Flag Russia / Bhutan Flag

2015
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Exports
: $125k, Rnk 11 / 0

2015
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Exports
: $24.7k, Rnk 21 / 63

2015
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Top Product
: $24.7k, Bedspreads

2020
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Economic Complexity (ECI)
: ECI 0.5, Rnk 43 / 127

2020
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GDP
: $1.49T, CURRENT US$
Rnk 11 / 204

2010-2020
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GDP GROWTH
: -2.4%, CURRENT US$
Rnk 168 / 204

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

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

2020
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GDP PC 
: $10,162, CURRENT US$
Rnk 78 / 204

2010-2020
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GDP PC GROWTH
: -4.81%, CURRENT US$
Rnk 157 / 204

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

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

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 $24.7k to Russia. The main products that Bhutan exported to Russia were Bedspreads ($24.7k) and Electrical Capacitors ($15). During the last 13 years the exports of Bhutan to Russia have increased at an annualized rate of 92.4%, from $5 in 2002 to $24.7k in 2015.

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

Comparison In 2020,  Russia ranked 43 in the Economic Complexity Index (ECI 0.5),  and 13 in total exports ($330B). That same year, Bhutan ranked 178 in total exports ($183M), and does not have data regarding Economic Complexity Index.

Historical Data

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Bilateral Trade by Products

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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 2020, Bhutan exported $24.7k to Russia. The main products exported from Bhutan to Russia were Bedspreads ($24.7k) and Electrical Capacitors ($15). During the last 17 years the exports of Bhutan to Russia have increased at an annualized rate of 92.4%, from $5 in 2003 to $24.7k in 2020.

Market Competitiveness

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Measure

Russia
Top Destination
: China, $49.3B

Bhutan
Top Destination
: India, $173M

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 2019, countries that imported more from Russia than Bhutan were China ($49.3B), United Kingdom ($25.3B), and Netherlands ($22.5B).

In 2019, countries that imported more from Bhutan than Russia were Lesotho ($554).

Comparative Advantage Russia - Bhutan

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Flow

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 2020, Bhutan had a large net trade with Russia in the exports of Textiles ($24.7k) and Machines ($15).

Bilateral Service Trade

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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.

Economic Complexity

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Competitive Landscape

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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.