2022
Flag  
GDP
$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC 
$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH
7.92%CURRENT US$
Rnk 122 / 186

About

United Kingdom-Bhutan In 2022, United Kingdom exported $1.24M to Bhutan. The main products that United Kingdom exported to Bhutan are Hard Liquor ($863k), Radio Receivers ($50.3k), and Micro-Organism Culture Preparations ($30.3k). During the last 27 years the exports of United Kingdom to Bhutan have decreased at an annualized rate of 3.74%, from $3.46M in 1995 to $1.24M in 2022.

In 2022, United Kingdom did not export any services to Bhutan.

Bhutan-United Kingdom In 2022, Bhutan exported $169k to United Kingdom. The main products that Bhutan exported to United Kingdom were Audio Alarms ($109k), Packaged Medicaments ($18.9k), and Broadcasting Equipment ($17k). During the last 27 years the exports of Bhutan to United Kingdom have decreased at an annualized rate of 4.74%, from $626k in 1995 to $169k in 2022.

In 2022, Bhutan did not export any services to United Kingdom.

Comparison In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42),  and 14 in total exports ($469B). That same year, Bhutan ranked 177 in total exports ($392M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $1.24M to Bhutan. The main products exported from United Kingdom to Bhutan were Hard Liquor ($863k), Radio Receivers ($50.3k), and Micro-Organism Culture Preparations ($30.3k). During the last 27 years the exports of United Kingdom to Bhutan have decreased at an annualized rate of 3.74%, from $3.46M in 1995 to $1.24M in 2022.

In 2022, Bhutan exported $169k to United Kingdom. The main products exported from Bhutan to United Kingdom were Audio Alarms ($109k), Packaged Medicaments ($18.9k), and Broadcasting Equipment ($17k). During the last 27 years the exports of Bhutan to United Kingdom have decreased at an annualized rate of 4.74%, from $626k in 1995 to $169k in 2022.

Exports from United Kingdom (Flag) to Bhutan (Flag) (2022)

Exports from Bhutan (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top Destination
N/AN/A
Bhutan
Top Destination
N/AN/A

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

N/A

N/A

Difference in imports from Bhutan (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Bhutan

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Bhutan in the exports of Foodstuffs ($864k), Machines ($101k), and Textiles ($80.7k).

During 2022, Bhutan had a large net trade with United Kingdom in the exports of Machines ($127k), Chemical Products ($23.6k), and Wood Products ($8.37k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more United Kingdom has comparative advantage over Bhutan. Similarly, the more yellow a dot/product is, the more Bhutan has comparative advantage over United Kingdom.

Product Space of United Kingdom (Flag) and Bhutan (Flag) (2022)

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