2022
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GDP
$4.23TCURRENT US$
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2012-2022
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GDP GROWTH
-32.5%CURRENT US$
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2022
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GDP PC 
$33,815CURRENT US$
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2012-2022
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GDP PC GROWTH
-31.2%CURRENT US$
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About

Japan-Bhutan In 2022, Japan exported $4.51M to Bhutan. The main products that Japan exported to Bhutan are Cars ($3.68M), Gold ($369k), and Motor vehicles; parts and accessories (8701 to 8705) ($74k). During the last 27 years the exports of Japan to Bhutan have decreased at an annualized rate of 1.92%, from $7.63M in 1995 to $4.51M in 2022.

In 2022, Japan did not export any services to Bhutan.

Bhutan-Japan In 2022, Bhutan exported $444k to Japan. The main products that Bhutan exported to Japan were Other Vegetables ($301k), Perfume Plants ($93.3k), and Sowing Seeds ($13.4k). During the last 27 years the exports of Bhutan to Japan have decreased at an annualized rate of 2.77%, from $949k in 1995 to $444k in 2022.

In 2022, Bhutan did not export any services to Japan.

Comparison In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 1.99),  and 4 in total exports ($728B). 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, Japan exported $4.51M to Bhutan. The main products exported from Japan to Bhutan were Cars ($3.68M), Gold ($369k), and Motor vehicles; parts and accessories (8701 to 8705) ($74k). During the last 27 years the exports of Japan to Bhutan have decreased at an annualized rate of 1.92%, from $7.63M in 1995 to $4.51M in 2022.

In 2022, Bhutan exported $444k to Japan. The main products exported from Bhutan to Japan were Other Vegetables ($301k), Perfume Plants ($93.3k), and Sowing Seeds ($13.4k). During the last 27 years the exports of Bhutan to Japan have decreased at an annualized rate of 2.77%, from $949k in 1995 to $444k in 2022.

Exports from Japan (Flag) to Bhutan (Flag) (2022)

Exports from Bhutan (Flag) to Japan (Flag) (2022)

Market Competitiveness

Color
Japan
Top Destination
United States$137B
Bhutan
Top Destination
India$343M

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 2021, countries that imported more from Japan than Bhutan were United States ($137B), China ($135B), and South Korea ($50.8B).

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

Difference in imports from Bhutan (Flag) and Japan (Flag) (2022)

Comparative Advantage Japan - Bhutan

Flow
Scale

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

During 2022, Japan had a large net trade with Bhutan in the exports of Transportation ($3.75M), Precious Metals ($371k), and Machines ($153k).

During 2022, Bhutan had a large net trade with Japan in the exports of Vegetable Products ($417k), Arts and Antiques ($13.2k), and Textiles ($9.54k).

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

Product Space of Japan (Flag) and Bhutan (Flag) (2022)

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