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2022
Flag → Flag
Exports $291kRnk 14 / 73
2022
Flag → Flag
Top Product $86.9kPlywood
2022
Flag → Flag
Exports $4.73MRnk 199 / 219
2022
Flag → Flag
Top Product $1.52MVaccines, blood, antisera, toxins and cultures
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag
 GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
GDP PC$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186

About

Bhutan-United States Trade: In 2022, Bhutan exported $291k to United States. The main products that Bhutan exported to United States were Plywood ($86.9k), Water ($58.2k), and Diamonds ($47.8k). Over the past 5 years the exports of Bhutan to United States have decreased at an annualized rate of 24.7%, from $1.2M in 2017 to $291k in 2022.

In 2022, Bhutan did not export any services to United States.

United States-Bhutan Trade: In 2022, United States exported $4.73M to Bhutan. The main products that United States exported to Bhutan were Vaccines, blood, antisera, toxins and cultures ($1.52M), Sports Equipment ($1.21M), and Office Machine Parts ($511k). Over the past 5 years the exports of United States to Bhutan have decreased at an annualized rate of 32.9%,  from $34.8M in 2017 to $4.73M in 2022.

In 2022, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bhutan exported $291k to United States. The main products exported from Bhutan to United States were Plywood ($86.9k), Water ($58.2k), and Diamonds ($47.8k). During the last 5 years the exports of Bhutan to United States have decreased at an annualized rate of 24.7%, from $1.2M in 2017 to $291k in 2022.

In 2017, United States exported $4.73M to Bhutan. The main products exported from United States to Bhutan were Vaccines, blood, antisera, toxins and cultures ($1.52M), Sports Equipment ($1.21M), and Office Machine Parts ($511k). During the last 5 years the exports of United States to Bhutan have decreased at an annualized rate of 32.9%, from $34.8M in 2022 to $4.73M in 2017.

Exports from Bhutan (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Bhutan (Flag) (2022)

Latest Data

Trade between Bhutan (Flag) and United States (Flag)

United States Exports

Market Competitiveness

Color
Bhutan
Top DestinationIndia$343M
United States
Top DestinationCanada$308B

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

In 2022, no countries were registered that imported more from Bhutan than from United States.

In 2022, countries that imported more from United States than Bhutan included Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Bhutan (Flag) (2022)

Comparative Advantage Bhutan - United States

Flow
Scale

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

During 2022, Bhutan had a large net trade with United States in the exports of Wood Products ($86.9k), Foodstuffs ($72.4k), and Precious Metals ($47.8k).

During 2017, United States had a large net trade with Bhutan in the exports of Chemical Products ($1.63M), Miscellaneous ($1.21M), and Machines ($1.19M).

Economic Complexity

Competitive Landscape

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

Product Space of Bhutan (Flag) and United States (Flag) (2022)

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