2022
Flag  
GDP
$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH
88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC 
$72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH
58.5%CURRENT US$
Rnk 29 / 186

About

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

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

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

Comparison In 2022,  Iceland ranked 116 in total exports ($7.31B). That same year, Bhutan ranked 177 in total exports ($392M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Iceland does not register exports to Bhutan. The main products exported from Iceland to Bhutan were Refined Petroleum ($549k).

Bhutan does not register exports to Iceland. The main products exported from Bhutan to Iceland were Cabbages ($7.82k) and Wine ($188).

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

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

Market Competitiveness

Color
Iceland
Top Destination
Netherlands$1.97B
Bhutan
Top Destination
India$343M

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

In 2022, countries that imported more from Iceland than Bhutan included Netherlands ($1.97B), United Kingdom ($672M), and United States ($613M).

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

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

Comparative Advantage Iceland - Bhutan

Flow
Scale

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

Economic Complexity

Competitive Landscape

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

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

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