Flag Japan / Bhutan Flag

2020
FlagFlag
Exports
: $2.99M, Rnk 195 / 213

2020
FlagFlag
Top Product
: $1.08M, Cars

2020
FlagFlag
Exports
: $542k, Rnk 5 / 63

2020
FlagFlag
Top Product
: $292k, Perfume Plants

2020
Flag
Economic Complexity (ECI)
: ECI 2.19, Rnk 1 / 127

2020
Flag  
GDP
: $5.04T, CURRENT US$
Rnk 3 / 204

2010-2020
Flag
GDP GROWTH
: -12.5%, CURRENT US$
Rnk 188 / 204

2020
Flag
 GDP
: $2.32B, CURRENT US$
Rnk 176 / 204

2010-2020
Flag
GDP GROWTH
: 49.6%, CURRENT US$
Rnk 59 / 204

2020
Flag
GDP PC 
: $39,918, CURRENT US$
Rnk 28 / 204

2010-2020
Flag
GDP PC GROWTH
: -11.2%, CURRENT US$
Rnk 170 / 204

2020
Flag
GDP PC
: $3,001, CURRENT US$
Rnk 146 / 204

2010-2020
Flag
GDP PC GROWTH
: 32.9%, CURRENT US$
Rnk 54 / 204

Japan-Bhutan In 2020, Japan exported $2.99M to Bhutan. The main products that Japan exported to Bhutan are Cars ($1.08M), Buses ($674k), and Delivery Trucks ($299k). During the last 25 years the exports of Japan to Bhutan have decreased at an annualized rate of 3.68%, from $7.63M in 1995 to $2.99M in 2020.

In 2020, Japan did not export any services to Bhutan.

Bhutan-Japan In 2020, Bhutan exported $542k to Japan. The main products that Bhutan exported to Japan were Perfume Plants ($292k), Other Vegetables ($206k), and Sowing Seeds ($21k). During the last 25 years the exports of Bhutan to Japan have decreased at an annualized rate of 2.18%, from $941k in 1995 to $542k in 2020.

In 2020, Bhutan did not export any services to Japan.

Comparison In 2020,  Japan ranked 1 in the Economic Complexity Index (ECI 2.19),  and 4 in total exports ($623B). That same year, Bhutan ranked 178 in total exports ($183M), and does not have data regarding Economic Complexity Index.

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2020, Japan exported $2.99M to Bhutan. The main products exported from Japan to Bhutan were Cars ($1.08M), Buses ($674k), and Delivery Trucks ($299k). During the last 25 years the exports of Japan to Bhutan have decreased at an annualized rate of 3.68%, from $7.63M in 1995 to $2.99M in 2020.

In 2020, Bhutan exported $542k to Japan. The main products exported from Bhutan to Japan were Perfume Plants ($292k), Other Vegetables ($206k), and Sowing Seeds ($21k). During the last 25 years the exports of Bhutan to Japan have decreased at an annualized rate of 2.18%, from $941k in 1995 to $542k in 2020.

Market Competitiveness

#permalink to section
Measure

Japan
Top Destination
: China, $133B

Bhutan
Top Destination
: India, $173M

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

In 2019, countries that imported more from Japan than Bhutan were China ($133B), United States ($112B), and South Korea ($42.9B).

In 2019, no countries were registered that imported more from Bhutan than from Japan.

Comparative Advantage Japan - Bhutan

#permalink to section
Flow
Scale

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

During 2020, Japan had a large net trade with Bhutan in the exports of Transportation ($2.1M), Machines ($291k), and Instruments ($272k).

During 2020, Bhutan had a large net trade with Japan in the exports of Vegetable Products ($519k), Arts and Antiques ($8.8k), and Plastics and Rubbers ($5.52k).

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

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 Japan has comparative advantage over Bhutan. Similarly, the more yellow a dot/product is, the more Bhutan has comparative advantage over Japan.