2022
Flag  
GDP
$291BCURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP GROWTH
39.3%CURRENT US$
Rnk 83 / 186
2022
Flag
GDP PC 
$27,638CURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP PC GROWTH
39.1%CURRENT US$
Rnk 51 / 186

About

Czechia-Bhutan Trade: In 2022, Czechia exported $70.5k to Bhutan. The main products that Czechia exported to Bhutan were Computers ($68.5k), Insulated Wire ($573), and Broadcasting Equipment ($508). Over the past 5 years the exports of Czechia to Bhutan have increased at an annualized rate of 32.7%, from $17.1k in 2017 to $70.5k in 2022.

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

Bhutan-Czechia Trade: In 2022, Bhutan exported $157k to Czechia. The main products that Bhutan exported to Czechia were Ferroalloys ($136k), Other Edible Preparations ($8.55k), and Dried Vegetables ($5.93k). Over the past 5 years the exports of Bhutan to Czechia have increased at an annualized rate of 121%,  from $3k in 2017 to $157k in 2022.

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

Comparison In 2022,  Czechia ranked 7 in the Economic Complexity Index (ECI 1.55),  and 30 in total exports ($237B). That same year, Bhutan ranked 177 in total exports ($392M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Czechia exported $70.5k to Bhutan. The main products exported from Czechia to Bhutan were Computers ($68.5k), Insulated Wire ($573), and Broadcasting Equipment ($508). During the last 5 years the exports of Czechia to Bhutan have increased at an annualized rate of 32.7%, from $17.1k in 2017 to $70.5k in 2022.

In 2017, Bhutan exported $157k to Czechia. The main products exported from Bhutan to Czechia were Ferroalloys ($136k), Other Edible Preparations ($8.55k), and Dried Vegetables ($5.93k). During the last 5 years the exports of Bhutan to Czechia have increased at an annualized rate of 121%, from $3k in 2022 to $157k in 2017.

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

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

Latest Data

Trade between Czechia (Flag) and Bhutan (Flag)

Czechia Exports

Market Competitiveness

Color
Czechia
Top Destination
Germany$75.3B
Bhutan
Top Destination
India$343M

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

In 2022, countries that imported more from Czechia than Bhutan included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

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

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

Comparative Advantage Czechia - Bhutan

Flow
Scale

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

During 2022, Czechia had a large net trade with Bhutan in the exports of Machines ($69.8k), Wood Products ($483), and Chemical Products ($141).

During 2017, Bhutan had a large net trade with Czechia in the exports of Metals ($136k), Foodstuffs ($8.55k), and Vegetable Products ($6.95k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with