Indonesia (IDN) and Bhutan (BTN) Trade | The Observatory of Economic Complexity

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Indonesia-Bhutan Trade: In 2022, Indonesia exported $67.5M to Bhutan. The main products that Indonesia exported to Bhutan were Other Electrical Machinery ($66.1M), Insulated Wire ($1.3M), and Bicycles, delivery tricycles, other cycles ($52.7k). Over the past 5 years the exports of Indonesia to Bhutan have increased at an annualized rate of 151%, from $673k in 2017 to $67.5M in 2022.

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

Bhutan-Indonesia Trade: In 2022, Bhutan exported $1.51M to Indonesia. The main products that Bhutan exported to Indonesia were Ferroalloys ($1.51M), Perfume Plants ($516), and Insulated Wire ($19). Over the past 5 years the exports of Bhutan to Indonesia have increased at an annualized rate of 320%, from $1.16k in 2017 to $1.51M in 2022.

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

Comparison In 2022, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B). That same year, Bhutan ranked 177 in total exports ($392M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Indonesia exported $67.5M to Bhutan. The main products exported from Indonesia to Bhutan were Other Electrical Machinery ($66.1M), Insulated Wire ($1.3M), and Bicycles, delivery tricycles, other cycles ($52.7k). During the last 5 years the exports of Indonesia to Bhutan have increased at an annualized rate of 151%, from $673k in 2017 to $67.5M in 2022.

In 2017, Bhutan exported $1.51M to Indonesia. The main products exported from Bhutan to Indonesia were Ferroalloys ($1.51M), Perfume Plants ($516), and Insulated Wire ($19). During the last 5 years the exports of Bhutan to Indonesia have increased at an annualized rate of 320%, from $1.16k in 2022 to $1.51M in 2017.

Exports from Indonesia () to Bhutan () (2022)

Exports from Bhutan () to Indonesia () (2022)

Latest Data

Trade between Indonesia () and Bhutan ()

Indonesia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Indonesia
Top DestinationN/AN/A

Bhutan
Top DestinationN/AN/A

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

N/A

Difference in imports from Bhutan () and Indonesia () (2022)

Comparative Advantage Indonesia - Bhutan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Indonesia had a large net trade with Bhutan in the exports of Machines ($67.4M), Transportation ($54.5k), and Footwear and Headwear ($1.73k).

During 2017, Bhutan had a large net trade with Indonesia in the exports of Metals ($1.51M), Vegetable Products ($516), and Machines ($19).

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Indonesia () to Bhutan () (2022)

Exports from Bhutan () to Indonesia () (2022)

Latest Data

Trade between Indonesia () and Bhutan ()

Indonesia Exports

Market Competitiveness

Difference in imports from Bhutan () and Indonesia () (2022)

Comparative Advantage Indonesia - Bhutan

Economic Complexity

Competitive Landscape

Product Space of Indonesia () and Bhutan () (2022)

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