2022
Flag  
GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH
1.45%CURRENT US$
Rnk 164 / 186
2022
Flag
GDP PC 
$15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH
-0.49%CURRENT US$
Rnk 145 / 186

About

Russia-Bhutan In 2015, Russia exported $125k to Bhutan. The main products that Russia exported to Bhutan are N/A. During the last 13 years the exports of Russia to Bhutan have increased at an annualized rate of 24.3%, from $7.41k in 2002 to $125k in 2015.

In 2020, Russia exported services to Bhutan worth $26k, with Transportation ($24k), Financial services ($1k), and Other business services ($1k) being the largest in terms of value.

Bhutan-Russia In 2015, Bhutan exported $9.51k to Russia. The main products that Bhutan exported to Russia were N/A. During the last 13 years the exports of Bhutan to Russia have increased at an annualized rate of 78.8%, from $5 in 2002 to $9.51k in 2015.

In 2015, Bhutan did not export any services to Russia.

Comparison In 2022,  Russia ranked 45 in the Economic Complexity Index (ECI 0.42),  and 12 in total exports ($486B). 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 2015, Russia exported $125k to Bhutan. There were not main exports from Russia to Bhutan in 2015. During the last 13 years the exports of Russia to Bhutan have increased at an annualized rate of 24.3%, from $7.41k in 2002 to $125k in 2015.

In 2021, Bhutan exported $9.51k to Russia. There were not main exports from Bhutan to Russia in 2021. During the last 18 years the exports of Bhutan to Russia have increased at an annualized rate of 78.8%, from $5 in 2003 to $9.51k in 2021.

Exports from Russia (Flag) to Bhutan (Flag) (2021)

Exports from Bhutan (Flag) to Russia (Flag) (2021)

Market Competitiveness

Color
Russia
Top Destination
China$101B
Bhutan
Top Destination
India$343M

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

In 2021, countries that imported more from Russia than Bhutan were China ($101B), India ($40.4B), and Germany ($27.7B).

In 2021, countries that imported more from Bhutan than Russia were Zambia ($6.34k) and Antigua and Barbuda ($5.76k).

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

Comparative Advantage Russia - Bhutan

Flow
Scale

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

During 2015, Russia had a large net trade with Bhutan in the exports of .

During 2021, Bhutan had a large net trade with Russia in the exports of .

Service Trade

Bilateral Service Trade

In 2020, Russia exported services to Bhutan worth $26k, with Transportation ($24k), Financial services ($1k), and Other business services ($1k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to Bhutan (Flag) (2020)

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

Product Space of Russia (Flag) and Bhutan (Flag) (2021)

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