Flag Bhutan / Japan Flag

2021
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Exports
: $306k, Rnk 10 / 66

2021
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Top Product
: $246k, Other Vegetables

2021
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Exports
: $7.31M, Rnk 179 / 211

2021
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Top Product
: $1.93M, Cars

2021
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Economic Complexity (ECI)
: ECI 2.06, Rnk 1 / 131

2021
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 GDP
: $4.94T, CURRENT US$
Rnk 3 / 182

2011-2021
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GDP GROWTH
: -20.8%, CURRENT US$
Rnk 173 / 182

2021
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GDP PC
: $39,285, CURRENT US$
Rnk 26 / 182

2011-2021
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GDP PC GROWTH
: -19.4%, CURRENT US$
Rnk 161 / 182

Bhutan-Japan In 2021, Bhutan exported $306k to Japan. The main products that Bhutan exported to Japan are Other Vegetables ($246k), Sowing Seeds ($28.8k), and Collector's Items ($10.7k). During the last 26 years the exports of Bhutan to Japan have decreased at an annualized rate of 4.23%, from $941k in 1995 to $306k in 2021.

In 2021, Bhutan did not export any services to Japan.

Japan-Bhutan In 2021, Japan exported $7.31M to Bhutan. The main products that Japan exported to Bhutan were Cars ($1.93M), Delivery Trucks ($1.57M), and Soil Preparation Machinery ($842k). During the last 26 years the exports of Japan to Bhutan have decreased at an annualized rate of 0.16%, from $7.63M in 1995 to $7.31M in 2021.

In 2021, Japan did not export any services to Bhutan.

Comparison In 2021,  Bhutan ranked 172 in total exports ($345M), and does not have data regarding Economic Complexity Index. That same year, Japan ranked 1 in the Economic Complexity Index (ECI 2.06), and 4 in total exports ($731B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Bhutan exported $306k to Japan. The main products exported from Bhutan to Japan were Other Vegetables ($246k), Sowing Seeds ($28.8k), and Collector's Items ($10.7k). During the last 26 years the exports of Bhutan to Japan have decreased at an annualized rate of 4.23%, from $941k in 1995 to $306k in 2021.

In 2021, Japan exported $7.31M to Bhutan. The main products exported from Japan to Bhutan were Cars ($1.93M), Delivery Trucks ($1.57M), and Soil Preparation Machinery ($842k). During the last 26 years the exports of Japan to Bhutan have decreased at an annualized rate of 0.16%, from $7.63M in 1995 to $7.31M in 2021.

Market Competitiveness

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Color

Bhutan
Top Destination
: India, $322M

Japan
Top Destination
: China, $153B

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

In 2019, no countries were registered that imported more from Bhutan than from Japan.

In 2021, countries that imported more from Japan than Bhutan were China ($153B), United States ($128B), and Chinese Taipei ($52.5B).

Comparative Advantage Bhutan - Japan

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Flow
Scale

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

During 2021, Bhutan had a large net trade with Japan in the exports of Vegetable Products ($283k), Arts and Antiques ($10.7k), and Machines ($6.7k).

During 2021, Japan had a large net trade with Bhutan in the exports of Transportation ($3.82M), Machines ($2.05M), and Precious Metals ($806k).

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Bhutan has comparative advantage over Japan. Similarly, the more yellow a dot/product is, the more Japan has comparative advantage over Bhutan.