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2022
Flag → Flag
Exports $169kRnk 16 / 73
2022
Flag → Flag
Top Product $109kAudio Alarms
2022
Flag → Flag
Exports $1.24MRnk 203 / 224
2022
Flag → Flag
Top Product $863kHard Liquor
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag
 GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

Bhutan-United Kingdom Trade: In 2022, Bhutan exported $169k to United Kingdom. The main products that Bhutan exported to United Kingdom were Audio Alarms ($109k), Packaged Medicaments ($18.9k), and Broadcasting Equipment ($17k). Over the past 5 years the exports of Bhutan to United Kingdom have increased at an annualized rate of 93.3%, from $6.26k in 2017 to $169k in 2022.

In 2022, Bhutan did not export any services to United Kingdom.

United Kingdom-Bhutan Trade: In 2022, United Kingdom exported $1.24M to Bhutan. The main products that United Kingdom exported to Bhutan were Hard Liquor ($863k), Radio Receivers ($50.3k), and Micro-Organism Culture Preparations ($30.3k). Over the past 5 years the exports of United Kingdom to Bhutan have decreased at an annualized rate of 8.28%,  from $1.91M in 2017 to $1.24M in 2022.

In 2022, United Kingdom 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, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bhutan exported $169k to United Kingdom. The main products exported from Bhutan to United Kingdom were Audio Alarms ($109k), Packaged Medicaments ($18.9k), and Broadcasting Equipment ($17k). During the last 5 years the exports of Bhutan to United Kingdom have increased at an annualized rate of 93.3%, from $6.26k in 2017 to $169k in 2022.

In 2017, United Kingdom exported $1.24M to Bhutan. The main products exported from United Kingdom to Bhutan were Hard Liquor ($863k), Radio Receivers ($50.3k), and Micro-Organism Culture Preparations ($30.3k). During the last 5 years the exports of United Kingdom to Bhutan have decreased at an annualized rate of 8.28%, from $1.91M in 2022 to $1.24M in 2017.

Exports from Bhutan (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Bhutan (Flag) (2022)

Latest Data

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

United Kingdom Exports

Market Competitiveness

Color
Bhutan
Top DestinationN/AN/A
United Kingdom
Top DestinationN/AN/A

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.

N/A

N/A

Difference in imports from United Kingdom (Flag) and Bhutan (Flag) (2022)

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 2022, Bhutan had a large net trade with United Kingdom in the exports of Machines ($127k), Chemical Products ($23.6k), and Wood Products ($8.37k).

During 2017, United Kingdom had a large net trade with Bhutan in the exports of Foodstuffs ($864k), Machines ($101k), and Textiles ($80.7k).

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) (2022)

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