2022
Flag
 GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186

About

Bhutan-Canada Trade: In 2022, Bhutan exported $20.3k to Canada. The main products that Bhutan exported to Canada were Aluminium Cans ($17.7k), Rubber Pipes ($838), and Vacuum Cleaners ($605). Over the past 5 years the exports of Bhutan to Canada have decreased at an annualized rate of 44%, from $368k in 2017 to $20.3k in 2022.

In 2022, Bhutan did not export any services to Canada.

Canada-Bhutan Trade: In 2022, Canada exported $263k to Bhutan. The main products that Canada exported to Bhutan were Woodworking machines ($102k), Metalworking Machine Parts ($64k), and Hand Saws ($40.4k). Over the past 5 years the exports of Canada to Bhutan have decreased at an annualized rate of 8.17%,  from $403k in 2017 to $263k in 2022.

In 2022, Canada did not export any services to Bhutan.

Comparison In 2022,  Bhutan ranked 177 in total exports ($392M), and does not have data regarding Economic Complexity Index. That same year, Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bhutan exported $20.3k to Canada. The main products exported from Bhutan to Canada were Aluminium Cans ($17.7k), Rubber Pipes ($838), and Vacuum Cleaners ($605). During the last 5 years the exports of Bhutan to Canada have decreased at an annualized rate of 44%, from $368k in 2017 to $20.3k in 2022.

In 2017, Canada exported $263k to Bhutan. The main products exported from Canada to Bhutan were Woodworking machines ($102k), Metalworking Machine Parts ($64k), and Hand Saws ($40.4k). During the last 5 years the exports of Canada to Bhutan have decreased at an annualized rate of 8.17%, from $403k in 2022 to $263k in 2017.

Exports from Bhutan (Flag) to Canada (Flag) (2022)

Exports from Canada (Flag) to Bhutan (Flag) (2022)

Latest Data

Trade between Bhutan (Flag) and Canada (Flag)

Canada Exports

Market Competitiveness

Color
Bhutan
Top Destination
N/AN/A
Canada
Top Destination
N/AN/A

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.

N/A

N/A

Difference in imports from Canada (Flag) and Bhutan (Flag) (2022)

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 2022, Bhutan had a large net trade with Canada in the exports of Metals ($17.8k), Plastics and Rubbers ($838), and Machines ($807).

During 2017, Canada had a large net trade with Bhutan in the exports of Machines ($180k), Metals ($47.1k), and Instruments ($36.5k).

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) (2022)

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