Bhutan (BTN) and Ecuador (ECU) Trade | The Observatory of Economic Complexity

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Bhutan-Ecuador Trade: In 2023, Bhutan exported $38 to Ecuador. The main products that Bhutan exported to Ecuador were Other Rubber Products ($38). Over the past 10 years the exports of Bhutan to Ecuador have decreased at an annualized rate of 27%, from $888 in 2013 to $38 in 2023.

In 2023, Bhutan did not export any services to Ecuador.

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

In 2023, Ecuador 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, Ecuador ranked 104 in the Economic Complexity Index (ECI -0.85), and 65 in total exports ($37.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Bhutan exported $38 to Ecuador. The main products exported from Bhutan to Ecuador were Other Rubber Products ($38). During the last 10 years the exports of Bhutan to Ecuador have decreased at an annualized rate of 27%, from $888 in 2013 to $38 in 2023.

Ecuador does not register exports to Bhutan.

Exports from Bhutan () to Ecuador () (2023)

Exports from Ecuador () to Bhutan () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bhutan
Top DestinationIndia$421M

Ecuador
Top DestinationUnited States$8.34B

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

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

In 2023, countries that imported more from Ecuador than Bhutan included United States ($8.34B), China ($7.96B), and Panama ($4.38B).

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

Comparative Advantage Bhutan - Ecuador

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Bhutan had a large net trade with Ecuador in the exports of Plastics and Rubbers ($38).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Bhutan () to Ecuador () (2023)

Exports from Ecuador () to Bhutan () (2023)

Market Competitiveness

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

Comparative Advantage Bhutan - Ecuador

Economic Complexity

Competitive Landscape

Product Space of Bhutan () and Ecuador () (2023)

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