2023)

Latest Data

Trade between Bhutan () and Ukraine ()

Ukraine Exports

Market Competitiveness

Difference in imports from Ukraine () and Bhutan () (2023)

Comparative Advantage Bhutan - Ukraine

Economic Complexity

Competitive Landscape

Product Space of Bhutan () and Ukraine () (2023)

Keep Exploring