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Pricing

2022
Flag → Flag
Exports $1.91MRnk 203 / 224
2022
Flag → Flag
Top Product $863kHard Liquor
2022
Flag → Flag
Exports $6.26kRnk 16 / 73
2022
Flag → Flag
Top Product $109kAudio Alarms
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag  
GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC $45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

United Kingdom-Bhutan Trade: In 2022, United Kingdom exported $1.91M to Bhutan. The main products that United Kingdom exported to Bhutan were Hard Liquor ($863k), Radio Receivers ($50.3k), and Micro-Organism Culture Preparations ($30.3k). Over the past 5 years the exports of United Kingdom to Bhutan have decreased at an annualized rate of 11.2%, from $3.46M in 2017 to $1.91M in 2022.

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

Bhutan-United Kingdom Trade: In 2022, Bhutan exported $6.26k to United Kingdom. The main products that Bhutan exported to United Kingdom were Audio Alarms ($109k), Packaged Medicaments ($18.9k), and Broadcasting Equipment ($17k). Over the past 5 years the exports of Bhutan to United Kingdom have decreased at an annualized rate of 60.2%,  from $626k in 2017 to $6.26k 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.

Latest Trends

April, 2024

About

Overview In April 2024, United Kingdom exported £363k and imported £4.34k from Bhutan, resulting in a positive trade balance of £359k. Between April 2023 and April 2024 the exports of United Kingdom have increased by £264k (265%) from £99.3k to £363k, while imports decreased by £-5.86k (-57.5%) from £10.2k to £4.34k.

Trade In April 2024, the top exports of United Kingdom to Bhutan were Hard Liquor (£137k), Micro-Organism Culture Preparations (£2.99k), Commodities not elsewhere specified (£1.38k), and Excavation Machinery (£959). In April 2024 the top imports of United Kingdom from Bhutan were Commodities not elsewhere specified (£1.21k) and Fishing and Hunting Equipment (£917).

Origins In April 2024 the exports of United Kingdom were mainly from London Heathrow Airport (£54k) and East Midlands Airport (£10.5k), while imports destinations were mainly East Midlands Airport (£1.28k).

Growth In April 2024, the increase in United Kingdom's year-by-year exports to Bhutan was explained primarily by an increase in product exports in . In April 2024, the decrease in United Kingdom's year-by-year imports  from Bhutan was explained primarily by an decrease in product imports  in Commodities not elsewhere specified (£-520 or -30.1%) and Fishing and Hunting Equipment (£-438 or -32.3%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (April 2023 - April 2024)£264k(265%)
IMPORT GROWTH (April 2023 - April 2024)£-5.86k(-57.5%)
MAIN EXPORTER (April 2024)London Heathrow Airport£54k

This section shows exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United Kingdom over time.

To check Bhutan and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Bhutan and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $1.91M 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 5 years the exports of United Kingdom to Bhutan have decreased at an annualized rate of 11.2%, from $3.46M in 2017 to $1.91M in 2022.

In 2017, Bhutan exported $6.26k 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 22 years the exports of Bhutan to United Kingdom have decreased at an annualized rate of 60.2%, from $626k in 1995 to $6.26k in 2017.

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

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

Market Competitiveness

Color
United Kingdom
Top DestinationN/AN/A
Bhutan
Top DestinationN/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 2017, Bhutan had a large net trade with United Kingdom in the exports of Machines ($127k), Chemical Products ($23.6k), and Wood Products ($8.37k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Bhutan+N/AN/A
Top Product Potential Bhutan United Kingdom+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

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

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