About

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

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

In N/A, Venezuela 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, Venezuela ranked 100 in the Economic Complexity Index (ECI -0.82), and 113 in total exports ($7.63B).

Historical Data

Bilateral Trade by Products

Depth
Value

Bhutan does not register exports to Venezuela.

Venezuela does not register exports to Bhutan.

Exports from Bhutan (Flag) to Venezuela (Flag) (2012)

Exports from Venezuela (Flag) to Bhutan (Flag) (2012)

Market Competitiveness

Color
Bhutan
Top Destination
India$421M
Venezuela
Top Destination
United States$3.81B

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

In 2023, countries that imported more from Bhutan than Venezuela included India ($421M), Malawi ($47k), and Namibia ($3.86k).

In 2023, countries that imported more from Venezuela than Bhutan included United States ($3.81B), China ($739M), and Spain ($670M).

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

Comparative Advantage Bhutan - Venezuela

Flow
Scale

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

Economic Complexity

Competitive Landscape

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

Product Space of Bhutan (Flag) and Venezuela (Flag) (2012)

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