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2022
Flag → Flag
Exports $475kRnk 175 / 218
2022
Flag → Flag
Top Product $1.98MVaccines, blood, antisera, toxins and cultures
2022
Flag → Flag
Exports $493Rnk 67 / 73
2022
Flag → Flag
Top Product $40Non-Knit Women's Coats
2022
Flag
Economic Complexity (ECI) ECI 1.01Rnk 27 / 133
2022
Flag  
GDP$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
GDP PC $66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH14.5%CURRENT US$
Rnk 99 / 186

About

Denmark-Bhutan Trade: In 2022, Denmark exported $475k to Bhutan. The main products that Denmark exported to Bhutan were Vaccines, blood, antisera, toxins and cultures ($1.98M), Refrigerators ($152k), and Broadcasting Equipment ($74.1k). Over the past 5 years the exports of Denmark to Bhutan have decreased at an annualized rate of 0.18%, from $480k in 2017 to $475k in 2022.

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

Bhutan-Denmark Trade: In 2022, Bhutan exported $493 to Denmark. The main products that Bhutan exported to Denmark were Non-Knit Women's Coats ($40) and Microphones and Headphones ($31). Over the past 5 years the exports of Bhutan to Denmark have decreased at an annualized rate of 36.2%,  from $4.65k in 2017 to $493 in 2022.

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

Comparison In 2022,  Denmark ranked 27 in the Economic Complexity Index (ECI 1.01),  and 37 in total exports ($122B). 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, Denmark exported $475k to Bhutan. The main products exported from Denmark to Bhutan were Vaccines, blood, antisera, toxins and cultures ($1.98M), Refrigerators ($152k), and Broadcasting Equipment ($74.1k). During the last 5 years the exports of Denmark to Bhutan have decreased at an annualized rate of 0.18%, from $480k in 2017 to $475k in 2022.

In 2014, Bhutan exported $493 to Denmark. The main products exported from Bhutan to Denmark were Non-Knit Women's Coats ($40) and Microphones and Headphones ($31). During the last 16 years the exports of Bhutan to Denmark have decreased at an annualized rate of 36.2%, from $4.65k in 1998 to $493 in 2014.

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

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

Latest Data

Trade between Denmark (Flag) and Bhutan (Flag)

Denmark Exports

Market Competitiveness

Color
Denmark
Top DestinationGermany$18.9B
Bhutan
Top DestinationIndia$343M

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

In 2022, countries that imported more from Denmark than Bhutan included Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

In 2022, countries that imported more from Bhutan than Denmark included Nepal ($7.44M).

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

Comparative Advantage Denmark - Bhutan

Flow
Scale

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

During 2022, Denmark had a large net trade with Bhutan in the exports of Chemical Products ($1.98M), Machines ($451k), and Instruments ($67.7k).

During 2014, Bhutan had a large net trade with Denmark in the exports of Textiles ($40) and Machines ($31).

Economic Complexity

Competitive Landscape

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

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

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