2022
Flag
 GDP
$495BCURRENT US$
Rnk 29 / 186
2012-2022
Flag
GDP GROWTH
24.6%CURRENT US$
Rnk 111 / 186
2022
Flag
GDP PC
$6,909CURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP PC GROWTH
20.2%CURRENT US$
Rnk 87 / 186

About

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

Thailand-Bhutan Trade: In N/A, Thailand exported $24.7M to Bhutan. The main products that Thailand exported to Bhutan were Light Synthetic Cotton Fabrics ($8.19M), Dried Fruits ($2.18M), and Textile Scraps ($1.25M). Over the past N/A years the exports of Thailand to Bhutan have decreased at an annualized rate of 10.2%,  from $47.1M in N/A to $24.7M in N/A.

In N/A, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth
Value

Bhutan does not register exports to Thailand. The main products exported from Bhutan to Thailand were Hard Liquor ($24.9k), Used Rubber Tires ($9.9k), and Aircraft Parts ($7.89k).

In 2017, Thailand exported $24.7M to Bhutan. The main products exported from Thailand to Bhutan were Light Synthetic Cotton Fabrics ($8.19M), Dried Fruits ($2.18M), and Textile Scraps ($1.25M). During the last 5 years the exports of Thailand to Bhutan have decreased at an annualized rate of 10.2%, from $47.1M in 2022 to $24.7M in 2017.

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

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

Latest Data

Trade between Bhutan (Flag) and Thailand (Flag)

Thailand Exports

Market Competitiveness

Color
Bhutan
Top Destination
N/AN/A
Thailand
Top Destination
N/AN/A

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

N/A

N/A

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

Comparative Advantage Bhutan - Thailand

Flow
Scale

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

During 2017, Thailand had a large net trade with Bhutan in the exports of Textiles ($11.8M), Foodstuffs ($4.18M), and Vegetable Products ($2.22M).

Economic Complexity

Competitive Landscape

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

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

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