Bhutan (BTN) and Bangladesh (BGD) Trade | The Observatory of Economic Complexity

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Bhutan-Bangladesh Trade: In 2015, Bhutan exported $40M to Bangladesh. The main products that Bhutan exported to Bangladesh were N/A. Over the past 7 years the exports of Bhutan to Bangladesh have increased at an annualized rate of 15.5%, from $14.6M in 2008 to $40M in 2015.

In 2015, Bhutan did not export any services to Bangladesh.

Bangladesh-Bhutan Trade: In 2015, Bangladesh exported $2.44M to Bhutan. The main products that Bangladesh exported to Bhutan were N/A. Over the past 7 years the exports of Bangladesh to Bhutan have decreased at an annualized rate of 10.1%, from $4.15M in 2008 to $2.44M in 2015.

In 2015, Bangladesh 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, Bangladesh ranked 113 in the Economic Complexity Index (ECI -1.03), and 55 in total exports ($54.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2015, Bhutan exported $40M to Bangladesh. There were not main exports from Bhutan to Bangladesh in 2015. During the last 7 years the exports of Bhutan to Bangladesh have increased at an annualized rate of 15.5%, from $14.6M in 2008 to $40M in 2015.

In 2010, Bangladesh exported $2.44M to Bhutan. There were not main exports from Bangladesh to Bhutan in 2010. During the last 5 years the exports of Bangladesh to Bhutan have decreased at an annualized rate of 10.1%, from $4.15M in 2015 to $2.44M in 2010.

Exports from Bhutan () to Bangladesh () (2015)

Exports from Bangladesh () to Bhutan () (2015)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bhutan
Top DestinationIndia$421M

Bangladesh
Top DestinationUnited States$8.58B

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

In 2023, countries that imported more from Bhutan than Bangladesh included Malawi ($47k).

In 2023, countries that imported more from Bangladesh than Bhutan included United States ($8.58B), Germany ($8.28B), and United Kingdom ($4.25B).

Difference in imports from Bangladesh () and Bhutan () (2023)

Comparative Advantage Bhutan - Bangladesh

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2015, Bhutan had a large net trade with Bangladesh in the exports of .

During 2010, Bangladesh had a large net trade with Bhutan in the exports of .

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Bhutan () to Bangladesh () (2015)

Exports from Bangladesh () to Bhutan () (2015)

Market Competitiveness

Difference in imports from Bangladesh () and Bhutan () (2023)

Comparative Advantage Bhutan - Bangladesh

Economic Complexity

Competitive Landscape

Product Space of Bhutan () and Bangladesh () (2015)

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