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2023
Flag → Flag
Exports $963kRnk 8 / 77
2023
Flag → Flag
Top Product $551kFerroalloys
2023
Flag → Flag
Exports $3.37MRnk 202 / 220
2023
Flag → Flag
Top Product $662kNavigation Equipment
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag
 GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
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GDP PC$82,769CURRENT US$
Rnk 9 / 196
2013-2023
Flag
GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195

About

Bhutan-United States Trade: In 2023, Bhutan exported $963k to United States. The main products that Bhutan exported to United States were Ferroalloys ($551k), Machinery Having Individual Functions ($197k), and Cellulose ($57.8k). Over the past 5 years the exports of Bhutan to United States have increased at an annualized rate of 3.89%, from $796k in 2018 to $963k in 2023.

In 2023, Bhutan did not export any services to United States.

United States-Bhutan Trade: In 2023, United States exported $3.37M to Bhutan. The main products that United States exported to Bhutan were Navigation Equipment ($662k), Sports Equipment ($604k), and Medical Instruments ($387k). Over the past 5 years the exports of United States to Bhutan have increased at an annualized rate of 0.19%,  from $3.33M in 2018 to $3.37M in 2023.

In 2023, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bhutan exported $963k to United States. The main products exported from Bhutan to United States were Ferroalloys ($551k), Machinery Having Individual Functions ($197k), and Cellulose ($57.8k). During the last 5 years the exports of Bhutan to United States have increased at an annualized rate of 3.89%, from $796k in 2018 to $963k in 2023.

In 2018, United States exported $3.37M to Bhutan. The main products exported from United States to Bhutan were Navigation Equipment ($662k), Sports Equipment ($604k), and Medical Instruments ($387k). During the last 5 years the exports of United States to Bhutan have increased at an annualized rate of 0.19%, from $3.33M in 2023 to $3.37M in 2018.

Exports from Bhutan (Flag) to United States (Flag) (2023)

Exports from United States (Flag) to Bhutan (Flag) (2023)

Latest Data

Trade between Bhutan (Flag) and United States (Flag)

United States Exports

Market Competitiveness

Color
Bhutan
Top DestinationIndia$421M
United States
Top DestinationCanada$269B

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

In 2023, no countries were registered that imported more from Bhutan than from United States.

In 2023, countries that imported more from United States than Bhutan included Canada ($269B), Mexico ($243B), and China ($154B).

Difference in imports from United States (Flag) and Bhutan (Flag) (2023)

Comparative Advantage Bhutan - United States

Flow
Scale

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

During 2023, Bhutan had a large net trade with United States in the exports of Metals ($551k), Machines ($220k), and Arts and Antiques ($61.7k).

During 2018, United States had a large net trade with Bhutan in the exports of Machines ($1.34M), Instruments ($721k), and Miscellaneous ($612k).

Economic Complexity

Competitive Landscape

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

Product Space of Bhutan (Flag) and United States (Flag) (2023)

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