2022
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GDP
$522BCURRENT US$
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2012-2022
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GDP GROWTH
99%CURRENT US$
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2022
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GDP PC 
$54,660CURRENT US$
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2012-2022
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GDP PC GROWTH
64.9%CURRENT US$
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About

Israel-Bhutan In 2022, Israel exported $151k to Bhutan. The main products that Israel exported to Bhutan are Broadcasting Equipment ($122k), Bi-Wheel Vehicle Parts ($17k), and Textile Scraps ($5k). During the last 20 years the exports of Israel to Bhutan have increased at an annualized rate of 6.74%, from $41k in 2002 to $151k in 2022.

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

Bhutan-Israel In 2022, Bhutan exported $1k to Israel. The main products that Bhutan exported to Israel were N/A. During the last 20 years the exports of Bhutan to Israel have decreased at an annualized rate of 28.5%, from $822k in 2002 to $1k in 2022.

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

Comparison In 2022,  Israel ranked 19 in the Economic Complexity Index (ECI 1.17),  and 49 in total exports ($76.9B). 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
Value

In 2022, Israel exported $151k to Bhutan. The main products exported from Israel to Bhutan were Broadcasting Equipment ($122k), Bi-Wheel Vehicle Parts ($17k), and Textile Scraps ($5k). During the last 20 years the exports of Israel to Bhutan have increased at an annualized rate of 6.74%, from $41k in 2002 to $151k in 2022.

In 2019, Bhutan exported $1k to Israel. There were not main exports from Bhutan to Israel in 2019. During the last 13 years the exports of Bhutan to Israel have decreased at an annualized rate of 28.5%, from $822k in 2006 to $1k in 2019.

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

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

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
Bhutan
Top Destination
India$343M

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

In 2021, countries that imported more from Israel than Bhutan were United States ($20.3B), China ($5.53B), and Palestine ($4.6B).

In 2021, countries that imported more from Bhutan than Israel were Kuwait ($2.49k) and Lebanon ($558).

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

Comparative Advantage Israel - Bhutan

Flow
Scale

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

During 2022, Israel had a large net trade with Bhutan in the exports of Machines ($129k), Transportation ($17k), and Textiles ($5k).

During 2019, Bhutan had a large net trade with Israel in the exports of .

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Israel has comparative advantage over Bhutan. Similarly, the more yellow a dot/product is, the more Bhutan has comparative advantage over Israel.

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

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