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2023
Flag → Flag
Exports $13.7kRnk 31 / 77
2023
Flag → Flag
Top Product $2.89kOther Engines
2023
Flag → Flag
Exports $428kRnk 194 / 215
2023
Flag → Flag
Top Product $149kBroadcasting Accessories
2023
Flag
Economic Complexity (ECI) ECI 0.9Rnk 30 / 132
2023
Flag
 GDP$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH16%CURRENT US$
Rnk 150 / 195
2023
Flag
GDP PC$53,431CURRENT US$
Rnk 22 / 196
2013-2023
Flag
GDP PC GROWTH1.51%CURRENT US$
Rnk 152 / 195

About

Bhutan-Canada Trade: In 2023, Bhutan exported $13.7k to Canada. The main products that Bhutan exported to Canada were Other Engines ($2.89k), Air Pumps ($2.77k), and Aircraft parts (gliders, balloons, and powered aircraft) ($1.93k). Over the past 5 years the exports of Bhutan to Canada have decreased at an annualized rate of 31.8%, from $92.7k in 2018 to $13.7k in 2023.

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

Canada-Bhutan Trade: In 2023, Canada exported $428k to Bhutan. The main products that Canada exported to Bhutan were Broadcasting Accessories ($149k), Broadcasting Equipment ($138k), and Electrical Control Boards ($26.5k). Over the past 5 years the exports of Canada to Bhutan have increased at an annualized rate of 10.4%,  from $260k in 2018 to $428k in 2023.

In 2023, Canada 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, Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bhutan exported $13.7k to Canada. The main products exported from Bhutan to Canada were Other Engines ($2.89k), Air Pumps ($2.77k), and Aircraft parts (gliders, balloons, and powered aircraft) ($1.93k). During the last 5 years the exports of Bhutan to Canada have decreased at an annualized rate of 31.8%, from $92.7k in 2018 to $13.7k in 2023.

In 2018, Canada exported $428k to Bhutan. The main products exported from Canada to Bhutan were Broadcasting Accessories ($149k), Broadcasting Equipment ($138k), and Electrical Control Boards ($26.5k). During the last 5 years the exports of Canada to Bhutan have increased at an annualized rate of 10.4%, from $260k in 2023 to $428k in 2018.

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

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

Latest Data

Trade between Bhutan (Flag) and Canada (Flag)

Canada Exports

Market Competitiveness

Color
Bhutan
Top DestinationIndia$421M
Canada
Top DestinationUnited States$410B

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

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

In 2023, countries that imported more from Canada than Bhutan included United States ($410B), China ($31.1B), and United Kingdom ($18B).

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

Comparative Advantage Bhutan - Canada

Flow
Scale

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

During 2023, Bhutan had a large net trade with Canada in the exports of Machines ($8.25k), Transportation ($2.01k), and Textiles ($1.21k).

During 2018, Canada had a large net trade with Bhutan in the exports of Machines ($383k), Instruments ($23.2k), and Metals ($16.1k).

Economic Complexity

Competitive Landscape

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

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

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