Bhutan-Czechia Bilateral Trade Analysis 2023
Complete trade statistics: $163,400 total volume •Bhutan surplus: $163,400
Bhutan → Czechia
$163,400
Exports (2023)
Czechia → Bhutan
$0
Imports (2023)
Trade Balance
$163,400
Surplus for Bhutan
Total Trade
$163,400
Combined Volume
Trade Flow Visualization
Direct trade relationship between Bhutan and Czechia. Green line shows exports from Bhutan, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Bhutan-Czechia commercial relationship and competitive positioning in global markets.
Bhutan → Czechia Exports
Export Market Intelligence
🎯 Strategic Export Focus
Bhutan's export portfolio to Czechia demonstrates strategic specialization, with ferro-alloys: ferro-silicon, containing by weight more than 55% of silicon representing a key competitive advantage in this bilateral market.
Czechia → Bhutan Imports
Import Dependency Profile
📦 Import Strategy Analysis
Bhutan's import pattern from Czechia reveals significant dependencyin units of automatic data processing machines: processing units other than those of item no. 8471.41 or 8471.49, whether or not containing in the same housing one or two of the following types of unit: storage units, input units or output units, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Bhutan demonstrates competitive strength in exportingferro-alloys: ferro-silicon, containing by weight more than 55% of silicon to Czechia, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $163,400 trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Bhutan-Czechia Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $163.40 thousandrepresenting a significant bilateral economic relationship
- Trade Balance: Bhutan maintains a surplus of $163.40 thousand
- Export Focus: Bhutan's primary exports include ferro-alloys: ferro-silicon, containing by weight more than 55% of silicon, food preparations: n.e.c. in item no. 2106.10, clothing: worn, and other worn articles
- Import Dependencies: Key imports from Czechia include units of automatic data processing machines: processing units other than those of item no. 8471.41 or 8471.49, whether or not containing in the same housing one or two of the following types of unit: storage units, input units or output units, plastics: other articles n.e.c. in chapter 39, footwear: with metal toe-cap, outer soles of rubber, plastics, leather or composition leather, uppers of leather
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $163,400 represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Bhutan leveraging its comparative advantages in ferro-alloys: ferro-silicon, containing by weight more than 55% of silicon.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Bhutan's specialization in ferro-alloys: ferro-silicon, containing by weight more than 55% of siliconcomplements Czechia's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in units of automatic data processing machines: processing units other than those of item no. 8471.41 or 8471.49, whether or not containing in the same housing one or two of the following types of unit: storage units, input units or output units.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $163,400 bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $163,400 bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $163.40 thousand bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in ferro-alloys: ferro-silicon, containing by weight more than 55% of silicon and units of automatic data processing machines: processing units other than those of item no. 8471.41 or 8471.49, whether or not containing in the same housing one or two of the following types of unit: storage units, input units or output units demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Bhutan's trade surplus of $163.40 thousand strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Bhutan and Czechia represents a total trade volume of $163.40 thousand in 2023. This partnership demonstrates a favorable trade balance for Bhutan, with exports exceeding importsby $163.40 thousand.
Export Strengths
Bhutan's exports to Czechia total $163.40 thousand, with competitive advantages in ferro-alloys: ferro-silicon, containing by weight more than 55% of silicon, representing $130,003 or79.6% of bilateral exports.
Import Dependencies
Imports from Czechia amount to $0.00, highlighting economic interdependence in units of automatic data processing machines: processing units other than those of item no. 8471.41 or 8471.49, whether or not containing in the same housing one or two of the following types of unit: storage units, input units or output units, with Units of automatic data processing machines: processing units other than those of item no. 8471.41 or 8471.49, whether or not containing in the same housing one or two of the following types of unit: storage units, input units or output units comprisingInfinity% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Bhutan's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Bhutan and Czechia in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023