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2023
Flag → Flag
Exports $2.9MRnk 4 / 77
2023
Flag → Flag
Top Product $2.89MFerroalloys
2023
Flag → Flag
Exports $57.1MRnk 187 / 208
2023
Flag → Flag
Top Product $23.4MComputers
2023
Flag
Economic Complexity (ECI) ECI 1.16Rnk 21 / 132
2023
Flag
 GDP$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH85.9%CURRENT US$
Rnk 22 / 195
2023
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GDP PC$12,614CURRENT US$
Rnk 80 / 196
2013-2023
Flag
GDP PC GROWTH79.7%CURRENT US$
Rnk 17 / 195

About

Bhutan-China Trade: In 2023, Bhutan exported $2.9M to China. The main products that Bhutan exported to China were Ferroalloys ($2.89M), Insulated Wire ($5.47k), and Low-voltage Protection Equipment ($472). Over the past 5 years the exports of Bhutan to China have increased at an annualized rate of 232%, from $7.23k in 2018 to $2.9M in 2023.

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

China-Bhutan Trade: In 2023, China exported $57.1M to Bhutan. The main products that China exported to Bhutan were Computers ($23.4M), Broadcasting Equipment ($4.73M), and Office Machine Parts ($2.53M). Over the past 5 years the exports of China to Bhutan have increased at an annualized rate of 28.3%,  from $12.8M in 2018 to $57.1M in 2023.

In 2023, China 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, China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bhutan exported $2.9M to China. The main products exported from Bhutan to China were Ferroalloys ($2.89M), Insulated Wire ($5.47k), and Low-voltage Protection Equipment ($472). During the last 5 years the exports of Bhutan to China have increased at an annualized rate of 232%, from $7.23k in 2018 to $2.9M in 2023.

In 2018, China exported $57.1M to Bhutan. The main products exported from China to Bhutan were Computers ($23.4M), Broadcasting Equipment ($4.73M), and Office Machine Parts ($2.53M). During the last 5 years the exports of China to Bhutan have increased at an annualized rate of 28.3%, from $12.8M in 2023 to $57.1M in 2018.

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

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

Latest Data

Trade between Bhutan (Flag) and China (Flag)

China Exports

Market Competitiveness

Color
Bhutan
Top DestinationIndia$421M
China
Top DestinationUnited States$436B

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

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

In 2023, countries that imported more from China than Bhutan included United States ($436B), Hong Kong ($259B), and Japan ($169B).

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

Comparative Advantage Bhutan - China

Flow
Scale

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

During 2023, Bhutan had a large net trade with China in the exports of Metals ($2.89M), Machines ($5.96k), and Textiles ($394).

During 2018, China had a large net trade with Bhutan in the exports of Machines ($41.6M), Miscellaneous ($3.14M), and Textiles ($2.99M).

Economic Complexity

Competitive Landscape

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

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

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