Bhutan (BTN) and Ireland (IRL) Trade | The Observatory of Economic Complexity

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Bhutan-Ireland Trade: In 2022, Bhutan exported $22.9k to Ireland. The main products that Bhutan exported to Ireland were Audio Alarms ($20.8k), Industrial Printers ($898), and Knit Sweaters ($555). Over the past 5 years the exports of Bhutan to Ireland have increased at an annualized rate of 111%, from $546 in 2017 to $22.9k in 2022.

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

Ireland-Bhutan Trade: In 2022, Ireland exported $40.7k to Bhutan. The main products that Ireland exported to Bhutan were Broadcasting Equipment ($18.4k), Cameras ($17k), and Electrical Transformers ($4.21k). Over the past 5 years the exports of Ireland to Bhutan have increased at an annualized rate of 41.5%, from $7.17k in 2017 to $40.7k in 2022.

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

Comparison In 2022, Bhutan ranked 177 in total exports ($392M), and does not have data regarding Economic Complexity Index. That same year, Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bhutan exported $22.9k to Ireland. The main products exported from Bhutan to Ireland were Audio Alarms ($20.8k), Industrial Printers ($898), and Knit Sweaters ($555). During the last 5 years the exports of Bhutan to Ireland have increased at an annualized rate of 111%, from $546 in 2017 to $22.9k in 2022.

In 2017, Ireland exported $40.7k to Bhutan. The main products exported from Ireland to Bhutan were Broadcasting Equipment ($18.4k), Cameras ($17k), and Electrical Transformers ($4.21k). During the last 5 years the exports of Ireland to Bhutan have increased at an annualized rate of 41.5%, from $7.17k in 2022 to $40.7k in 2017.

Exports from Bhutan () to Ireland () (2022)

Exports from Ireland () to Bhutan () (2022)

Latest Data

Trade between Bhutan () and Ireland ()

Ireland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bhutan
Top DestinationIndia$343M

Ireland
Top DestinationUnited States$70.7B

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

In 2022, countries that imported more from Bhutan than Ireland included Nepal ($7.44M).

In 2022, countries that imported more from Ireland than Bhutan included United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

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

Comparative Advantage Bhutan - Ireland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bhutan had a large net trade with Ireland in the exports of Machines ($21.8k), Textiles ($794), and Animal Hides ($145).

During 2017, Ireland had a large net trade with Bhutan in the exports of Machines ($22.6k), Instruments ($17.1k), and Paper Goods ($589).

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 Bhutan and Ireland. This means that a dot/product with the flag of Bhutan indicates it has a comparative advantage over Ireland. Similarly, a dot/product with the flag of Ireland indicates it has a comparative advantage over Bhutan.

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Historical Data

Bilateral Trade by Products

Exports from Bhutan () to Ireland () (2022)

Exports from Ireland () to Bhutan () (2022)

Latest Data

Trade between Bhutan () and Ireland ()

Ireland Exports

Market Competitiveness

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

Comparative Advantage Bhutan - Ireland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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