Slovakia (SVK) and Bhutan (BTN) Trade | The Observatory of Economic Complexity

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Slovakia-Bhutan Trade: In 2022, Slovakia exported $744k to Bhutan. The main products that Slovakia exported to Bhutan were Centrifuges ($661k), Surveying Equipment ($58k), and Utility Meters ($24k). Over the past 5 years the exports of Slovakia to Bhutan have increased at an annualized rate of 33.3%, from $177k in 2017 to $744k in 2022.

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

Bhutan-Slovakia In N/A, Bhutan did not export any products to Slovakia.

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

Comparison In 2022, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.32), and 41 in total exports ($110B). 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

In 2022, Slovakia exported $744k to Bhutan. The main products exported from Slovakia to Bhutan were Centrifuges ($661k), Surveying Equipment ($58k), and Utility Meters ($24k). During the last 5 years the exports of Slovakia to Bhutan have increased at an annualized rate of 33.3%, from $177k in 2017 to $744k in 2022.

Bhutan does not register exports to Slovakia. The main products exported from Bhutan to Slovakia were Ornamental Ceramics ($131), Other Musical Instruments ($128), and Shaving Products ($51).

Exports from Slovakia () to Bhutan () (2022)

Exports from Bhutan () to Slovakia () (2022)

Latest Data

Trade between Slovakia () and Bhutan ()

Slovakia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Slovakia
Top DestinationGermany$22.2B

Bhutan
Top DestinationIndia$343M

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

In 2022, countries that imported more from Slovakia than Bhutan included Germany ($22.2B), Czechia ($12.6B), and Hungary ($9.79B).

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

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

Comparative Advantage Slovakia - Bhutan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Slovakia had a large net trade with Bhutan in the exports of Machines ($661k) and Instruments ($82k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Slovakia () to Bhutan () (2022)

Exports from Bhutan () to Slovakia () (2022)

Latest Data

Trade between Slovakia () and Bhutan ()

Slovakia Exports

Market Competitiveness

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

Comparative Advantage Slovakia - Bhutan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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