2023
Flag
 GDP
$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH
28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
GDP PC
$49,041CURRENT US$
Rnk 27 / 196
2013-2023
Flag
GDP PC GROWTH
-5.73%CURRENT US$
Rnk 161 / 195

About

Bhutan-United Arab Emirates Trade: In 2023, Bhutan exported $24.6k to United Arab Emirates. The main products that Bhutan exported to United Arab Emirates were Water ($11.3k), Plastic Lids ($3.56k), and Perfume Plants ($3.43k). Over the past 5 years the exports of Bhutan to United Arab Emirates have decreased at an annualized rate of 30%, from $147k in 2018 to $24.6k in 2023.

In 2023, Bhutan did not export any services to United Arab Emirates.

United Arab Emirates-Bhutan Trade: In 2023, United Arab Emirates exported $4.7M to Bhutan. The main products that United Arab Emirates exported to Bhutan were Hard Liquor ($2.84M), Broadcasting Equipment ($1.15M), and Computers ($401k). Over the past 5 years the exports of United Arab Emirates to Bhutan have decreased at an annualized rate of 13.3%,  from $9.59M in 2018 to $4.7M in 2023.

In 2023, United Arab Emirates did not export any services to Bhutan.

Comparison In 2023,  Bhutan ranked 170 in total exports ($456M), and does not have data regarding Economic Complexity Index. That same year, United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bhutan exported $24.6k to United Arab Emirates. The main products exported from Bhutan to United Arab Emirates were Water ($11.3k), Plastic Lids ($3.56k), and Perfume Plants ($3.43k). During the last 5 years the exports of Bhutan to United Arab Emirates have decreased at an annualized rate of 30%, from $147k in 2018 to $24.6k in 2023.

In 2018, United Arab Emirates exported $4.7M to Bhutan. The main products exported from United Arab Emirates to Bhutan were Hard Liquor ($2.84M), Broadcasting Equipment ($1.15M), and Computers ($401k). During the last 5 years the exports of United Arab Emirates to Bhutan have decreased at an annualized rate of 13.3%, from $9.59M in 2023 to $4.7M in 2018.

Exports from Bhutan (Flag) to United Arab Emirates (Flag) (2023)

Exports from United Arab Emirates (Flag) to Bhutan (Flag) (2023)

Latest Data

Trade between Bhutan (Flag) and United Arab Emirates (Flag)

United Arab Emirates Exports

Market Competitiveness

Color
Bhutan
Top Destination
India$421M
United Arab Emirates
Top Destination
China$40.2B

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

In 2023, no countries were registered that imported more from Bhutan than from United Arab Emirates.

In 2023, countries that imported more from United Arab Emirates than Bhutan included China ($40.2B), India ($38.2B), and Japan ($37.4B).

Difference in imports from United Arab Emirates (Flag) and Bhutan (Flag) (2023)

Comparative Advantage Bhutan - United Arab Emirates

Flow
Scale

This chart compares trade between Bhutan and United Arab Emirates by product, considering products traded by both, Bhutan and United Arab Emirates.

During 2023, Bhutan had a large net trade with United Arab Emirates in the exports of Foodstuffs ($11.3k), Textiles ($3.87k), and Plastics and Rubbers ($3.56k).

During 2018, United Arab Emirates had a large net trade with Bhutan in the exports of Foodstuffs ($2.95M), Machines ($1.64M), and Plastics and Rubbers ($44.5k).

Economic Complexity

Competitive Landscape

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

Product Space of Bhutan (Flag) and United Arab Emirates (Flag) (2023)

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