2022
Flag
 GDP
$243BCURRENT US$
Rnk 51 / 186
2012-2022
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 106 / 186
2022
Flag
GDP PC
$7,126CURRENT US$
Rnk 89 / 186
2012-2022
Flag
GDP PC GROWTH
10%CURRENT US$
Rnk 116 / 186

About

Bhutan-Peru Trade: In 2022, Bhutan exported $31.5k to Peru. The main products that Bhutan exported to Peru were Excavation Machinery ($31.4k), Abrasive Powder ($101), and Motor vehicles; parts and accessories (8701 to 8705) ($20). Over the past 5 years the exports of Bhutan to Peru have decreased at an annualized rate of 0.71%, from $32.7k in 2017 to $31.5k in 2022.

In 2022, Bhutan did not export any services to Peru.

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

In 2022, Peru 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, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bhutan exported $31.5k to Peru. The main products exported from Bhutan to Peru were Excavation Machinery ($31.4k), Abrasive Powder ($101), and Motor vehicles; parts and accessories (8701 to 8705) ($20). During the last 5 years the exports of Bhutan to Peru have decreased at an annualized rate of 0.71%, from $32.7k in 2017 to $31.5k in 2022.

Peru does not register exports to Bhutan.

Exports from Bhutan (Flag) to Peru (Flag) (2022)

Exports from Peru (Flag) to Bhutan (Flag) (2022)

Market Competitiveness

Color
Bhutan
Top Destination
India$343M
Peru
Top Destination
China$17.6B

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

In 2022, countries that imported more from Bhutan than Peru included Nepal ($7.44M), Malawi ($109k), and Burundi ($11.5k).

In 2022, countries that imported more from Peru than Bhutan included China ($17.6B), United States ($8.69B), and Japan ($2.83B).

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

Comparative Advantage Bhutan - Peru

Flow
Scale

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

During 2022, Bhutan had a large net trade with Peru in the exports of Machines ($31.4k), Stone And Glass ($101), and Transportation ($20).

Economic Complexity

Competitive Landscape

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

Product Space of Bhutan (Flag) and Peru (Flag) (2022)

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