Bhutan (BTN) and Nepal (NPL) Trade | The Observatory of Economic Complexity

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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 22.2%, 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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 22.2%, from $538k in 2022 to $3.99M in 2017.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

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 () and Bhutan () (2022)

Comparative Advantage Bhutan - Nepal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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).

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 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.

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Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Bhutan - Nepal

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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