2023
Flag
 GDP
$514BCURRENT US$
Rnk 28 / 195
2013-2023
Flag
GDP GROWTH
72.6%CURRENT US$
Rnk 38 / 195
2023
Flag
GDP PC
$52,642CURRENT US$
Rnk 24 / 196
2013-2023
Flag
GDP PC GROWTH
42.5%CURRENT US$
Rnk 56 / 195

About

In N/A, Bhutan did not export any services to Israel.

Israel-Bhutan Trade: In N/A, Israel exported $151k to Bhutan. The main products that Israel exported to Bhutan were N/A. Over the past N/A years the exports of Israel to Bhutan have decreased at an annualized rate of 30.1%,  from $903k in N/A to $151k in N/A.

In N/A, Israel 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, Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

Bhutan does not register exports to Israel. The main products exported from Bhutan to Israel were Porcelain Tableware ($1k).

In 2017, Israel exported $151k to Bhutan. There were not main exports from Israel to Bhutan in 2017. During the last 5 years the exports of Israel to Bhutan have decreased at an annualized rate of 30.1%, from $903k in 2022 to $151k in 2017.

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

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

Market Competitiveness

Color
Bhutan
Top Destination
India$421M
Israel
Top Destination
United States$20.3B

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

In 2023, countries that imported more from Bhutan than Israel included Lebanon ($31.7k), Saudi Arabia ($1.82k), and Kuwait ($524).

In 2023, countries that imported more from Israel than Bhutan included United States ($20.3B), China ($7.09B), and Ireland ($4.22B).

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

Comparative Advantage Bhutan - Israel

Flow
Scale

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

During 2017, Israel had a large net trade with Bhutan in the exports of .

Economic Complexity

Competitive Landscape

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

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

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