2023
Flag  
GDP
$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
GDP PC 
$64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 96 / 195

About

Netherlands-Bhutan Trade: In 2023, Netherlands exported $898k to Bhutan. The main products that Netherlands exported to Bhutan were Industrial Printers ($151k), Medical Instruments ($115k), and Sports Equipment ($109k). Over the past 5 years the exports of Netherlands to Bhutan have decreased at an annualized rate of 6.76%, from $1.27M in 2018 to $898k in 2023.

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

Bhutan-Netherlands Trade: In 2023, Bhutan exported $14.7k to Netherlands. The main products that Bhutan exported to Netherlands were Fruit Juice ($7.67k), Other Stone Articles ($3.46k), and Musical Instrument Parts ($2.11k). Over the past 5 years the exports of Bhutan to Netherlands have decreased at an annualized rate of 51%,  from $518k in 2018 to $14.7k in 2023.

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

Comparison In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08),  and 9 in total exports ($599B). That same year, Bhutan ranked 170 in total exports ($456M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Netherlands exported $898k to Bhutan. The main products exported from Netherlands to Bhutan were Industrial Printers ($151k), Medical Instruments ($115k), and Sports Equipment ($109k). During the last 5 years the exports of Netherlands to Bhutan have decreased at an annualized rate of 6.76%, from $1.27M in 2018 to $898k in 2023.

In 2018, Bhutan exported $14.7k to Netherlands. The main products exported from Bhutan to Netherlands were Fruit Juice ($7.67k), Other Stone Articles ($3.46k), and Musical Instrument Parts ($2.11k). During the last 5 years the exports of Bhutan to Netherlands have decreased at an annualized rate of 51%, from $518k in 2023 to $14.7k in 2018.

Exports from Netherlands (Flag) to Bhutan (Flag) (2023)

Exports from Bhutan (Flag) to Netherlands (Flag) (2023)

Market Competitiveness

Color
Netherlands
Top Destination
Germany$96.9B
Bhutan
Top Destination
India$421M

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

In 2023, countries that imported more from Netherlands than Bhutan included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

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

Difference in imports from Bhutan (Flag) and Netherlands (Flag) (2023)

Comparative Advantage Netherlands - Bhutan

Flow
Scale

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

During 2023, Netherlands had a large net trade with Bhutan in the exports of Machines ($314k), Instruments ($168k), and Miscellaneous ($112k).

During 2018, Bhutan had a large net trade with Netherlands in the exports of Foodstuffs ($7.96k), Stone And Glass ($3.46k), and Instruments ($2.8k).

Economic Complexity

Competitive Landscape

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

Product Space of Netherlands (Flag) and Bhutan (Flag) (2023)

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