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2022
Flag → Flag
Exports $7.44MRnk 3 / 73
2022
Flag → Flag
Top Product $7.36MGypsum
2022
Flag → Flag
Exports $3.99MRnk 22 / 149
2022
Flag → Flag
Top Product $3.38MSlag Dross
2022
Flag
 GDP$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH88.1%CURRENT US$
Rnk 21 / 186
2022
Flag
GDP PC$1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH68.3%CURRENT US$
Rnk 18 / 186

About

Bhutan-Nepal Trade: In 2022, Bhutan exported $7.44M to Nepal. The main products that Bhutan exported to Nepal were Gypsum ($7.36M), Liquid Pumps ($35.5k), and Surveying Equipment ($22.5k). Over the past 5 years the exports of Bhutan to Nepal have increased at an annualized rate of 0.64%, from $7.2M in 2017 to $7.44M in 2022.

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

Nepal-Bhutan Trade: In 2022, Nepal exported $3.99M to Bhutan. The main products that Nepal exported to Bhutan were Slag Dross ($3.38M), Non-Knit Women's Suits ($141k), and Iron Structures ($129k). Over the past 5 years the exports of Nepal to Bhutan have increased at an annualized rate of 33.1%,  from $538k in 2017 to $3.99M in 2022.

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

Comparison In 2022,  Bhutan ranked 177 in total exports ($392M). That same year, Nepal ranked 153 in total exports ($1.43B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bhutan exported $7.44M to Nepal. The main products exported from Bhutan to Nepal were Gypsum ($7.36M), Liquid Pumps ($35.5k), and Surveying Equipment ($22.5k). During the last 5 years the exports of Bhutan to Nepal have increased at an annualized rate of 0.64%, from $7.2M in 2017 to $7.44M in 2022.

In 2017, Nepal exported $3.99M to Bhutan. The main products exported from Nepal to Bhutan were Slag Dross ($3.38M), Non-Knit Women's Suits ($141k), and Iron Structures ($129k). During the last 5 years the exports of Nepal to Bhutan have increased at an annualized rate of 33.1%, from $538k in 2022 to $3.99M in 2017.

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

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

Market Competitiveness

Color
Bhutan
Top DestinationIndia$343M
Nepal
Top DestinationIndia$956M

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

In 2022, countries that imported more from Bhutan than Nepal included Colombia ($7.42M), Italy ($18.5M), and Indonesia ($1.51M).

In 2022, countries that imported more from Nepal than Bhutan included India ($956M), United States ($152M), and Germany ($43M).

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

Comparative Advantage Bhutan - Nepal

Flow
Scale

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

During 2022, Bhutan had a large net trade with Nepal in the exports of Mineral Products ($7.36M), Machines ($35.5k), and Instruments ($22.5k).

During 2017, Nepal had a large net trade with Bhutan in the exports of Mineral Products ($3.38M), Metals ($184k), and Textiles ($149k).

Economic Complexity

Competitive Landscape

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

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

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