2022
Flag
 GDP
$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH
-3.33%CURRENT US$
Rnk 168 / 186
2022
Flag
GDP PC
$4,911CURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP PC GROWTH
-18.4%CURRENT US$
Rnk 170 / 186

About

Bhutan-Namibia Trade: In 2022, Bhutan exported $2.19k to Namibia. The main products that Bhutan exported to Namibia were Vaccines, blood, antisera, toxins and cultures ($1.64k) and House Linens ($552). Over the past 5 years the exports of Bhutan to Namibia have increased at an annualized rate of 81.5%, from $111 in 2017 to $2.19k in 2022.

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

Namibia-Bhutan Trade: In 2022, Namibia exported $250 to Bhutan. The main products that Namibia exported to Bhutan were N/A. Over the past 5 years the exports of Namibia to Bhutan have decreased at an annualized rate of 50%,  from $7.98k in 2017 to $250 in 2022.

In 2022, Namibia 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, Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bhutan exported $2.19k to Namibia. The main products exported from Bhutan to Namibia were Vaccines, blood, antisera, toxins and cultures ($1.64k) and House Linens ($552). During the last 5 years the exports of Bhutan to Namibia have increased at an annualized rate of 81.5%, from $111 in 2017 to $2.19k in 2022.

In 2014, Namibia exported $250 to Bhutan. There were not main exports from Namibia to Bhutan in 2014. During the last 5 years the exports of Namibia to Bhutan have decreased at an annualized rate of 50%, from $7.98k in 2019 to $250 in 2014.

Exports from Bhutan (Flag) to Namibia (Flag) (2022)

Exports from Namibia (Flag) to Bhutan (Flag) (2022)

Market Competitiveness

Color
Bhutan
Top Destination
India$343M
Namibia
Top Destination
South Africa$1.75B

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

In 2022, countries that imported more from Bhutan than Namibia included India ($343M), Colombia ($7.42M), and Nepal ($7.44M).

In 2022, countries that imported more from Namibia than Bhutan included South Africa ($1.75B), Botswana ($672M), and China ($628M).

Difference in imports from Namibia (Flag) and Bhutan (Flag) (2022)

Comparative Advantage Bhutan - Namibia

Flow
Scale

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

During 2022, Bhutan had a large net trade with Namibia in the exports of Chemical Products ($1.64k) and Textiles ($552).

During 2014, Namibia had a large net trade with Bhutan in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Bhutan (Flag) and Namibia (Flag) (2022)

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