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2023
Flag → Flag
Exports $2.4MRnk 196 / 223
2023
Flag → Flag
Top Product $1.94MHard Liquor
2023
Flag → Flag
Exports $704kRnk 13 / 77
2023
Flag → Flag
Top Product $317kElectrical Ignitions
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag  
GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC $49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195

About

United Kingdom-Bhutan Trade: In 2023, United Kingdom exported $2.4M to Bhutan. The main products that United Kingdom exported to Bhutan were Hard Liquor ($1.94M), Poultry Meat ($93.9k), and Jewellery ($78.1k). Over the past 5 years the exports of United Kingdom to Bhutan have increased at an annualized rate of 8.88%, from $1.57M in 2018 to $2.4M in 2023.

In 2023, United Kingdom did not export any services to Bhutan.

Bhutan-United Kingdom Trade: In 2023, Bhutan exported $704k to United Kingdom. The main products that Bhutan exported to United Kingdom were Electrical Ignitions ($317k), Audio Alarms ($157k), and Antiques ($112k). Over the past 5 years the exports of Bhutan to United Kingdom have decreased at an annualized rate of 38.9%,  from $8.25M in 2018 to $704k in 2023.

In 2023, Bhutan did not export any services to United Kingdom.

Comparison In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5),  and 14 in total exports ($429B). That same year, Bhutan ranked 170 in total exports ($456M), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2024

About

Overview In December 2024, United Kingdom exported £975k and imported £77.9k from Bhutan, resulting in a positive trade balance of £897k. Between December 2023 and December 2024 the exports of United Kingdom have increased by £567k (139%) from £408k to £975k, while imports increased by £75.6k (3.26k%) from £2.32k to £77.9k.

Trade In December 2024, the top exports of United Kingdom to Bhutan were Hard Liquor (£384k), Medical Instruments (£9k), Sports Equipment (£4.79k), and Commodities not elsewhere specified (£1.31k). In December 2024 the top imports of United Kingdom from Bhutan were Commodities not elsewhere specified (£2.99k).

Origins In December 2024 the exports of United Kingdom were mainly from East Midlands Airport (£28.2k) and London Heathrow Airport (£22.8k), while imports destinations were mainly London (£9.86k).

Growth In December 2024, the increase in United Kingdom's year-by-year exports to Bhutan was explained primarily by an increase in product exports in Hard Liquor (£247k or 181%). In December 2024, the increase in United Kingdom's year-by-year imports  from Bhutan was explained primarily by an increase in product imports  in Commodities not elsewhere specified (£1.78k or 147%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)£567k(139%)
IMPORT GROWTH (December 2023 - December 2024)£75.6k(3.26k%)
MAIN EXPORTER (December 2024)East Midlands Airport£28.2k

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

To check Bhutan and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Kingdom exported $2.4M to Bhutan. The main products exported from United Kingdom to Bhutan were Hard Liquor ($1.94M), Poultry Meat ($93.9k), and Jewellery ($78.1k). During the last 5 years the exports of United Kingdom to Bhutan have increased at an annualized rate of 8.88%, from $1.57M in 2018 to $2.4M in 2023.

In 2018, Bhutan exported $704k to United Kingdom. The main products exported from Bhutan to United Kingdom were Electrical Ignitions ($317k), Audio Alarms ($157k), and Antiques ($112k). During the last 5 years the exports of Bhutan to United Kingdom have decreased at an annualized rate of 38.9%, from $8.25M in 2023 to $704k in 2018.

Exports from United Kingdom (Flag) to Bhutan (Flag) (2023)

Exports from Bhutan (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$59.7B
Bhutan
Top DestinationIndia$421M

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

In 2023, countries that imported more from United Kingdom than Bhutan included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

In 2023, no countries were registered that imported more from Bhutan than from United Kingdom.

Difference in imports from Bhutan (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Bhutan

Flow
Scale

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

During 2023, United Kingdom had a large net trade with Bhutan in the exports of Foodstuffs ($1.94M), Chemical Products ($104k), and Animal Products ($93.9k).

During 2018, Bhutan had a large net trade with United Kingdom in the exports of Machines ($495k), Arts and Antiques ($112k), and Miscellaneous ($33.2k).

Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and Bhutan (Flag) (2023)

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