2023
Flag
 GDP
$83.3BCURRENT US$
Rnk 76 / 195
2013-2023
Flag
GDP GROWTH
77.5%CURRENT US$
Rnk 32 / 195
2023
Flag
GDP PC
$18,686CURRENT US$
Rnk 65 / 196
2013-2023
Flag
GDP PC GROWTH
52.3%CURRENT US$
Rnk 43 / 195

About

In N/A, Bhutan did not export any services to Panama.

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

In N/A, Panama 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, Panama ranked 69 in the Economic Complexity Index (ECI -0.14), and 121 in total exports ($6.59B).

Historical Data

Bilateral Trade by Products

Depth
Value
Year

Bhutan does not register exports to Panama. The main products exported from Bhutan to Panama were Plastic Housewares ($1.2k) and Aluminium Housewares ($1.05k).

Panama does not register exports to Bhutan.

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

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

Market Competitiveness

Color
Bhutan
Top Destination
India$421M
Panama
Top Destination
China$1.62B

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

In 2023, countries that imported more from Bhutan than Panama included India ($421M), Singapore ($1.75M), and Malawi ($47k).

In 2023, countries that imported more from Panama than Bhutan included China ($1.62B), Japan ($653M), and United States ($385M).

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

Comparative Advantage Bhutan - Panama

Flow
Scale
Year

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

Economic Complexity

Competitive Landscape

Year

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

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

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