2022
Flag
 GDP
$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH
8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC
$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH
-5.23%CURRENT US$
Rnk 153 / 186

About

Bhutan-Australia Trade: In 2022, Bhutan exported $124k to Australia. The main products that Bhutan exported to Australia were Coffee ($100k), Shaving Products ($11.3k), and Rubber Tires ($9.73k). Over the past 5 years the exports of Bhutan to Australia have decreased at an annualized rate of 32.9%, from $914k in 2017 to $124k in 2022.

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

Australia-Bhutan Trade: In 2022, Australia exported $1.66M to Bhutan. The main products that Australia exported to Bhutan were Broadcasting Equipment ($839k), Computers ($377k), and Video Displays ($164k). Over the past 5 years the exports of Australia to Bhutan have increased at an annualized rate of 45.5%,  from $255k in 2017 to $1.66M in 2022.

In 2022, Australia 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, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bhutan exported $124k to Australia. The main products exported from Bhutan to Australia were Coffee ($100k), Shaving Products ($11.3k), and Rubber Tires ($9.73k). During the last 5 years the exports of Bhutan to Australia have decreased at an annualized rate of 32.9%, from $914k in 2017 to $124k in 2022.

In 2017, Australia exported $1.66M to Bhutan. The main products exported from Australia to Bhutan were Broadcasting Equipment ($839k), Computers ($377k), and Video Displays ($164k). During the last 5 years the exports of Australia to Bhutan have increased at an annualized rate of 45.5%, from $255k in 2022 to $1.66M in 2017.

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

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

Latest Data

Trade between Bhutan (Flag) and Australia (Flag)

Australia Exports

Market Competitiveness

Color
Bhutan
Top Destination
N/AN/A
Australia
Top Destination
N/AN/A

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

N/A

N/A

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

Comparative Advantage Bhutan - Australia

Flow
Scale

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

During 2022, Bhutan had a large net trade with Australia in the exports of Vegetable Products ($100k), Chemical Products ($11.3k), and Plastics and Rubbers ($9.73k).

During 2017, Australia had a large net trade with Bhutan in the exports of Machines ($1.5M), Chemical Products ($79.8k), and Textiles ($35.4k).

Economic Complexity

Competitive Landscape

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

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

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