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2023
Flag → Flag
Exports $28.6kRnk 26 / 77
2023
Flag → Flag
Top Product $11.1kBase Metal Watches
2023
Flag → Flag
Exports $5.14MRnk 150 / 198
2023
Flag → Flag
Top Product $3.79MBroadcasting Equipment
2023
Flag
Economic Complexity (ECI) ECI 1.12Rnk 23 / 132
2023
Flag
 GDP$381BCURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP GROWTH38.1%CURRENT US$
Rnk 97 / 195
2023
Flag
GDP PC$50,532CURRENT US$
Rnk 25 / 196
2013-2023
Flag
GDP PC GROWTH31.6%CURRENT US$
Rnk 75 / 195

About

Bhutan-Hong Kong Trade: In 2023, Bhutan exported $28.6k to Hong Kong. The main products that Bhutan exported to Hong Kong were Base Metal Watches ($11.1k), Imitation Jewellery ($8.4k), and Beauty Products ($6.01k). Over the past 7 years the exports of Bhutan to Hong Kong have decreased at an annualized rate of 11.1%, from $64.9k in 2016 to $28.6k in 2023.

In 2023, Bhutan did not export any services to Hong Kong.

Hong Kong-Bhutan Trade: In 2023, Hong Kong exported $5.14M to Bhutan. The main products that Hong Kong exported to Bhutan were Broadcasting Equipment ($3.79M), Computers ($441k), and Office Machine Parts ($289k). Over the past 7 years the exports of Hong Kong to Bhutan have increased at an annualized rate of 30%,  from $1.39M in 2016 to $5.14M in 2023.

In 2023, Hong Kong 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, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bhutan exported $28.6k to Hong Kong. The main products exported from Bhutan to Hong Kong were Base Metal Watches ($11.1k), Imitation Jewellery ($8.4k), and Beauty Products ($6.01k). During the last 7 years the exports of Bhutan to Hong Kong have decreased at an annualized rate of 11.1%, from $64.9k in 2016 to $28.6k in 2023.

In 2018, Hong Kong exported $5.14M to Bhutan. The main products exported from Hong Kong to Bhutan were Broadcasting Equipment ($3.79M), Computers ($441k), and Office Machine Parts ($289k). During the last 5 years the exports of Hong Kong to Bhutan have increased at an annualized rate of 30%, from $1.39M in 2023 to $5.14M in 2018.

Exports from Bhutan (Flag) to Hong Kong (Flag) (2023)

Exports from Hong Kong (Flag) to Bhutan (Flag) (2023)

Latest Data

Trade between Bhutan (Flag) and Hong Kong (Flag)

Hong Kong Exports

Market Competitiveness

Color
Bhutan
Top DestinationIndia$421M
Hong Kong
Top DestinationChina$25.3B

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

In 2023, no countries were registered that imported more from Bhutan than from Hong Kong.

In 2023, countries that imported more from Hong Kong than Bhutan included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

Difference in imports from Hong Kong (Flag) and Bhutan (Flag) (2023)

Comparative Advantage Bhutan - Hong Kong

Flow
Scale

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

During 2023, Bhutan had a large net trade with Hong Kong in the exports of Instruments ($11.1k), Precious Metals ($8.4k), and Chemical Products ($6.98k).

During 2018, Hong Kong had a large net trade with Bhutan in the exports of Machines ($4.64M), Textiles ($172k), and Instruments ($133k).

Economic Complexity

Competitive Landscape

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

Product Space of Bhutan (Flag) and Hong Kong (Flag) (2023)

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