Peru (PER) and Bhutan (BTN) Trade | The Observatory of Economic Complexity

About

In N/A, Peru did not export any services to Bhutan.

Bhutan-Peru Trade: In N/A, Bhutan exported $656 to Peru. The main products that Bhutan exported to Peru were Valves ($337), Low-voltage Protection Equipment ($314), and Other Iron Products ($5). Over the past N/A years the exports of Bhutan to Peru have decreased at an annualized rate of 45.1%, from $13.2k in N/A to $656 in N/A.

In N/A, Bhutan did not export any services to Peru.

Comparison In 2023, Peru ranked 90 in the Economic Complexity Index (ECI -0.61), and 51 in total exports ($66.6B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Peru does not register exports to Bhutan.

In 2018, Bhutan exported $656 to Peru. The main products exported from Bhutan to Peru were Valves ($337), Low-voltage Protection Equipment ($314), and Other Iron Products ($5). During the last 5 years the exports of Bhutan to Peru have decreased at an annualized rate of 45.1%, from $13.2k in 2023 to $656 in 2018.

Exports from Peru () to Bhutan () (2023)

Exports from Bhutan () to Peru () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Peru
Top DestinationChina$22.5B

Bhutan
Top DestinationIndia$421M

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

In 2023, countries that imported more from Peru than Bhutan included China ($22.5B), United States ($9.3B), and Canada ($3.24B).

In 2023, countries that imported more from Bhutan than Peru included Malawi ($47k) and Eswatini ($1.02k).

Difference in imports from Bhutan () and Peru () (2023)

Comparative Advantage Peru - Bhutan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2018, Bhutan had a large net trade with Peru in the exports of Machines ($651) and Metals ($5).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Peru () to Bhutan () (2023)

Exports from Bhutan () to Peru () (2023)

Market Competitiveness

Difference in imports from Bhutan () and Peru () (2023)

Comparative Advantage Peru - Bhutan

Economic Complexity

Competitive Landscape

Product Space of Peru () and Bhutan () (2023)

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