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2023
Flag → Flag
Exports $8.48MRnk 158 / 213
2023
Flag → Flag
Top Product $6.65MOther Electrical Machinery
2023
Flag → Flag
Exports $2.9MRnk 3 / 77
2023
Flag → Flag
Top Product $2.89MFerroalloys
2023
Flag
Economic Complexity (ECI) ECI -0.085Rnk 65 / 132
2023
Flag  
GDP$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 75 / 195
2023
Flag
GDP PC $4,876CURRENT US$
Rnk 123 / 195
2013-2023
Flag
GDP PC GROWTH36.7%CURRENT US$
Rnk 66 / 195

About

Indonesia-Bhutan Trade: In 2023, Indonesia exported $8.48M to Bhutan. The main products that Indonesia exported to Bhutan were Other Electrical Machinery ($6.65M), Insulated Wire ($1.79M), and Other Nuts ($13.5k). Over the past 5 years the exports of Indonesia to Bhutan have increased at an annualized rate of 49%, from $1.16M in 2018 to $8.48M in 2023.

In 2023, Indonesia did not export any services to Bhutan.

Bhutan-Indonesia Trade: In 2023, Bhutan exported $2.9M to Indonesia. The main products that Bhutan exported to Indonesia were Ferroalloys ($2.89M), Valves ($7.9k), and Liquid Pumps ($569). Over the past 5 years the exports of Bhutan to Indonesia have increased at an annualized rate of 217%,  from $9.1k in 2018 to $2.9M in 2023.

In 2023, Bhutan did not export any services to Indonesia.

Comparison In 2023,  Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085),  and 27 in total exports ($299B). 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

In 2023, Indonesia exported $8.48M to Bhutan. The main products exported from Indonesia to Bhutan were Other Electrical Machinery ($6.65M), Insulated Wire ($1.79M), and Other Nuts ($13.5k). During the last 5 years the exports of Indonesia to Bhutan have increased at an annualized rate of 49%, from $1.16M in 2018 to $8.48M in 2023.

In 2018, Bhutan exported $2.9M to Indonesia. The main products exported from Bhutan to Indonesia were Ferroalloys ($2.89M), Valves ($7.9k), and Liquid Pumps ($569). During the last 5 years the exports of Bhutan to Indonesia have increased at an annualized rate of 217%, from $9.1k in 2023 to $2.9M in 2018.

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

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

Latest Data

Trade between Indonesia (Flag) and Bhutan (Flag)

Indonesia Exports

Market Competitiveness

Color
Indonesia
Top DestinationChina$70.7B
Bhutan
Top DestinationIndia$421M

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

In 2023, countries that imported more from Indonesia than Bhutan included China ($70.7B), United States ($27.9B), and Japan ($23.7B).

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

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

Comparative Advantage Indonesia - Bhutan

Flow
Scale

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

During 2023, Indonesia had a large net trade with Bhutan in the exports of Machines ($8.44M), Vegetable Products ($13.5k), and Stone And Glass ($11.4k).

During 2018, Bhutan had a large net trade with Indonesia in the exports of Metals ($2.89M), Machines ($9.45k), and Textiles ($154).

Economic Complexity

Competitive Landscape

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

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

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