Bhutan (BTN) and Indonesia (IDN) Trade | The Observatory of Economic Complexity

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Bhutan-Indonesia Trade: In 2022, Bhutan exported $1.51M to Indonesia. The main products that Bhutan exported to Indonesia were Ferroalloys ($1.51M), Perfume Plants ($516), and Insulated Wire ($19). Over the past 5 years the exports of Bhutan to Indonesia have increased at an annualized rate of 320%, from $1.16k in 2017 to $1.51M in 2022.

In 2022, Bhutan did not export any services to Indonesia.

Indonesia-Bhutan Trade: In 2022, Indonesia exported $67.5M to Bhutan. The main products that Indonesia exported to Bhutan were Other Electrical Machinery ($66.1M), Insulated Wire ($1.3M), and Bicycles, delivery tricycles, other cycles ($52.7k). Over the past 5 years the exports of Indonesia to Bhutan have increased at an annualized rate of 151%, from $673k in 2017 to $67.5M in 2022.

In 2022, Indonesia 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, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bhutan exported $1.51M to Indonesia. The main products exported from Bhutan to Indonesia were Ferroalloys ($1.51M), Perfume Plants ($516), and Insulated Wire ($19). During the last 22 years the exports of Bhutan to Indonesia have increased at an annualized rate of 10.8%, from $1.74k in 1998 to $1.51M in 2022.

In 2017, Indonesia exported $67.5M to Bhutan. The main products exported from Indonesia to Bhutan were Other Electrical Machinery ($66.1M), Insulated Wire ($1.3M), and Bicycles, delivery tricycles, other cycles ($52.7k). During the last 5 years the exports of Indonesia to Bhutan have increased at an annualized rate of 473%, from $360 in 2013 to $67.5M in 2017.

Exports from Bhutan () to Indonesia () (2022)

Exports from Indonesia () to Bhutan () (2022)

Latest Data

Trade between Bhutan () and Indonesia ()

Indonesia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bhutan
Top DestinationN/AN/A

Indonesia
Top DestinationN/AN/A

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

N/A

Difference in imports from Indonesia () and Bhutan () (2022)

Comparative Advantage Bhutan - Indonesia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bhutan had a large net trade with Indonesia in the exports of Metals ($1.51M), Vegetable Products ($516), and Machines ($19).

During 2017, Indonesia had a large net trade with Bhutan in the exports of Machines ($67.4M), Transportation ($54.5k), and Footwear and Headwear ($1.73k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Bhutan () to Indonesia () (2022)

Exports from Indonesia () to Bhutan () (2022)

Latest Data

Trade between Bhutan () and Indonesia ()

Indonesia Exports

Market Competitiveness

Difference in imports from Indonesia () and Bhutan () (2022)

Comparative Advantage Bhutan - Indonesia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bhutan () and Indonesia () (2022)

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