2023
Flag  
GDP
$381BCURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP GROWTH
-5.04%CURRENT US$
Rnk 177 / 195
2023
Flag
GDP PC 
$6,023CURRENT US$
Rnk 113 / 195
2013-2023
Flag
GDP PC GROWTH
-17.9%CURRENT US$
Rnk 178 / 195

About

South Africa-Bhutan Trade: In 2023, South Africa exported $14 to Bhutan. The main products that South Africa exported to Bhutan were Brochures ($14). Over the past 5 years the exports of South Africa to Bhutan have decreased at an annualized rate of 85.4%, from $208k in 2018 to $14 in 2023.

In 2023, South Africa did not export any services to Bhutan.

Bhutan-South Africa Trade: In 2023, Bhutan exported $16.4k to South Africa. The main products that Bhutan exported to South Africa were Poultry Meat ($12.9k), Centrifuges ($3.39k), and Knit T-shirts ($65). Over the past 5 years the exports of Bhutan to South Africa have decreased at an annualized rate of 49.5%,  from $500k in 2018 to $16.4k in 2023.

In 2023, Bhutan did not export any services to South Africa.

Comparison In 2023,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.07),  and 34 in total exports ($154B). That same year, Bhutan ranked 170 in total exports ($456M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, South Africa exported $14 to Bhutan. The main products exported from South Africa to Bhutan were Brochures ($14). During the last 5 years the exports of South Africa to Bhutan have decreased at an annualized rate of 85.4%, from $208k in 2018 to $14 in 2023.

In 2018, Bhutan exported $16.4k to South Africa. The main products exported from Bhutan to South Africa were Poultry Meat ($12.9k), Centrifuges ($3.39k), and Knit T-shirts ($65). During the last 5 years the exports of Bhutan to South Africa have decreased at an annualized rate of 49.5%, from $500k in 2023 to $16.4k in 2018.

Exports from South Africa (Flag) to Bhutan (Flag) (2023)

Exports from Bhutan (Flag) to South Africa (Flag) (2023)

Market Competitiveness

Color
South Africa
Top Destination
China$29.5B
Bhutan
Top Destination
India$421M

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

In 2023, countries that imported more from South Africa than Bhutan included China ($29.5B), United States ($13B), and Germany ($10.8B).

In 2023, no countries were registered that imported more from Bhutan than from South Africa.

Difference in imports from Bhutan (Flag) and South Africa (Flag) (2023)

Comparative Advantage South Africa - Bhutan

Flow
Scale

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

During 2023, South Africa had a large net trade with Bhutan in the exports of Paper Goods ($14).

During 2018, Bhutan had a large net trade with South Africa in the exports of Animal Products ($12.9k), Machines ($3.39k), and Textiles ($128).

Economic Complexity

Competitive Landscape

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

Product Space of South Africa (Flag) and Bhutan (Flag) (2023)

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