2022
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 GDP
$281BCURRENT US$
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2012-2022
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GDP GROWTH
8.73%CURRENT US$
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2022
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GDP PC
$50,537CURRENT US$
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2012-2022
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GDP PC GROWTH
5.93%CURRENT US$
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About

Bhutan-Finland Trade: In 2022, Bhutan exported $27 to Finland. The main products that Bhutan exported to Finland were Blank Audio Media ($27). Over the past 12 years the exports of Bhutan to Finland have decreased at an annualized rate of 18.2%, from $300 in 2010 to $27 in 2022.

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

Finland-Bhutan Trade: In 2022, Finland exported $232k to Bhutan. The main products that Finland exported to Bhutan were Medical Instruments ($228k), Paper Containers ($2.73k), and Iron Radiators ($381). Over the past 12 years the exports of Finland to Bhutan have decreased at an annualized rate of 2.98%,  from $323k in 2010 to $232k in 2022.

In 2022, Finland 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, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bhutan exported $27 to Finland. The main products exported from Bhutan to Finland were Blank Audio Media ($27). During the last 12 years the exports of Bhutan to Finland have decreased at an annualized rate of 18.2%, from $300 in 2010 to $27 in 2022.

In 2017, Finland exported $232k to Bhutan. The main products exported from Finland to Bhutan were Medical Instruments ($228k), Paper Containers ($2.73k), and Iron Radiators ($381). During the last 5 years the exports of Finland to Bhutan have decreased at an annualized rate of 2.98%, from $323k in 2022 to $232k in 2017.

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

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

Latest Data

Trade between Bhutan (Flag) and Finland (Flag)

Finland Exports

Market Competitiveness

Color
Bhutan
Top Destination
India$343M
Finland
Top Destination
Germany$9.99B

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

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

In 2022, countries that imported more from Finland than Bhutan included Germany ($9.99B), United States ($9.17B), and Sweden ($9.1B).

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

Comparative Advantage Bhutan - Finland

Flow
Scale

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

During 2022, Bhutan had a large net trade with Finland in the exports of Machines ($27).

During 2017, Finland had a large net trade with Bhutan in the exports of Instruments ($228k), Paper Goods ($3.1k), and Metals ($381).

Economic Complexity

Competitive Landscape

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

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

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