2023
Flag
 GDP
$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH
93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
GDP PC
$10,718CURRENT US$
Rnk 87 / 196
2013-2023
Flag
GDP PC GROWTH
74.3%CURRENT US$
Rnk 21 / 195

About

Bhutan-Dominican Republic Trade: In 2022, Bhutan exported $296 to Dominican Republic. The main products that Bhutan exported to Dominican Republic were N/A. Over the past 12 years the exports of Bhutan to Dominican Republic have decreased at an annualized rate of 15.4%, from $2.21k in 2010 to $296 in 2022.

In 2022, Bhutan did not export any services to Dominican Republic.

Dominican Republic-Bhutan In N/A, Dominican Republic did not export any products to Bhutan.

In 2022, Dominican Republic 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, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.04), and 91 in total exports ($13.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bhutan exported $296 to Dominican Republic. There were not main exports from Bhutan to Dominican Republic in 2022. During the last 12 years the exports of Bhutan to Dominican Republic have decreased at an annualized rate of 15.4%, from $2.21k in 2010 to $296 in 2022.

Dominican Republic does not register exports to Bhutan.

Exports from Bhutan (Flag) to Dominican Republic (Flag) (2022)

Exports from Dominican Republic (Flag) to Bhutan (Flag) (2022)

Market Competitiveness

Color
Bhutan
Top Destination
India$421M
Dominican Republic
Top Destination
United States$7.08B

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

In 2023, countries that imported more from Bhutan than Dominican Republic included Malawi ($47k) and Liberia ($594).

In 2023, countries that imported more from Dominican Republic than Bhutan included United States ($7.08B), Switzerland ($885M), and Haiti ($856M).

Difference in imports from Dominican Republic (Flag) and Bhutan (Flag) (2023)

Comparative Advantage Bhutan - Dominican Republic

Flow
Scale

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

During 2022, Bhutan had a large net trade with Dominican Republic in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Bhutan (Flag) and Dominican Republic (Flag) (2022)

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