2023
Flag  
GDP
$363BCURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP GROWTH
-4.87%CURRENT US$
Rnk 176 / 195
2023
Flag
GDP PC 
$6,947CURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP PC GROWTH
-16.1%CURRENT US$
Rnk 173 / 195

About

In N/A, Colombia did not export any services to Bhutan.

Bhutan-Colombia Trade: In N/A, Bhutan exported $36.3k to Colombia. The main products that Bhutan exported to Colombia were Shaped Paper ($24.8k), Broadcasting Equipment ($6.98k), and Computers ($3.51k). Over the past N/A years the exports of Bhutan to Colombia have increased at an annualized rate of 8.47%,  from $22.3k in N/A to $36.3k in N/A.

In N/A, Bhutan did not export any services to Colombia.

Comparison In 2023,  Colombia ranked 51 in the Economic Complexity Index (ECI 0.23),  and 54 in total exports ($54.8B). That same year, Bhutan ranked 170 in total exports ($456M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Colombia does not register exports to Bhutan.

In 2018, Bhutan exported $36.3k to Colombia. The main products exported from Bhutan to Colombia were Shaped Paper ($24.8k), Broadcasting Equipment ($6.98k), and Computers ($3.51k). During the last 5 years the exports of Bhutan to Colombia have increased at an annualized rate of 8.47%, from $22.3k in 2023 to $36.3k in 2018.

Exports from Colombia (Flag) to Bhutan (Flag) (2023)

Exports from Bhutan (Flag) to Colombia (Flag) (2023)

Market Competitiveness

Color
Colombia
Top Destination
United States$14.8B
Bhutan
Top Destination
India$421M

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

In 2023, countries that imported more from Colombia than Bhutan included United States ($14.8B), Panama ($4.66B), and China ($2.5B).

In 2023, countries that imported more from Bhutan than Colombia included Eswatini ($1.02k) and Niger ($72).

Difference in imports from Bhutan (Flag) and Colombia (Flag) (2023)

Comparative Advantage Colombia - Bhutan

Flow
Scale

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

During 2018, Bhutan had a large net trade with Colombia in the exports of Paper Goods ($24.8k) and Machines ($11.6k).

Economic Complexity

Competitive Landscape

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

Product Space of Colombia (Flag) and Bhutan (Flag) (2023)

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