2022
Flag  
GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH
1.45%CURRENT US$
Rnk 164 / 186
2022
Flag
GDP PC 
$15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH
-0.49%CURRENT US$
Rnk 145 / 186

About

Russia-Bhutan Trade: In 2015, Russia exported $125k to Bhutan. The main products that Russia exported to Bhutan were N/A. Over the past 9 years the exports of Russia to Bhutan have decreased at an annualized rate of 42.9%, from $19.3M in 2006 to $125k in 2015.

In 2020, Russia exported services to Bhutan worth $26k, with Transportation ($24k), Financial services ($1k), and Other business services ($1k) being the largest in terms of value.

Bhutan-Russia In N/A, Bhutan did not export any products to Russia.

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

Comparison In 2022,  Russia ranked 47 in the Economic Complexity Index (ECI 0.43),  and 12 in total exports ($486B). 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, Russia exported $125k to Bhutan. There were not main exports from Russia to Bhutan in 2015. During the last 9 years the exports of Russia to Bhutan have decreased at an annualized rate of 42.9%, from $19.3M in 2006 to $125k in 2015.

Bhutan does not register exports to Russia.

Exports from Russia (Flag) to Bhutan (Flag) (2021)

Exports from Bhutan (Flag) to Russia (Flag) (2021)

Market Competitiveness

Color
Russia
Top Destination
China$101B
Bhutan
Top Destination
India$343M

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

In 2022, countries that imported more from Russia than Bhutan included China ($101B), India ($40.4B), and Germany ($27.7B).

In 2022, countries that imported more from Bhutan than Russia included Zambia ($6.34k) and Antigua and Barbuda ($5.76k).

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

Comparative Advantage Russia - Bhutan

Flow
Scale

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

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

Economic Complexity

Competitive Landscape

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

Product Space of Russia (Flag) and Bhutan (Flag) (2021)

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