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Pricing

2022
Flag → Flag
Exports $4.51MRnk 190 / 211
2022
Flag → Flag
Top Product $3.68MCars
2022
Flag → Flag
Exports $444kRnk 12 / 73
2022
Flag → Flag
Top Product $301kOther Vegetables
2022
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
Flag  
GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
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GDP PC $33,815CURRENT US$
Rnk 32 / 186
2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186

About

Japan-Bhutan Trade: In 2022, Japan exported $4.51M to Bhutan. The main products that Japan exported to Bhutan were Cars ($3.68M), Gold ($369k), and Motor vehicles; parts and accessories (8701 to 8705) ($74k). Over the past 5 years the exports of Japan to Bhutan have decreased at an annualized rate of 15.4%, from $10.4M in 2017 to $4.51M in 2022.

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

Bhutan-Japan Trade: In 2022, Bhutan exported $444k to Japan. The main products that Bhutan exported to Japan were Other Vegetables ($301k), Perfume Plants ($93.3k), and Sowing Seeds ($13.4k). Over the past 5 years the exports of Bhutan to Japan have decreased at an annualized rate of 18.7%,  from $1.25M in 2017 to $444k in 2022.

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

Comparison In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07),  and 4 in total exports ($728B). That same year, Bhutan ranked 177 in total exports ($392M), and does not have data regarding Economic Complexity Index.

Latest Trends

July, 2024

About

Overview In July 2024, Japan exported ¥116M and imported ¥2.6M from Bhutan, resulting in a positive trade balance of ¥114M. Between July 2023 and July 2024 the exports of Japan have increased by ¥82.9M (248%) from ¥33.4M to ¥116M, while imports increased by ¥2.05M (369%) from ¥555k to ¥2.6M.

Trade In July 2024, the top exports of Japan to Bhutan were Cars (¥6.46M) and Commodities not elsewhere specified (¥843k). In July 2024 the top imports of Japan from Bhutan were Ferroalloys (¥11.3M) and Collector's Items (¥942k).

Origins In July 2024 the exports of Japan were mainly from Hiroshima (¥54.1M), Aichi (¥33.8M), Tokyo (¥28.1M), and Osaka (¥212k), while imports destinations were mainly Tokyo (¥2.6M).

Growth In July 2024, the increase in Japan's year-by-year exports to Bhutan was explained primarily by an increase in product exports in . In July 2024, the increase in Japan'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 (July 2023 - July 2024)¥82.9M(248%)
IMPORT GROWTH (July 2023 - July 2024)¥2.05M(369%)
MAIN EXPORTER (July 2024)Hiroshima¥54.1M

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

To check Bhutan and Japan 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 2022, Japan exported $4.51M to Bhutan. The main products exported from Japan to Bhutan were Cars ($3.68M), Gold ($369k), and Motor vehicles; parts and accessories (8701 to 8705) ($74k). During the last 5 years the exports of Japan to Bhutan have decreased at an annualized rate of 15.4%, from $10.4M in 2017 to $4.51M in 2022.

In 2017, Bhutan exported $444k to Japan. The main products exported from Bhutan to Japan were Other Vegetables ($301k), Perfume Plants ($93.3k), and Sowing Seeds ($13.4k). During the last 5 years the exports of Bhutan to Japan have decreased at an annualized rate of 18.7%, from $1.25M in 2022 to $444k in 2017.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Bhutan
Top DestinationIndia$343M

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

In 2022, countries that imported more from Japan than Bhutan included United States ($137B), China ($135B), and South Korea ($50.8B).

In 2022, no countries were registered that imported more from Bhutan than from Japan.

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

Comparative Advantage Japan - Bhutan

Flow
Scale

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

During 2022, Japan had a large net trade with Bhutan in the exports of Transportation ($3.75M), Precious Metals ($371k), and Machines ($153k).

During 2017, Bhutan had a large net trade with Japan in the exports of Vegetable Products ($417k), Arts and Antiques ($13.2k), and Textiles ($9.54k).

Economic Complexity

Competitive Landscape

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

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

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