2022
Flag
 GDP
$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH
87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC
$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH
67.3%CURRENT US$
Rnk 19 / 186

About

Bhutan-Dominican Republic Trade: In 2022, Bhutan exported $295 to Dominican Republic. The main products that Bhutan exported to Dominican Republic were Non-Knit Women's Shirts ($255) and Trunks and Cases ($40). Over the past 12 years the exports of Bhutan to Dominican Republic have decreased at an annualized rate of 15.2%, from $2.15k in 2010 to $295 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 2022,  Bhutan ranked 177 in total exports ($392M), and does not have data regarding Economic Complexity Index. That same year, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.052), and 92 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bhutan exported $295 to Dominican Republic. The main products exported from Bhutan to Dominican Republic were Non-Knit Women's Shirts ($255) and Trunks and Cases ($40). During the last 12 years the exports of Bhutan to Dominican Republic have decreased at an annualized rate of 15.2%, from $2.15k in 2010 to $295 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$343M
Dominican Republic
Top Destination
United States$6.85B

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 2022, countries that imported more from Bhutan than Dominican Republic included Nepal ($7.44M), Burundi ($11.5k), and Zambia ($6.34k).

In 2022, countries that imported more from Dominican Republic than Bhutan included United States ($6.85B), Switzerland ($1.08B), and Haiti ($1.02B).

Difference in imports from Dominican Republic (Flag) and Bhutan (Flag) (2022)

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 Textiles ($255) and Animal Hides ($40).

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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