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2022
Flag → Flag
Exports $2.49kRnk 46 / 73
2022
Flag → Flag
Top Product $1.83kExcavation Machinery
2022
Flag → Flag
Exports $29.9kRnk 51 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.44Rnk 46 / 133
2022
Flag
 GDP$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH6.04%CURRENT US$
Rnk 152 / 186
2022
Flag
GDP PC$43,233CURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP PC GROWTH-15.7%CURRENT US$
Rnk 166 / 186

About

Bhutan-Kuwait Trade: In 2022, Bhutan exported $2.49k to Kuwait. The main products that Bhutan exported to Kuwait were Excavation Machinery ($1.83k) and Electrical Lighting and Signalling Equipment ($659). Over the past 6 years the exports of Bhutan to Kuwait have decreased at an annualized rate of 30.4%, from $21.9k in 2016 to $2.49k in 2022.

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

Kuwait-Bhutan Trade: In 2022, Kuwait exported $29.9k to Bhutan. The main products that Kuwait exported to Bhutan were N/A. Over the past 6 years the exports of Kuwait to Bhutan have decreased at an annualized rate of 46.4%,  from $676k in 2016 to $29.9k in 2022.

In 2022, Kuwait 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, Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bhutan exported $2.49k to Kuwait. The main products exported from Bhutan to Kuwait were Excavation Machinery ($1.83k) and Electrical Lighting and Signalling Equipment ($659). During the last 6 years the exports of Bhutan to Kuwait have decreased at an annualized rate of 30.4%, from $21.9k in 2016 to $2.49k in 2022.

In 2010, Kuwait exported $29.9k to Bhutan. There were not main exports from Kuwait to Bhutan in 2010. During the last 5 years the exports of Kuwait to Bhutan have decreased at an annualized rate of 46.4%, from $676k in 2015 to $29.9k in 2010.

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

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

Latest Data

Trade between Bhutan (Flag) and Kuwait (Flag)

Kuwait Exports

Date

Market Competitiveness

Color
Bhutan
Top DestinationIndia$343M
Kuwait
Top DestinationChina$24.3B

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

In 2022, countries that imported more from Bhutan than Kuwait included Nepal ($7.44M), Colombia ($7.42M), and Zambia ($6.34k).

In 2022, countries that imported more from Kuwait than Bhutan included China ($24.3B), India ($15B), and South Korea ($10.8B).

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

Comparative Advantage Bhutan - Kuwait

Flow
Scale

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

During 2022, Bhutan had a large net trade with Kuwait in the exports of Machines ($2.49k).

During 2010, Kuwait 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 Kuwait. This means that a dot/product with the flag of Bhutan indicates it has a comparative advantage over Kuwait. Similarly, a dot/product with the flag of Kuwait indicates it has a comparative advantage over Bhutan.

Product Space of Bhutan (Flag) and Kuwait (Flag) (2022)

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