Sign In
Pricing

2022
Flag → Flag
Exports $263kRnk 200 / 215
2022
Flag → Flag
Top Product $102kWoodworking machines
2022
Flag → Flag
Exports $20.3kRnk 31 / 73
2022
Flag → Flag
Top Product $17.7kAluminium Cans
2022
Flag
Economic Complexity (ECI) ECI 0.92Rnk 31 / 133
2022
Flag  
GDP$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH17%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC $54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 186

About

Canada-Bhutan Trade: In 2022, Canada exported $263k to Bhutan. The main products that Canada exported to Bhutan were Woodworking machines ($102k), Metalworking Machine Parts ($64k), and Hand Saws ($40.4k). Over the past 5 years the exports of Canada to Bhutan have decreased at an annualized rate of 8.17%, from $403k in 2017 to $263k in 2022.

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

Bhutan-Canada Trade: In 2022, Bhutan exported $20.3k to Canada. The main products that Bhutan exported to Canada were Aluminium Cans ($17.7k), Rubber Pipes ($838), and Vacuum Cleaners ($605). Over the past 5 years the exports of Bhutan to Canada have decreased at an annualized rate of 44%,  from $368k in 2017 to $20.3k in 2022.

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

Comparison In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92),  and 9 in total exports ($587B). That same year, Bhutan ranked 177 in total exports ($392M), and does not have data regarding Economic Complexity Index.

Latest Trends

June, 2024

About

Overview In June 2024, Canada exported C$86.7k and imported C$8.55k from Bhutan, resulting in a positive trade balance of C$78.1k. Between June 2023 and June 2024 the exports of Canada have increased by C$69.2k (397%) from C$17.4k to C$86.7k, while imports increased by C$4.8k (128%) from C$3.75k to C$8.55k.

Trade In June 2024, the top exports of Canada to Bhutan were Cutting Blades (C$2.15k), Interchangeable Tool Parts (C$192), Metalworking Machine Parts (C$143), and Valves (C$33). In June 2024 the top imports of Canada from Bhutan were Other Engines (C$3.9k) and Insulated Wire (C$39).

Origins In June 2024 the exports of Canada were mainly from N/A, while imports destinations were mainly British Columbia (C$8.34k) and Ontario (C$203).

Growth In June 2024, the increase in Canada's year-by-year exports to Bhutan was explained primarily by an increase in product exports in . In August 2024, the increase in Canada's year-by-year imports  from Bhutan was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)C$69.2k(397%)
IMPORT GROWTH (August 2023 - August 2024)C$4.8k(128%)

This section shows exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Canada over time.

To check Bhutan and Canada trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Bhutan and Canada Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $263k to Bhutan. The main products exported from Canada to Bhutan were Woodworking machines ($102k), Metalworking Machine Parts ($64k), and Hand Saws ($40.4k). During the last 5 years the exports of Canada to Bhutan have decreased at an annualized rate of 8.17%, from $403k in 2017 to $263k in 2022.

In 2017, Bhutan exported $20.3k to Canada. The main products exported from Bhutan to Canada were Aluminium Cans ($17.7k), Rubber Pipes ($838), and Vacuum Cleaners ($605). During the last 5 years the exports of Bhutan to Canada have decreased at an annualized rate of 44%, from $368k in 2022 to $20.3k in 2017.

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

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

Market Competitiveness

Color
Canada
Top DestinationN/AN/A
Bhutan
Top DestinationN/AN/A

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

N/A

N/A

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

Comparative Advantage Canada - Bhutan

Flow
Scale

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

During 2022, Canada had a large net trade with Bhutan in the exports of Machines ($180k), Metals ($47.1k), and Instruments ($36.5k).

During 2017, Bhutan had a large net trade with Canada in the exports of Metals ($17.8k), Plastics and Rubbers ($838), and Machines ($807).

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms