In 2019, Bhutan exported a total of $250M, making it the number 177 exporter in the world. During the last five reported years the exports of Bhutan have changed by $81.6M from $168M in 2014 to $250M in 2019.
In 2017, Bhutan exported $164M worth of services. The top services exported by Bhutan in 2017 were Personal travel ($88.9M), Air transport ($59.2M), Business travel ($11.3M), Reinsurance ($2.37M), and Other government services ($1.31M).
The top services imported by Bhutan in 2017 were Personal travel ($67.6M), Construction in the compiling economy ($43.3M), Air transport ($23M), Miscellaneous business, professional, and technical services ($15M), and Embassies and consulates ($6.52M).
The top export opportunities for Bhutan according to the relatedness index, are Crude Petroleum (0.055), Tropical Fruits (0.055), Wheat Flours (0.053), Bran (0.053), and Melons (0.052). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Bhutan is not specialized in.
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.
The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities.
Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.