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2022
Flag → Flag
Exports $444kRnk 12 / 73
2022
Flag → Flag
Top Product $301kOther Vegetables
2022
Flag → Flag
Exports $4.51MRnk 190 / 211
2022
Flag → Flag
Top Product $3.68MCars
2022
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
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 GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
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GDP PC$33,815CURRENT US$
Rnk 32 / 186
2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186

About

Bhutan-Japan Trade: In 2022, Bhutan exported $444k to Japan. The main products that Bhutan exported to Japan were Other Vegetables ($301k), Perfume Plants ($93.3k), and Sowing Seeds ($13.4k). Over the past 5 years the exports of Bhutan to Japan have decreased at an annualized rate of 18.7%, from $1.25M in 2017 to $444k in 2022.

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

Japan-Bhutan Trade: In 2022, Japan exported $4.51M to Bhutan. The main products that Japan exported to Bhutan were Cars ($3.68M), Gold ($369k), and Motor vehicles; parts and accessories (8701 to 8705) ($74k). Over the past 5 years the exports of Japan to Bhutan have decreased at an annualized rate of 13%,  from $10.4M in 2017 to $4.51M in 2022.

In 2022, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bhutan exported $444k to Japan. The main products exported from Bhutan to Japan were Other Vegetables ($301k), Perfume Plants ($93.3k), and Sowing Seeds ($13.4k). During the last 5 years the exports of Bhutan to Japan have decreased at an annualized rate of 18.7%, from $1.25M in 2017 to $444k in 2022.

In 2017, Japan exported $4.51M to Bhutan. The main products exported from Japan to Bhutan were Cars ($3.68M), Gold ($369k), and Motor vehicles; parts and accessories (8701 to 8705) ($74k). During the last 5 years the exports of Japan to Bhutan have decreased at an annualized rate of 13%, from $10.4M in 2022 to $4.51M in 2017.

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

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

Latest Data

Trade between Bhutan (Flag) and Japan (Flag)

Japan Exports

Market Competitiveness

Color
Bhutan
Top DestinationIndia$343M
Japan
Top DestinationUnited States$137B

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 2022, no countries were registered that imported more from Bhutan than from Japan.

In 2022, countries that imported more from Japan than Bhutan included United States ($137B), China ($135B), and South Korea ($50.8B).

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

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 2022, Bhutan had a large net trade with Japan in the exports of Vegetable Products ($417k), Arts and Antiques ($13.2k), and Textiles ($9.54k).

During 2017, Japan had a large net trade with Bhutan in the exports of Transportation ($3.75M), Precious Metals ($371k), and Machines ($153k).

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) (2022)

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