2023
Flag
 GDP
$12.4BCURRENT US$
Rnk 145 / 195
2013-2023
Flag
GDP GROWTH
2.56%CURRENT US$
Rnk 167 / 195
2023
Flag
GDP PC
$4,168CURRENT US$
Rnk 129 / 196
2013-2023
Flag
GDP PC GROWTH
-22%CURRENT US$
Rnk 180 / 195

About

Bhutan-Namibia Trade: In 2023, Bhutan exported $3.86k to Namibia. The main products that Bhutan exported to Namibia were Cars ($2.82k), House Linens ($775), and Terry Fabric ($261). Over the past 5 years the exports of Bhutan to Namibia have increased at an annualized rate of 138%, from $51 in 2018 to $3.86k in 2023.

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

Namibia-Bhutan Trade: In 2023, Namibia exported $7 to Bhutan. The main products that Namibia exported to Bhutan were N/A. Over the past 5 years the exports of Namibia to Bhutan have decreased at an annualized rate of 75.5%,  from $7.98k in 2018 to $7 in 2023.

In 2023, Namibia 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, Namibia ranked 98 in the Economic Complexity Index (ECI -0.74), and 124 in total exports ($6.28B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bhutan exported $3.86k to Namibia. The main products exported from Bhutan to Namibia were Cars ($2.82k), House Linens ($775), and Terry Fabric ($261). During the last 5 years the exports of Bhutan to Namibia have increased at an annualized rate of 138%, from $51 in 2018 to $3.86k in 2023.

In 2014, Namibia exported $7 to Bhutan. There were not main exports from Namibia to Bhutan in 2014. During the last 5 years the exports of Namibia to Bhutan have decreased at an annualized rate of 75.5%, from $7.98k in 2019 to $7 in 2014.

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

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

Market Competitiveness

Color
Bhutan
Top Destination
India$421M
Namibia
Top Destination
South Africa$1.71B

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

In 2023, countries that imported more from Bhutan than Namibia included India ($421M), Indonesia ($2.9M), and Slovenia ($867k).

In 2023, countries that imported more from Namibia than Bhutan included South Africa ($1.71B), China ($752M), and Botswana ($504M).

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

Comparative Advantage Bhutan - Namibia

Flow
Scale

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

During 2023, Bhutan had a large net trade with Namibia in the exports of Transportation ($2.82k) and Textiles ($1.04k).

During 2014, Namibia 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 Namibia. This means that a dot/product with the flag of Bhutan indicates it has a comparative advantage over Namibia. Similarly, a dot/product with the flag of Namibia indicates it has a comparative advantage over Bhutan.

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

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