2023
Flag
 GDP
$381BCURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP GROWTH
-5.04%CURRENT US$
Rnk 177 / 195
2023
Flag
GDP PC
$6,023CURRENT US$
Rnk 113 / 196
2013-2023
Flag
GDP PC GROWTH
-17.9%CURRENT US$
Rnk 178 / 195

About

Bhutan-South Africa Trade: In 2023, Bhutan exported $16.4k to South Africa. The main products that Bhutan exported to South Africa were Poultry Meat ($12.9k), Centrifuges ($3.39k), and Knit T-shirts ($65). Over the past 5 years the exports of Bhutan to South Africa have decreased at an annualized rate of 49.5%, from $500k in 2018 to $16.4k in 2023.

In 2023, Bhutan did not export any services to South Africa.

South Africa-Bhutan Trade: In 2023, South Africa exported $14 to Bhutan. The main products that South Africa exported to Bhutan were Brochures ($14). Over the past 5 years the exports of South Africa to Bhutan have decreased at an annualized rate of 85.4%,  from $208k in 2018 to $14 in 2023.

In 2023, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bhutan exported $16.4k to South Africa. The main products exported from Bhutan to South Africa were Poultry Meat ($12.9k), Centrifuges ($3.39k), and Knit T-shirts ($65). During the last 5 years the exports of Bhutan to South Africa have decreased at an annualized rate of 49.5%, from $500k in 2018 to $16.4k in 2023.

In 2018, South Africa exported $14 to Bhutan. The main products exported from South Africa to Bhutan were Brochures ($14). During the last 5 years the exports of South Africa to Bhutan have decreased at an annualized rate of 85.4%, from $208k in 2023 to $14 in 2018.

Exports from Bhutan (Flag) to South Africa (Flag) (2023)

Exports from South Africa (Flag) to Bhutan (Flag) (2023)

Latest Data

Trade between Bhutan (Flag) and South Africa (Flag)

South Africa Exports

Market Competitiveness

Color
Bhutan
Top Destination
India$421M
South Africa
Top Destination
China$29.5B

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

In 2023, no countries were registered that imported more from Bhutan than from South Africa.

In 2023, countries that imported more from South Africa than Bhutan included China ($29.5B), United States ($13B), and Germany ($10.8B).

Difference in imports from South Africa (Flag) and Bhutan (Flag) (2023)

Comparative Advantage Bhutan - South Africa

Flow
Scale

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

During 2023, Bhutan had a large net trade with South Africa in the exports of Animal Products ($12.9k), Machines ($3.39k), and Textiles ($128).

During 2018, South Africa had a large net trade with Bhutan in the exports of Paper Goods ($14).

Economic Complexity

Competitive Landscape

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

Product Space of Bhutan (Flag) and South Africa (Flag) (2023)

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