2022
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GDP
$185BCURRENT US$
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2012-2022
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GDP GROWTH
6.04%CURRENT US$
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2022
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GDP PC 
$43,233CURRENT US$
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2012-2022
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GDP PC GROWTH
-15.7%CURRENT US$
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About

Kuwait-Bhutan In 2015, Kuwait exported $29.9k to Bhutan. The main products that Kuwait exported to Bhutan are N/A. During the last 8 years the exports of Kuwait to Bhutan have decreased at an annualized rate of 32.3%, from $676k in 2007 to $29.9k in 2015.

In 2015, Kuwait did not export any services to Bhutan.

Bhutan-Kuwait In 2015, Bhutan exported $2.49k to Kuwait. The main products that Bhutan exported to Kuwait were Excavation Machinery ($1.83k) and Electrical Lighting and Signalling Equipment ($659). During the last 8 years the exports of Bhutan to Kuwait have increased at an annualized rate of 3.06%, from $1.96k in 2007 to $2.49k in 2015.

In 2015, Bhutan did not export any services to Kuwait.

Comparison In 2022,  Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44),  and 42 in total exports ($101B). 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 2015, Kuwait exported $29.9k to Bhutan. There were not main exports from Kuwait to Bhutan in 2015. During the last 8 years the exports of Kuwait to Bhutan have decreased at an annualized rate of 32.3%, from $676k in 2007 to $29.9k in 2015.

In 2022, Bhutan exported $2.49k to Kuwait. The main products exported from Bhutan to Kuwait were Excavation Machinery ($1.83k) and Electrical Lighting and Signalling Equipment ($659). During the last 16 years the exports of Bhutan to Kuwait have increased at an annualized rate of 3.06%, from $1.96k in 2006 to $2.49k in 2022.

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

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

Latest Data

Trade between Kuwait (Flag) and Bhutan (Flag)

Kuwait Exports

Date

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Bhutan
Top Destination
India$343M

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

In 2021, countries that imported more from Kuwait than Bhutan were China ($24.3B), India ($15B), and South Korea ($10.8B).

In 2021, countries that imported more from Bhutan than Kuwait were Nepal ($7.44M), Colombia ($7.42M), and Zambia ($6.34k).

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

Comparative Advantage Kuwait - Bhutan

Flow
Scale

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

During 2015, Kuwait had a large net trade with Bhutan in the exports of .

During 2022, Bhutan had a large net trade with Kuwait in the exports of Machines ($2.49k).

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 Kuwait has comparative advantage over Bhutan. Similarly, the more yellow a dot/product is, the more Bhutan has comparative advantage over Kuwait.

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

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