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Pricing

2022
Flag → Flag
Exports $4.73MRnk 199 / 219
2022
Flag → Flag
Top Product $1.52MVaccines, blood, antisera, toxins and cultures
2022
Flag → Flag
Exports $291kRnk 14 / 73
2022
Flag → Flag
Top Product $86.9kPlywood
2022
Flag
Economic Complexity (ECI) ECI 1.41Rnk 10 / 124
2022
Flag  
GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
GDP PC $76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186

About

United States-Bhutan In 2022, United States exported $4.73M to Bhutan. The main products that United States exported to Bhutan are Vaccines, blood, antisera, toxins and cultures ($1.52M), Sports Equipment ($1.21M), and Office Machine Parts ($511k). During the last 27 years the exports of United States to Bhutan have increased at an annualized rate of 9%, from $462k in 1995 to $4.73M in 2022.

In 2022, United States did not export any services to Bhutan.

Bhutan-United States In 2022, Bhutan exported $291k to United States. The main products that Bhutan exported to United States were Plywood ($86.9k), Water ($58.2k), and Diamonds ($47.8k). During the last 27 years the exports of Bhutan to United States have increased at an annualized rate of 2.62%, from $144k in 1995 to $291k in 2022.

In 2022, Bhutan did not export any services to United States.

Comparison In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.41),  and 2 in total exports ($1.95T). That same year, Bhutan ranked 177 in total exports ($392M), and does not have data regarding Economic Complexity Index.

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

Latest Trends

January, 2024

About

Overview In January 2024, United States exported $85.7k and imported $27.8k from Bhutan, resulting in a positive trade balance of $57.9k. Between January 2023 and January 2024 the exports of United States have decreased by $-176k (-67.2%) from $262k to $85.7k, while imports increased by $9.78k (54.2%) from $18k to $27.8k.

Trade In January 2024, the top exports of United States to Bhutan were Medical Instruments ($64.8k), Telephones ($49.2k), Chemical Analysis Instruments ($47.7k), Aircraft Parts ($33.4k), and Other Inedible Animal Products ($16.4k). In January 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 January 2024 the exports of United States were mainly from Utah ($61.9k), New Mexico ($4.85k), Massachusetts ($4.32k), Georgia ($4.06k), and Florida ($3.48k), while imports destinations were mainly New York ($23.5k).

Growth In January 2024, the decrease in United States's year-by-year exports to Bhutan was explained primarily by an decrease in product exports in Sports Equipment ($-103k or -89.8%). In January 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

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)$-176k(-67.2%)
IMPORT GROWTH (January 2023 - January 2024)$9.78k(54.2%)
MAIN EXPORTER (January 2024)Utah$61.9k

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.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $4.73M to Bhutan. The main products exported from United States to Bhutan were Vaccines, blood, antisera, toxins and cultures ($1.52M), Sports Equipment ($1.21M), and Office Machine Parts ($511k). During the last 27 years the exports of United States to Bhutan have increased at an annualized rate of 9%, from $462k in 1995 to $4.73M in 2022.

In 2022, Bhutan exported $291k to United States. The main products exported from Bhutan to United States were Plywood ($86.9k), Water ($58.2k), and Diamonds ($47.8k). During the last 27 years the exports of Bhutan to United States have increased at an annualized rate of 2.62%, from $144k in 1995 to $291k in 2022.

Exports from United States (Flag) to Bhutan (Flag) (2022)

Exports from Bhutan (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top DestinationCanada$308B
Bhutan
Top DestinationIndia$343M

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 2021, countries that imported more from United States than Bhutan were Canada ($308B), Mexico ($294B), and China ($151B).

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

Difference in imports from Bhutan (Flag) and United States (Flag) (2022)

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 2022, United States had a large net trade with Bhutan in the exports of Chemical Products ($1.63M), Miscellaneous ($1.21M), and Machines ($1.19M).

During 2022, Bhutan had a large net trade with United States in the exports of Wood Products ($86.9k), Foodstuffs ($72.4k), and Precious Metals ($47.8k).

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

Product Space of United States (Flag) and Bhutan (Flag) (2022)

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