2023
Flag
 GDP
$3.05TCURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP GROWTH
8.37%CURRENT US$
Rnk 159 / 195
2023
Flag
GDP PC
$44,691CURRENT US$
Rnk 30 / 196
2013-2023
Flag
GDP PC GROWTH
4.74%CURRENT US$
Rnk 146 / 195

About

Bhutan-France Trade: In 2023, Bhutan exported $605k to France. The main products that Bhutan exported to France were Ferroalloys ($506k), Other Hand Tools ($26.8k), and Perfume Plants ($17.7k). Over the past 5 years the exports of Bhutan to France have decreased at an annualized rate of 30.5%, from $3.74M in 2018 to $605k in 2023.

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

France-Bhutan Trade: In 2023, France exported $903k to Bhutan. The main products that France exported to Bhutan were Compasses ($630k), Wine ($126k), and High-voltage Protection Equipment ($38.6k). Over the past 5 years the exports of France to Bhutan have increased at an annualized rate of 10%,  from $509k in 2018 to $903k in 2023.

In 2023, France 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, France ranked 16 in the Economic Complexity Index (ECI 1.34), and 7 in total exports ($635B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bhutan exported $605k to France. The main products exported from Bhutan to France were Ferroalloys ($506k), Other Hand Tools ($26.8k), and Perfume Plants ($17.7k). During the last 5 years the exports of Bhutan to France have decreased at an annualized rate of 30.5%, from $3.74M in 2018 to $605k in 2023.

In 2018, France exported $903k to Bhutan. The main products exported from France to Bhutan were Compasses ($630k), Wine ($126k), and High-voltage Protection Equipment ($38.6k). During the last 5 years the exports of France to Bhutan have increased at an annualized rate of 10%, from $509k in 2023 to $903k in 2018.

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

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

Latest Data

Trade between Bhutan (Flag) and France (Flag)

France Exports

Market Competitiveness

Color
Bhutan
Top Destination
India$421M
France
Top Destination
Germany$72.8B

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

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

In 2023, countries that imported more from France than Bhutan included Germany ($72.8B), Italy ($56.3B), and United States ($51.2B).

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

Comparative Advantage Bhutan - France

Flow
Scale

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

During 2023, Bhutan had a large net trade with France in the exports of Metals ($534k), Machines ($27.8k), and Vegetable Products ($18.5k).

During 2018, France had a large net trade with Bhutan in the exports of Instruments ($634k), Foodstuffs ($147k), and Machines ($75.5k).

Economic Complexity

Competitive Landscape

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

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

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