Bhutan (BTN) and Belarus (BLR) Trade | The Observatory of Economic Complexity

About

Bhutan-Belarus In 2021, Bhutan exported $400 to Belarus. The main products that Bhutan exported to Belarus are N/A. During the last 13 years the exports of Bhutan to Belarus have decreased at an annualized rate of 14.1%, from $2.9k in 2008 to $400 in 2021.

In 2021, Bhutan did not export any services to Belarus.

Belarus-Bhutan In false, Belarus did not export any products to Bhutan.

In 2014, Belarus exported services to Bhutan worth $428, with Insurance services ($428) being the largest in terms of value.

Comparison In 2022, Bhutan ranked 177 in total exports ($392M), and does not have data regarding Economic Complexity Index. That same year, Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Bhutan exported $400 to Belarus. There were not main exports from Bhutan to Belarus in 2021. During the last 13 years the exports of Bhutan to Belarus have decreased at an annualized rate of 14.1%, from $2.9k in 2008 to $400 in 2021.

Belarus does not register exports to Bhutan.

Exports from Bhutan () to Belarus () (2021)

Exports from Belarus () to Bhutan () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bhutan
Top DestinationIndia$343M

Belarus
Top DestinationChina$1.6B

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

In 2021, countries that imported more from Bhutan than Belarus were India ($343M), Nepal ($7.44M), and Bahrain ($150k).

In 2021, countries that imported more from Belarus than Bhutan were China ($1.6B), Ukraine ($1.29B), and Poland ($933M).

Difference in imports from Belarus () and Bhutan () (2022)

Comparative Advantage Bhutan - Belarus

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Bhutan had a large net trade with Belarus in the exports of .

Service Trade

Bilateral Service Trade

Blr Year

In 2014, Belarus exported services to Bhutan worth $428, with Insurance services ($428) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Belarus () to Bhutan () (2014)

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Bhutan () to Belarus () (2021)

Exports from Belarus () to Bhutan () (2021)

Market Competitiveness

Difference in imports from Belarus () and Bhutan () (2022)

Comparative Advantage Bhutan - Belarus

Service Trade

Bilateral Service Trade

Services Exports from Belarus () to Bhutan () (2014)

Economic Complexity

Competitive Landscape

Product Space of Bhutan () and Belarus () (2021)

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