Bhutan (BTN) and Nicaragua (NIC) Trade | The Observatory of Economic Complexity

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Bhutan-Nicaragua Trade: In 2019, Bhutan exported $164 to Nicaragua. The main products that Bhutan exported to Nicaragua were N/A. Over the past 14 years the exports of Bhutan to Nicaragua have decreased at an annualized rate of 27.4%, from $14.6k in 2005 to $164 in 2019.

In 2019, Bhutan did not export any services to Nicaragua.

Nicaragua-Bhutan In N/A, Nicaragua did not export any products to Bhutan.

In 2019, Nicaragua 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, Nicaragua ranked 110 in the Economic Complexity Index (ECI -0.97), and 111 in total exports ($7.92B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2019, Bhutan exported $164 to Nicaragua. There were not main exports from Bhutan to Nicaragua in 2019. During the last 14 years the exports of Bhutan to Nicaragua have decreased at an annualized rate of 27.4%, from $14.6k in 2005 to $164 in 2019.

Nicaragua does not register exports to Bhutan.

Exports from Bhutan () to Nicaragua () (2019)

Exports from Nicaragua () to Bhutan () (2019)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bhutan
Top DestinationIndia$343M

Nicaragua
Top DestinationUnited States$4.09B

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

In 2022, countries that imported more from Bhutan than Nicaragua included India ($343M), Nepal ($7.44M), and Singapore ($4.58M).

In 2022, countries that imported more from Nicaragua than Bhutan included United States ($4.09B), Mexico ($943M), and Honduras ($541M).

Difference in imports from Nicaragua () and Bhutan () (2022)

Comparative Advantage Bhutan - Nicaragua

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2019, Bhutan had a large net trade with Nicaragua in the exports of .

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Bhutan () to Nicaragua () (2019)

Exports from Nicaragua () to Bhutan () (2019)

Market Competitiveness

Difference in imports from Nicaragua () and Bhutan () (2022)

Comparative Advantage Bhutan - Nicaragua

Economic Complexity

Competitive Landscape

Product Space of Bhutan () and Nicaragua () (2019)

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