NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $3.37MRnk 202 / 220
2023
Flag → Flag
Top Product $662kNavigation Equipment
2023
Flag → Flag
Exports $963kRnk 8 / 77
2023
Flag → Flag
Top Product $551kFerroalloys
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag  
GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
Flag
GDP PC $82,769CURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195

About

United States-Bhutan Trade: In 2023, United States exported $3.37M to Bhutan. The main products that United States exported to Bhutan were Navigation Equipment ($662k), Sports Equipment ($604k), and Medical Instruments ($387k). Over the past 5 years the exports of United States to Bhutan have increased at an annualized rate of 0.19%, from $3.33M in 2018 to $3.37M in 2023.

In 2023, United States did not export any services to Bhutan.

Bhutan-United States Trade: In 2023, Bhutan exported $963k to United States. The main products that Bhutan exported to United States were Ferroalloys ($551k), Machinery Having Individual Functions ($197k), and Cellulose ($57.8k). Over the past 5 years the exports of Bhutan to United States have increased at an annualized rate of 3.89%,  from $796k in 2018 to $963k in 2023.

In 2023, Bhutan did not export any services to United States.

Comparison In 2023,  United States ranked 10 in the Economic Complexity Index (ECI 1.5),  and 2 in total exports ($1.86T). That same year, Bhutan ranked 170 in total exports ($456M), and does not have data regarding Economic Complexity Index.

Company data: In 2023, leading companies such as were at the forefront of exporting goods from Bhutan to the United States. Conversely, were notable for importing products to Bhutan from the United States.

Latest Trends

November, 2024

About

Overview In November 2024, United States exported $524k and imported $386k from Bhutan, resulting in a positive trade balance of $138k. Between November 2023 and November 2024 the exports of United States have increased by $392k (296%) from $132k to $524k, while imports increased by $384k (13.3k%) from $2.88k to $386k.

Trade In November 2024, the top exports of United States to Bhutan were Medical Instruments ($64.8k), Telephones ($49.2k), Chemical Analysis Instruments ($47.7k), Aircraft parts (gliders, balloons, and powered... ($33.4k), and Other Inedible Animal Products ($16.4k). In November 2024 the top imports of United States from Bhutan were Excavation Machinery ($17k), Other Furniture ($1.04k), and Commodities not elsewhere specified ($34).

Origins In November 2024 the exports of United States were mainly from Georgia ($226k), California ($154k), Utah ($70.9k), Illinois ($36.6k), and Washington ($17.5k), while imports destinations were mainly New York ($239k), Maryland ($78.3k), New Jersey ($64.7k), and Missouri ($3.34k).

Growth In November 2024, the increase in United States's year-by-year exports to Bhutan was explained primarily by an increase in product exports in Chemical Analysis Instruments ($26.3k or 123%), Commodities not elsewhere specified ($5.48k or 73.5%), and Insulated Wire ($2.7k or 59.5%). In November 2024, the increase in United States's year-by-year imports  from Bhutan was explained primarily by an increase in product imports  in Other Furniture ($36 or 3.6%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$392k(296%)
IMPORT GROWTH (November 2023 - November 2024)$384k(13.3k%)
MAIN EXPORTER (November 2024)Georgia$226k

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Bhutan and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Bhutan and United States Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United States exported $3.37M to Bhutan. The main products exported from United States to Bhutan were Navigation Equipment ($662k), Sports Equipment ($604k), and Medical Instruments ($387k). During the last 5 years the exports of United States to Bhutan have increased at an annualized rate of 0.19%, from $3.33M in 2018 to $3.37M in 2023.

In 2018, Bhutan exported $963k to United States. The main products exported from Bhutan to United States were Ferroalloys ($551k), Machinery Having Individual Functions ($197k), and Cellulose ($57.8k). During the last 5 years the exports of Bhutan to United States have increased at an annualized rate of 3.89%, from $796k in 2023 to $963k in 2018.

Exports from United States (Flag) to Bhutan (Flag) (2023)

Exports from Bhutan (Flag) to United States (Flag) (2023)

Market Competitiveness

Color
United States
Top DestinationCanada$269B
Bhutan
Top DestinationIndia$421M

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

In 2023, countries that imported more from United States than Bhutan included Canada ($269B), Mexico ($243B), and China ($154B).

In 2023, no countries were registered that imported more from Bhutan than from United States.

Difference in imports from Bhutan (Flag) and United States (Flag) (2023)

Comparative Advantage United States - Bhutan

Flow
Scale

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

During 2023, United States had a large net trade with Bhutan in the exports of Machines ($1.34M), Instruments ($721k), and Miscellaneous ($612k).

During 2018, Bhutan had a large net trade with United States in the exports of Metals ($551k), Machines ($220k), and Arts and Antiques ($61.7k).

Economic Complexity

Competitive Landscape

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

Product Space of United States (Flag) and Bhutan (Flag) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms