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2022
Flag → Flag
Exports $11.8kRnk 33 / 73
2022
Flag → Flag
Top Product $6.25kHard Liquor
2022
Flag → Flag
Exports $8.33kRnk 209 / 210
2022
Flag → Flag
Top Product $6.15kThermostats
2022
Flag
Economic Complexity (ECI) ECI 1.94Rnk 3 / 133

About

Bhutan-Chinese Taipei Trade: In 2022, Bhutan exported $11.8k to Chinese Taipei. The main products that Bhutan exported to Chinese Taipei were Hard Liquor ($6.25k), Shaving Products ($5.47k), and Soap ($34). Over the past 5 years the exports of Bhutan to Chinese Taipei have decreased at an annualized rate of 3.63%, from $14.1k in 2017 to $11.8k in 2022.

In 2022, Bhutan did not export any services to Chinese Taipei.

Chinese Taipei-Bhutan Trade: In 2022, Chinese Taipei exported $8.33k to Bhutan. The main products that Chinese Taipei exported to Bhutan were Thermostats ($6.15k) and Gas and Liquid Flow Measuring Instruments ($2.18k). Over the past 5 years the exports of Chinese Taipei to Bhutan have decreased at an annualized rate of 36.5%,  from $127k in 2017 to $8.33k in 2022.

In 2022, Chinese Taipei 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, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bhutan exported $11.8k to Chinese Taipei. The main products exported from Bhutan to Chinese Taipei were Hard Liquor ($6.25k), Shaving Products ($5.47k), and Soap ($34). During the last 5 years the exports of Bhutan to Chinese Taipei have decreased at an annualized rate of 3.63%, from $14.1k in 2017 to $11.8k in 2022.

In 2017, Chinese Taipei exported $8.33k to Bhutan. The main products exported from Chinese Taipei to Bhutan were Thermostats ($6.15k) and Gas and Liquid Flow Measuring Instruments ($2.18k). During the last 5 years the exports of Chinese Taipei to Bhutan have decreased at an annualized rate of 36.5%, from $127k in 2022 to $8.33k in 2017.

Exports from Bhutan (Flag) to Chinese Taipei (Flag) (2022)

Exports from Chinese Taipei (Flag) to Bhutan (Flag) (2022)

Market Competitiveness

Color
Bhutan
Top DestinationN/AN/A
Chinese Taipei
Top DestinationN/AN/A

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

N/A

N/A

Difference in imports from Chinese Taipei (Flag) and Bhutan (Flag) (2022)

Comparative Advantage Bhutan - Chinese Taipei

Flow
Scale

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

During 2022, Bhutan had a large net trade with Chinese Taipei in the exports of Foodstuffs ($6.25k) and Chemical Products ($5.51k).

During 2017, Chinese Taipei had a large net trade with Bhutan in the exports of Instruments ($8.33k).

Economic Complexity

Competitive Landscape

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

Product Space of Bhutan (Flag) and Chinese Taipei (Flag) (2022)

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