2022
Flag  
GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
GDP PC 
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 186

About

Netherlands-Bhutan Trade: In 2022, Netherlands exported $1.57M to Bhutan. The main products that Netherlands exported to Bhutan were Sports Equipment ($431k), Broadcasting Equipment ($301k), and Industrial Printers ($196k). Over the past 5 years the exports of Netherlands to Bhutan have increased at an annualized rate of 13.3%, from $840k in 2017 to $1.57M in 2022.

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

Bhutan-Netherlands Trade: In 2022, Bhutan exported $729k to Netherlands. The main products that Bhutan exported to Netherlands were Ferroalloys ($714k), Uncoated Paper ($4.9k), and Non-Knit Women's Suits ($2.89k). Over the past 5 years the exports of Bhutan to Netherlands have increased at an annualized rate of 165%,  from $5.6k in 2017 to $729k in 2022.

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

Comparison In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11),  and 6 in total exports ($674B). 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, Netherlands exported $1.57M to Bhutan. The main products exported from Netherlands to Bhutan were Sports Equipment ($431k), Broadcasting Equipment ($301k), and Industrial Printers ($196k). During the last 5 years the exports of Netherlands to Bhutan have increased at an annualized rate of 13.3%, from $840k in 2017 to $1.57M in 2022.

In 2017, Bhutan exported $729k to Netherlands. The main products exported from Bhutan to Netherlands were Ferroalloys ($714k), Uncoated Paper ($4.9k), and Non-Knit Women's Suits ($2.89k). During the last 5 years the exports of Bhutan to Netherlands have increased at an annualized rate of 165%, from $5.6k in 2022 to $729k in 2017.

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

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

Market Competitiveness

Color
Netherlands
Top Destination
Germany$131B
Bhutan
Top Destination
India$343M

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 2022, countries that imported more from Netherlands than Bhutan included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

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

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 2022, Netherlands had a large net trade with Bhutan in the exports of Machines ($616k), Miscellaneous ($431k), and Chemical Products ($205k).

During 2017, Bhutan had a large net trade with Netherlands in the exports of Metals ($714k), Textiles ($5.33k), and Paper Goods ($4.9k).

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) (2022)

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