2023
Exports
$7.9kWorld Rnk 166 / 199
Flag Rnk 106 / 297
2023
PRODUCT COMPLEXITY IN Navigation Equipment
1.03Rnk 167 / 1025
2023
Imports
$769kWorld Rnk 159 / 223
Flag Rnk 209 / 1042

About

Exports In 2023, Bhutan exported $7.9k in Navigation Equipment, making it the 166th largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 106th most exported product in Bhutan. The main destination of Navigation Equipment exports from Bhutan are: France ($5.62k) and Singapore ($2.29k).

The fastest growing export markets for Navigation Equipment of Bhutan between 2022 and 2023 were France ($4.17k) and Singapore ($1.14k).

Imports In 2023, Bhutan imported $769k in Navigation Equipment, becoming the 159th largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 209th most imported product in Bhutan. Bhutan imports Navigation Equipment primarily from: United States ($662k), China ($56.9k), United Kingdom ($31.9k), India ($12.4k), and Hong Kong ($3.79k).

The fastest growing import markets in Navigation Equipment for Bhutan between 2022 and 2023 were United States ($570k), China ($41.8k), and United Kingdom ($31.9k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Navigation Equipment. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$7.9k
IMPORTS (2023)$769k
NET TRADE (2023)-$762k

In 2023, Bhutan exported $7.9k in Navigation Equipment. The main destinations of Bhutan exports on Navigation Equipment were France ($5.62k) and Singapore ($2.29k).

In 2023, Bhutan imported $769k in Navigation Equipment, mainly from United States ($662k), China ($56.9k), United Kingdom ($31.9k), India ($12.4k), and Hong Kong ($3.79k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR Bhutan WERE (2022 - 2023):
France$4.17k (287%)
Singapore$1.14k (99.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bhutan's main exporting competitors in Navigation Equipment were:
In 2023, Bhutan's main importing competitors in Navigation Equipment were:

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Trade Value of Navigation Equipment by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

Navigation Equipment’s highest export potential is N/A. With an export gap of N/A.   Navigation Equipment’s highest import potential is N/A with an import gap of N/A.

See methodology.

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