Singapore (SGP) and Bhutan (BTN) Trade | OEC - The Observatory of Economic Complexity

About

Singapore-Bhutan In 2020, Singapore exported $9.79M to Bhutan. The main products that Singapore exported to Bhutan are Broadcasting Equipment ($2.05M), Medical Instruments ($1.58M), and Metal-Clad Products ($715k). During the last 22 years the exports of Singapore to Bhutan have increased at an annualized rate of 0.26%, from $9.24M in 1998 to $9.79M in 2020.

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

Bhutan-Singapore In 2020, Bhutan exported $630k to Singapore. The main products that Bhutan exported to Singapore were Aircraft Parts ($389k), Broadcasting Equipment ($46k), and Computers ($37.7k). During the last 22 years the exports of Bhutan to Singapore have increased at an annualized rate of 20.2%, from $11k in 1998 to $630k in 2020.

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

Comparison In 2020, Singapore ranked 6 in the Economic Complexity Index (ECI 1.84), and 19 in total exports ($281B). That same year, Bhutan ranked 178 in total exports ($183M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

Value

Year

In 2020, Singapore exported $9.79M to Bhutan. The main products exported from Singapore to Bhutan were Broadcasting Equipment ($2.05M), Medical Instruments ($1.58M), and Metal-Clad Products ($715k). During the last 22 years the exports of Singapore to Bhutan have increased at an annualized rate of 0.26%, from $9.24M in 1998 to $9.79M in 2020.

In 2020, Bhutan exported $630k to Singapore. The main products exported from Bhutan to Singapore were Aircraft Parts ($389k), Broadcasting Equipment ($46k), and Computers ($37.7k). During the last 22 years the exports of Bhutan to Singapore have increased at an annualized rate of 20.2%, from $11k in 1998 to $630k in 2020.

Latest Data

Singapore Exports

Date

Market Competitiveness

Measure

SectionYear

Singapore
Top Destination: China, $42.9B

Bhutan
Top Destination: India, $173M

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

In 2019, countries that imported more from Singapore than Bhutan were China ($42.9B), Hong Kong ($41.7B), and United States ($27.6B).

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

Comparative Advantage Singapore - Bhutan

Flow

Scale

Year

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

During 2020, Singapore had a large net trade with Bhutan in the exports of Machines ($4.81M), Instruments ($1.82M), and Precious Metals ($1.27M).

During 2020, Bhutan had a large net trade with Singapore in the exports of Transportation ($389k), Machines ($164k), and Vegetable Products ($37.9k).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Latest Data

Singapore Exports

Market Competitiveness

Comparative Advantage Singapore - Bhutan

Economic Complexity

Competitive Landscape

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