NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $704kRnk 13 / 77
2023
Flag → Flag
Top Product $317kElectrical Ignitions
2023
Flag → Flag
Exports $2.4MRnk 196 / 223
2023
Flag → Flag
Top Product $1.94MHard Liquor
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag
 GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC$49,464CURRENT US$
Rnk 26 / 196
2013-2023
Flag
GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195

About

Bhutan-United Kingdom Trade: In 2023, Bhutan exported $704k to United Kingdom. The main products that Bhutan exported to United Kingdom were Electrical Ignitions ($317k), Audio Alarms ($157k), and Antiques ($112k). Over the past 5 years the exports of Bhutan to United Kingdom have decreased at an annualized rate of 38.9%, from $8.25M in 2018 to $704k in 2023.

In 2023, Bhutan did not export any services to United Kingdom.

United Kingdom-Bhutan Trade: In 2023, United Kingdom exported $2.4M to Bhutan. The main products that United Kingdom exported to Bhutan were Hard Liquor ($1.94M), Poultry Meat ($93.9k), and Jewellery ($78.1k). Over the past 5 years the exports of United Kingdom to Bhutan have increased at an annualized rate of 8.88%,  from $1.57M in 2018 to $2.4M in 2023.

In 2023, United Kingdom 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, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bhutan exported $704k to United Kingdom. The main products exported from Bhutan to United Kingdom were Electrical Ignitions ($317k), Audio Alarms ($157k), and Antiques ($112k). During the last 5 years the exports of Bhutan to United Kingdom have decreased at an annualized rate of 38.9%, from $8.25M in 2018 to $704k in 2023.

In 2018, United Kingdom exported $2.4M to Bhutan. The main products exported from United Kingdom to Bhutan were Hard Liquor ($1.94M), Poultry Meat ($93.9k), and Jewellery ($78.1k). During the last 5 years the exports of United Kingdom to Bhutan have increased at an annualized rate of 8.88%, from $1.57M in 2023 to $2.4M in 2018.

Exports from Bhutan (Flag) to United Kingdom (Flag) (2023)

Exports from United Kingdom (Flag) to Bhutan (Flag) (2023)

Latest Data

Trade between Bhutan (Flag) and United Kingdom (Flag)

United Kingdom Exports

Market Competitiveness

Color
Bhutan
Top DestinationIndia$421M
United Kingdom
Top DestinationUnited States$59.7B

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

In 2023, no countries were registered that imported more from Bhutan than from United Kingdom.

In 2023, countries that imported more from United Kingdom than Bhutan included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

Difference in imports from United Kingdom (Flag) and Bhutan (Flag) (2023)

Comparative Advantage Bhutan - United Kingdom

Flow
Scale

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

During 2023, Bhutan had a large net trade with United Kingdom in the exports of Machines ($495k), Arts and Antiques ($112k), and Miscellaneous ($33.2k).

During 2018, United Kingdom had a large net trade with Bhutan in the exports of Foodstuffs ($1.94M), Chemical Products ($104k), and Animal Products ($93.9k).

Economic Complexity

Competitive Landscape

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

Product Space of Bhutan (Flag) and United Kingdom (Flag) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms