2022
Flag  
GDP
$467BCURRENT US$
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2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
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2022
Flag
GDP PC 
$82,808CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
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About

Singapore-Bhutan In 2022, Singapore exported $17M to Bhutan. The main products that Singapore exported to Bhutan are Broadcasting Equipment ($2.81M), Video Displays ($2.78M), and Cars ($2.24M). During the last 24 years the exports of Singapore to Bhutan have increased at an annualized rate of 2.53%, from $9.35M in 1998 to $17M in 2022.

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

Bhutan-Singapore In 2022, Bhutan exported $4.58M to Singapore. The main products that Bhutan exported to Singapore were Aircraft Parts ($3.69M), Vegetable Saps ($321k), and Broadcasting Equipment ($158k). During the last 24 years the exports of Bhutan to Singapore have increased at an annualized rate of 28.6%, from $11k in 1998 to $4.58M in 2022.

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

Comparison In 2022,  Singapore ranked 5 in the Economic Complexity Index (ECI 1.53),  and 21 in total exports ($379B). 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, Singapore exported $17M to Bhutan. The main products exported from Singapore to Bhutan were Broadcasting Equipment ($2.81M), Video Displays ($2.78M), and Cars ($2.24M). During the last 24 years the exports of Singapore to Bhutan have increased at an annualized rate of 2.53%, from $9.35M in 1998 to $17M in 2022.

In 2022, Bhutan exported $4.58M to Singapore. The main products exported from Bhutan to Singapore were Aircraft Parts ($3.69M), Vegetable Saps ($321k), and Broadcasting Equipment ($158k). During the last 24 years the exports of Bhutan to Singapore have increased at an annualized rate of 28.6%, from $11k in 1998 to $4.58M in 2022.

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

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

Latest Data

Trade between Singapore (Flag) and Bhutan (Flag)

Singapore Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$51.6B
Bhutan
Top Destination
India$343M

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 2021, countries that imported more from Singapore than Bhutan were Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

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

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

Comparative Advantage Singapore - Bhutan

Flow
Scale

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

During 2022, Singapore had a large net trade with Bhutan in the exports of Machines ($7.7M), Transportation ($3.13M), and Instruments ($2.3M).

During 2022, Bhutan had a large net trade with Singapore in the exports of Transportation ($3.69M), Vegetable Products ($437k), and Machines ($356k).

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

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

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