NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $817kRnk 12 / 77
2023
Flag → Flag
Top Product $418kOther Vegetables
2023
Flag → Flag
Exports $1.45MRnk 203 / 211
2023
Flag → Flag
Top Product $230kMedical Instruments
2023
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 132
2023
Flag
 GDP$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP GROWTH-19.3%CURRENT US$
Rnk 190 / 195
2023
Flag
GDP PC$33,767CURRENT US$
Rnk 38 / 196
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 176 / 195

About

Bhutan-Japan Trade: In 2023, Bhutan exported $817k to Japan. The main products that Bhutan exported to Japan were Other Vegetables ($418k), Ferroalloys ($355k), and Collector's Items ($16.8k). Over the past 5 years the exports of Bhutan to Japan have decreased at an annualized rate of 3.04%, from $953k in 2018 to $817k in 2023.

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

Japan-Bhutan Trade: In 2023, Japan exported $1.45M to Bhutan. The main products that Japan exported to Bhutan were Medical Instruments ($230k), Gold ($224k), and Coated Metal Soldering Products ($173k). Over the past 5 years the exports of Japan to Bhutan have decreased at an annualized rate of 30%,  from $8.64M in 2018 to $1.45M in 2023.

In 2023, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bhutan exported $817k to Japan. The main products exported from Bhutan to Japan were Other Vegetables ($418k), Ferroalloys ($355k), and Collector's Items ($16.8k). During the last 5 years the exports of Bhutan to Japan have decreased at an annualized rate of 3.04%, from $953k in 2018 to $817k in 2023.

In 2018, Japan exported $1.45M to Bhutan. The main products exported from Japan to Bhutan were Medical Instruments ($230k), Gold ($224k), and Coated Metal Soldering Products ($173k). During the last 5 years the exports of Japan to Bhutan have decreased at an annualized rate of 30%, from $8.64M in 2023 to $1.45M in 2018.

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

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

Latest Data

Trade between Bhutan (Flag) and Japan (Flag)

Japan Exports

Market Competitiveness

Color
Bhutan
Top DestinationIndia$421M
Japan
Top DestinationUnited States$143B

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

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

In 2023, countries that imported more from Japan than Bhutan included United States ($143B), China ($138B), and Chinese Taipei ($43B).

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

Comparative Advantage Bhutan - Japan

Flow
Scale

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

During 2023, Bhutan had a large net trade with Japan in the exports of Vegetable Products ($427k), Metals ($355k), and Arts and Antiques ($16.8k).

During 2018, Japan had a large net trade with Bhutan in the exports of Precious Metals ($326k), Transportation ($286k), and Instruments ($266k).

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms