2023
Flag
 GDP
$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
GDP PC
$10,295CURRENT US$
Rnk 89 / 196
2013-2023
Flag
GDP PC GROWTH
-17.4%CURRENT US$
Rnk 175 / 195

About

Bhutan-Brazil Trade: In 2023, Bhutan exported $594k to Brazil. The main products that Bhutan exported to Brazil were Low-voltage Protection Equipment ($569k), Iron Housewares ($14.1k), and Brooms ($11k). Over the past 5 years the exports of Bhutan to Brazil have increased at an annualized rate of 24.2%, from $201k in 2018 to $594k in 2023.

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

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

In 2023, Brazil 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, Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bhutan exported $594k to Brazil. The main products exported from Bhutan to Brazil were Low-voltage Protection Equipment ($569k), Iron Housewares ($14.1k), and Brooms ($11k). During the last 5 years the exports of Bhutan to Brazil have increased at an annualized rate of 24.2%, from $201k in 2018 to $594k in 2023.

Brazil does not register exports to Bhutan. The main products exported from Brazil to Bhutan were Edible Offal ($3.34M), Non-Knit Women's Suits ($1.3k), and Knit Women's Suits ($546).

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

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

Latest Data

Trade between Bhutan (Flag) and Brazil (Flag)

Brazil Exports

Market Competitiveness

Color
Bhutan
Top Destination
India$421M
Brazil
Top Destination
China$106B

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

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

In 2023, countries that imported more from Brazil than Bhutan included China ($106B), United States ($37B), and Argentina ($17.2B).

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

Comparative Advantage Bhutan - Brazil

Flow
Scale

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

During 2023, Bhutan had a large net trade with Brazil in the exports of Machines ($569k), Metals ($14.1k), and Miscellaneous ($11k).

Economic Complexity

Competitive Landscape

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

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

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