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2023
Flag → Flag
Exports $15.7kRnk 29 / 77
2023
Flag → Flag
Top Product $9.82kTelephones
2023
Flag → Flag
Exports $1.98MRnk 178 / 221
2023
Flag → Flag
Top Product $1.37MComputers
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
Flag
 GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
GDP PC$11,379CURRENT US$
Rnk 85 / 196
2013-2023
Flag
GDP PC GROWTH6.21%CURRENT US$
Rnk 145 / 195

About

Bhutan-Malaysia Trade: In 2023, Bhutan exported $15.7k to Malaysia. The main products that Bhutan exported to Malaysia were Telephones ($9.82k), Broadcasting Equipment ($5.55k), and Paintings ($333). Over the past 5 years the exports of Bhutan to Malaysia have decreased at an annualized rate of 45.1%, from $314k in 2018 to $15.7k in 2023.

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

Malaysia-Bhutan Trade: In 2023, Malaysia exported $1.98M to Bhutan. The main products that Malaysia exported to Bhutan were Computers ($1.37M), Coffee and Tea Extracts ($180k), and Rubber Apparel ($60.4k). Over the past 5 years the exports of Malaysia to Bhutan have increased at an annualized rate of 18.5%,  from $849k in 2018 to $1.98M in 2023.

In 2023, Malaysia 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, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bhutan exported $15.7k to Malaysia. The main products exported from Bhutan to Malaysia were Telephones ($9.82k), Broadcasting Equipment ($5.55k), and Paintings ($333). During the last 5 years the exports of Bhutan to Malaysia have decreased at an annualized rate of 45.1%, from $314k in 2018 to $15.7k in 2023.

In 2018, Malaysia exported $1.98M to Bhutan. The main products exported from Malaysia to Bhutan were Computers ($1.37M), Coffee and Tea Extracts ($180k), and Rubber Apparel ($60.4k). During the last 5 years the exports of Malaysia to Bhutan have increased at an annualized rate of 18.5%, from $849k in 2023 to $1.98M in 2018.

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

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

Latest Data

Trade between Bhutan (Flag) and Malaysia (Flag)

Malaysia Exports

Market Competitiveness

Color
Bhutan
Top DestinationIndia$421M
Malaysia
Top DestinationChina$79.8B

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

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

In 2023, countries that imported more from Malaysia than Bhutan included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

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

Comparative Advantage Bhutan - Malaysia

Flow
Scale

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

During 2023, Bhutan had a large net trade with Malaysia in the exports of Machines ($15.4k) and Arts and Antiques ($333).

During 2018, Malaysia had a large net trade with Bhutan in the exports of Machines ($1.51M), Foodstuffs ($186k), and Plastics and Rubbers ($60.6k).

Economic Complexity

Competitive Landscape

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

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

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