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2022
Flag → Flag
Exports $1.19MRnk 177 / 217
2022
Flag → Flag
Top Product $624kBroadcasting Equipment
2022
Flag → Flag
Exports $4.41kRnk 41 / 73
2022
Flag → Flag
Top Product $2.36kElectric Motors
2022
Flag
Economic Complexity (ECI) ECI 1.49Rnk 9 / 133
2022
Flag  
GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH6.06%CURRENT US$
Rnk 151 / 186
2022
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GDP PC $55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH-3.73%CURRENT US$
Rnk 149 / 186

About

Sweden-Bhutan Trade: In 2022, Sweden exported $1.19M to Bhutan. The main products that Sweden exported to Bhutan were Broadcasting Equipment ($624k), Telephones ($196k), and Insulated Wire ($126k). Over the past 5 years the exports of Sweden to Bhutan have decreased at an annualized rate of 17.6%, from $3.15M in 2017 to $1.19M in 2022.

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

Bhutan-Sweden Trade: In 2022, Bhutan exported $4.41k to Sweden. The main products that Bhutan exported to Sweden were Electric Motors ($2.36k), Broadcasting Equipment ($791), and Other Edible Preparations ($569). Over the past 5 years the exports of Bhutan to Sweden have increased at an annualized rate of 30.3%,  from $1.17k in 2017 to $4.41k in 2022.

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

Comparison In 2022,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.49),  and 33 in total exports ($194B). That same year, Bhutan ranked 177 in total exports ($392M), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

About

Overview In N/A, Sweden exported SEKN/A and imported SEKN/A from Bhutan, resulting in a N/A trade balance of SEKN/A. Between N/A and N/A the exports of Sweden have N/A by SEKN/A (N/A) from SEKN/A to SEKN/A, while imports N/A by SEKN/A (N/A) from SEKN/A to SEKN/A.

Trade In N/A, the top exports of Sweden to Bhutan were . In N/A the top imports of Sweden from Bhutan were .

Growth In N/A, the N/A in Sweden's year-by-year exports to Bhutan was explained primarily by an decrease in product exports in . In N/A, the N/A in Sweden's year-by-year imports  from Bhutan was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth

This section shows exports and imports data at subnational level for Sweden. Click any date in the line plot or any product to explore the exports or imports behavior of Sweden over time.

To check Bhutan and Sweden trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Bhutan and Sweden Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $1.19M to Bhutan. The main products exported from Sweden to Bhutan were Broadcasting Equipment ($624k), Telephones ($196k), and Insulated Wire ($126k). During the last 5 years the exports of Sweden to Bhutan have decreased at an annualized rate of 17.6%, from $3.15M in 2017 to $1.19M in 2022.

In 2017, Bhutan exported $4.41k to Sweden. The main products exported from Bhutan to Sweden were Electric Motors ($2.36k), Broadcasting Equipment ($791), and Other Edible Preparations ($569). During the last 5 years the exports of Bhutan to Sweden have increased at an annualized rate of 30.3%, from $1.17k in 2022 to $4.41k in 2017.

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

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

Market Competitiveness

Color
Sweden
Top DestinationGermany$19.2B
Bhutan
Top DestinationIndia$343M

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

In 2022, countries that imported more from Sweden than Bhutan included Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

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

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

Comparative Advantage Sweden - Bhutan

Flow
Scale

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

During 2022, Sweden had a large net trade with Bhutan in the exports of Machines ($1.1M), Metals ($59.3k), and Plastics and Rubbers ($17.2k).

During 2017, Bhutan had a large net trade with Sweden in the exports of Machines ($3.15k), Textiles ($594), and Foodstuffs ($569).

Economic Complexity

Competitive Landscape

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

Product Space of Sweden (Flag) and Bhutan (Flag) (2022)

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