2023
Flag  
GDP
$809BCURRENT US$
Rnk 21 / 195
2013-2023
Flag
GDP GROWTH
56.2%CURRENT US$
Rnk 62 / 195
2023
Flag
GDP PC 
$22,057CURRENT US$
Rnk 59 / 195
2013-2023
Flag
GDP PC GROWTH
61.9%CURRENT US$
Rnk 28 / 195

About

Poland-Bhutan Trade: In 2023, Poland exported $77.6k to Bhutan. The main products that Poland exported to Bhutan were Woodworking machines ($28.5k), Used Clothing ($19.7k), and Medical Instruments ($15.9k). Over the past 5 years the exports of Poland to Bhutan have decreased at an annualized rate of 16%, from $185k in 2018 to $77.6k in 2023.

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

Bhutan-Poland Trade: In 2023, Bhutan exported $273k to Poland. The main products that Bhutan exported to Poland were Ferroalloys ($269k), Air Pumps ($2.16k), and Non-Knit Men's Suits ($1.02k). Over the past 5 years the exports of Bhutan to Poland have decreased at an annualized rate of 21%,  from $885k in 2018 to $273k in 2023.

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

Comparison In 2023,  Poland ranked 24 in the Economic Complexity Index (ECI 1.09),  and 23 in total exports ($339B). 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, Poland exported $77.6k to Bhutan. The main products exported from Poland to Bhutan were Woodworking machines ($28.5k), Used Clothing ($19.7k), and Medical Instruments ($15.9k). During the last 5 years the exports of Poland to Bhutan have decreased at an annualized rate of 16%, from $185k in 2018 to $77.6k in 2023.

In 2018, Bhutan exported $273k to Poland. The main products exported from Bhutan to Poland were Ferroalloys ($269k), Air Pumps ($2.16k), and Non-Knit Men's Suits ($1.02k). During the last 5 years the exports of Bhutan to Poland have decreased at an annualized rate of 21%, from $885k in 2023 to $273k in 2018.

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

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

Latest Data

Trade between Poland (Flag) and Bhutan (Flag)

Poland Exports

Market Competitiveness

Color
Poland
Top Destination
Germany$84B
Bhutan
Top Destination
India$421M

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

In 2023, countries that imported more from Poland than Bhutan included Germany ($84B), United Kingdom ($19.4B), and Czechia ($19.3B).

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

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

Comparative Advantage Poland - Bhutan

Flow
Scale

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

During 2023, Poland had a large net trade with Bhutan in the exports of Machines ($35.8k), Textiles ($20.4k), and Instruments ($16k).

During 2018, Bhutan had a large net trade with Poland in the exports of Metals ($269k), Machines ($2.35k), and Textiles ($1.37k).

Economic Complexity

Competitive Landscape

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

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

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