2023
Flag
 GDP
$646BCURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP GROWTH
17%CURRENT US$
Rnk 148 / 195
2023
Flag
GDP PC
$14,187CURRENT US$
Rnk 73 / 196
2013-2023
Flag
GDP PC GROWTH
9.44%CURRENT US$
Rnk 135 / 195

About

Bhutan-Argentina Trade: In 2023, Bhutan exported $1.36k to Argentina. The main products that Bhutan exported to Argentina were Gas and Liquid Flow Measuring Instruments ($1.11k), Harvesting Machinery ($131), and Motor vehicles; parts and accessories (8701 to 8705) ($71). Over the past 9 years the exports of Bhutan to Argentina have decreased at an annualized rate of 2.32%, from $1.68k in 2014 to $1.36k in 2023.

In 2023, Bhutan did not export any services to Argentina.

Argentina-Bhutan In N/A, Argentina did not export any products to Bhutan.

In 2023, Argentina did not export any services to Bhutan.

Comparison In 2023,  Bhutan ranked 170 in total exports ($456M), and does not have data regarding Economic Complexity Index. That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bhutan exported $1.36k to Argentina. The main products exported from Bhutan to Argentina were Gas and Liquid Flow Measuring Instruments ($1.11k), Harvesting Machinery ($131), and Motor vehicles; parts and accessories (8701 to 8705) ($71). During the last 9 years the exports of Bhutan to Argentina have decreased at an annualized rate of 2.32%, from $1.68k in 2014 to $1.36k in 2023.

Argentina does not register exports to Bhutan.

Exports from Bhutan (Flag) to Argentina (Flag) (2023)

Exports from Argentina (Flag) to Bhutan (Flag) (2023)

Latest Data

Trade between Bhutan (Flag) and Argentina (Flag)

Argentina Exports

Date

Market Competitiveness

Color
Bhutan
Top Destination
India$421M
Argentina
Top Destination
Brazil$12.1B

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

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

In 2023, countries that imported more from Argentina than Bhutan included Brazil ($12.1B), United States ($6.27B), and Chile ($5.57B).

Difference in imports from Argentina (Flag) and Bhutan (Flag) (2023)

Comparative Advantage Bhutan - Argentina

Flow
Scale

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

During 2023, Bhutan had a large net trade with Argentina in the exports of Instruments ($1.11k), Machines ($177), and Transportation ($71).

Economic Complexity

Competitive Landscape

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

Product Space of Bhutan (Flag) and Argentina (Flag) (2023)

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