2023
Flag
 GDP
$34BCURRENT US$
Rnk 105 / 195
2013-2023
Flag
GDP GROWTH
54.7%CURRENT US$
Rnk 65 / 195
2023
Flag
GDP PC
$5,391CURRENT US$
Rnk 120 / 196
2013-2023
Flag
GDP PC GROWTH
50.5%CURRENT US$
Rnk 47 / 195

About

Bhutan-El Salvador Trade: In 2023, Bhutan exported $1.13k to El Salvador. The main products that Bhutan exported to El Salvador were Refrigerators ($969) and Plastic Pipes ($164). Over the past 6 years the exports of Bhutan to El Salvador have decreased at an annualized rate of 32.3%, from $11.8k in 2017 to $1.13k in 2023.

In 2023, Bhutan did not export any services to El Salvador.

El Salvador-Bhutan In N/A, El Salvador did not export any products to Bhutan.

In 2023, El Salvador did not export any services to Bhutan.

Comparison In 2023,  Bhutan ranked 170 in total exports ($456M), and does not have data regarding Economic Complexity Index. That same year, El Salvador ranked 63 in the Economic Complexity Index (ECI 0.0012), and 118 in total exports ($6.76B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bhutan exported $1.13k to El Salvador. The main products exported from Bhutan to El Salvador were Refrigerators ($969) and Plastic Pipes ($164). During the last 6 years the exports of Bhutan to El Salvador have decreased at an annualized rate of 32.3%, from $11.8k in 2017 to $1.13k in 2023.

El Salvador does not register exports to Bhutan.

Exports from Bhutan (Flag) to El Salvador (Flag) (2023)

Exports from El Salvador (Flag) to Bhutan (Flag) (2023)

Market Competitiveness

Color
Bhutan
Top Destination
India$421M
El Salvador
Top Destination
United States$2.41B

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

In 2023, countries that imported more from Bhutan than El Salvador included India ($421M), Indonesia ($2.9M), and Slovenia ($867k).

In 2023, countries that imported more from El Salvador than Bhutan included United States ($2.41B), Guatemala ($1.15B), and Honduras ($1.03B).

Difference in imports from El Salvador (Flag) and Bhutan (Flag) (2023)

Comparative Advantage Bhutan - El Salvador

Flow
Scale

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

During 2023, Bhutan had a large net trade with El Salvador in the exports of Machines ($969) and Plastics and Rubbers ($164).

Economic Complexity

Competitive Landscape

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

Product Space of Bhutan (Flag) and El Salvador (Flag) (2023)

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