Serbia (SRB) and Bhutan (BTN) Trade | The Observatory of Economic Complexity

About

In 2009, Serbia exported services to Bhutan worth $5.39k, with Personal, cultural, and recreational services ($4.91k) and Workers' remittances ($486) being the largest in terms of value.

Bhutan-Serbia Trade: In N/A, Bhutan exported $83k to Serbia. The main products that Bhutan exported to Serbia were Ferroalloys ($83k). Over the past N/A years the exports of Bhutan to Serbia have increased at an annualized rate of 13.7%, from $43.7k in N/A to $83k in N/A.

In N/A, Bhutan did not export any services to Serbia.

Comparison In 2022, Serbia ranked 36 in the Economic Complexity Index (ECI 0.75), and 70 in total exports ($30.3B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Serbia does not register exports to Bhutan.

In 2017, Bhutan exported $83k to Serbia. The main products exported from Bhutan to Serbia were Ferroalloys ($83k). During the last 5 years the exports of Bhutan to Serbia have increased at an annualized rate of 13.7%, from $43.7k in 2022 to $83k in 2017.

Exports from Serbia () to Bhutan () (2022)

Exports from Bhutan () to Serbia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Serbia
Top DestinationGermany$4B

Bhutan
Top DestinationIndia$343M

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

In 2022, countries that imported more from Serbia than Bhutan included Germany ($4B), Bosnia and Herzegovina ($2.14B), and Italy ($2.1B).

In 2022, countries that imported more from Bhutan than Serbia included India ($343M), Nepal ($7.44M), and Colombia ($7.42M).

Difference in imports from Bhutan () and Serbia () (2022)

Comparative Advantage Serbia - Bhutan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2017, Bhutan had a large net trade with Serbia in the exports of Metals ($83k).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Serbia () to Bhutan () (2022)

Exports from Bhutan () to Serbia () (2022)

Market Competitiveness

Difference in imports from Bhutan () and Serbia () (2022)

Comparative Advantage Serbia - Bhutan

Economic Complexity

Competitive Landscape

Product Space of Serbia () and Bhutan () (2022)

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