2022
Flag
 GDP
$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
GDP PC
$2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH
-19.9%CURRENT US$
Rnk 173 / 186

About

Bhutan-Nigeria Trade: In 2018, Bhutan exported $49.5k to Nigeria. The main products that Bhutan exported to Nigeria were N/A. Over the past 9 years the exports of Bhutan to Nigeria have decreased at an annualized rate of 24.8%, from $644k in 2009 to $49.5k in 2018.

In 2018, Bhutan did not export any services to Nigeria.

Nigeria-Bhutan Trade: In 2018, Nigeria exported $489k to Bhutan. The main products that Nigeria exported to Bhutan were N/A. Over the past 9 years the exports of Nigeria to Bhutan have decreased at an annualized rate of 14.3%,  from $1.06M in 2009 to $489k in 2018.

In 2018, Nigeria 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, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2018, Bhutan exported $49.5k to Nigeria. There were not main exports from Bhutan to Nigeria in 2018. During the last 9 years the exports of Bhutan to Nigeria have decreased at an annualized rate of 24.8%, from $644k in 2009 to $49.5k in 2018.

In 2010, Nigeria exported $489k to Bhutan. There were not main exports from Nigeria to Bhutan in 2010. During the last 5 years the exports of Nigeria to Bhutan have decreased at an annualized rate of 14.3%, from $1.06M in 2015 to $489k in 2010.

Exports from Bhutan (Flag) to Nigeria (Flag) (2018)

Exports from Nigeria (Flag) to Bhutan (Flag) (2018)

Latest Data

Trade between Bhutan (Flag) and Nigeria (Flag)

Nigeria Exports

Market Competitiveness

Color
Bhutan
Top Destination
India$343M
Nigeria
Top Destination
Spain$9.41B

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

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

In 2022, countries that imported more from Nigeria than Bhutan included Spain ($9.41B), India ($8.2B), and France ($4.95B).

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

Comparative Advantage Bhutan - Nigeria

Flow
Scale

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

During 2018, Bhutan had a large net trade with Nigeria in the exports of .

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

Product Space of Bhutan (Flag) and Nigeria (Flag) (2018)

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