2023
Flag  
GDP
$164BCURRENT US$
Rnk 58 / 195
2013-2023
Flag
GDP GROWTH
-6.01%CURRENT US$
Rnk 178 / 195
2023
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GDP PC 
$33,730CURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP PC GROWTH
-32.1%CURRENT US$
Rnk 187 / 195

About

Kuwait-Bhutan Trade: In 2015, Kuwait exported $29.9k to Bhutan. The main products that Kuwait exported to Bhutan were N/A. Over the past 7 years the exports of Kuwait to Bhutan have decreased at an annualized rate of 16%, from $101k in 2008 to $29.9k in 2015.

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

Bhutan-Kuwait Trade: In 2015, Bhutan exported $524 to Kuwait. The main products that Bhutan exported to Kuwait were Knit Men's Coats ($355) and Non-Knit Women's Suits ($169). Over the past 7 years the exports of Bhutan to Kuwait have increased at an annualized rate of 9.69%,  from $330 in 2008 to $524 in 2015.

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

Comparison In 2023,  Kuwait ranked 53 in the Economic Complexity Index (ECI 0.21),  and 47 in total exports ($71B). That same year, Bhutan ranked 170 in total exports ($456M), 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 7 years the exports of Kuwait to Bhutan have decreased at an annualized rate of 16%, from $101k in 2008 to $29.9k in 2015.

In 2018, Bhutan exported $524 to Kuwait. The main products exported from Bhutan to Kuwait were Knit Men's Coats ($355) and Non-Knit Women's Suits ($169). During the last 5 years the exports of Bhutan to Kuwait have increased at an annualized rate of 9.69%, from $330 in 2023 to $524 in 2018.

Exports from Kuwait (Flag) to Bhutan (Flag) (2023)

Exports from Bhutan (Flag) to Kuwait (Flag) (2023)

Latest Data

Trade between Kuwait (Flag) and Bhutan (Flag)

Kuwait Exports

Date

Market Competitiveness

Color
Kuwait
Top Destination
China$17.4B
Bhutan
Top Destination
India$421M

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 2023, countries that imported more from Kuwait than Bhutan included China ($17.4B), Japan ($9.13B), and India ($9.51B).

In 2023, countries that imported more from Bhutan than Kuwait included Namibia ($3.86k), Israel ($1k), and Bolivia ($173).

Difference in imports from Bhutan (Flag) and Kuwait (Flag) (2023)

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 2018, Bhutan had a large net trade with Kuwait in the exports of Textiles ($524).

Economic Complexity

Competitive Landscape

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

Product Space of Kuwait (Flag) and Bhutan (Flag) (2023)

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