2023
Flag  
GDP
$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH
41.6%CURRENT US$
Rnk 90 / 195
2023
Flag
GDP PC 
$32,094CURRENT US$
Rnk 44 / 195
2013-2023
Flag
GDP PC GROWTH
17.6%CURRENT US$
Rnk 109 / 195

About

Saudi Arabia-Bhutan Trade: In 2014, Saudi Arabia exported $59.8k to Bhutan. The main products that Saudi Arabia exported to Bhutan were N/A. Over the past 6 years the exports of Saudi Arabia to Bhutan have decreased at an annualized rate of 44.7%, from $2.09M in 2008 to $59.8k in 2014.

In 2014, Saudi Arabia did not export any services to Bhutan.

Bhutan-Saudi Arabia Trade: In 2014, Bhutan exported $1.82k to Saudi Arabia. The main products that Bhutan exported to Saudi Arabia were Other Plastic Products ($1.48k) and Non-Knit Active Wear ($347). Over the past 6 years the exports of Bhutan to Saudi Arabia have decreased at an annualized rate of 35.6%,  from $95.4k in 2008 to $1.82k in 2014.

In 2014, Bhutan did not export any services to Saudi Arabia.

Comparison In 2023,  Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76),  and 26 in total exports ($300B). 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 2014, Saudi Arabia exported $59.8k to Bhutan. There were not main exports from Saudi Arabia to Bhutan in 2014. During the last 6 years the exports of Saudi Arabia to Bhutan have decreased at an annualized rate of 44.7%, from $2.09M in 2008 to $59.8k in 2014.

In 2018, Bhutan exported $1.82k to Saudi Arabia. The main products exported from Bhutan to Saudi Arabia were Other Plastic Products ($1.48k) and Non-Knit Active Wear ($347). During the last 5 years the exports of Bhutan to Saudi Arabia have decreased at an annualized rate of 35.6%, from $95.4k in 2023 to $1.82k in 2018.

Exports from Saudi Arabia (Flag) to Bhutan (Flag) (2023)

Exports from Bhutan (Flag) to Saudi Arabia (Flag) (2023)

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$64.4B
Bhutan
Top Destination
India$421M

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

In 2023, countries that imported more from Saudi Arabia than Bhutan included China ($64.4B), Japan ($34.7B), and India ($34.8B).

In 2023, countries that imported more from Bhutan than Saudi Arabia included Israel ($1k).

Difference in imports from Bhutan (Flag) and Saudi Arabia (Flag) (2023)

Comparative Advantage Saudi Arabia - Bhutan

Flow
Scale

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

During 2014, Saudi Arabia had a large net trade with Bhutan in the exports of .

During 2018, Bhutan had a large net trade with Saudi Arabia in the exports of Plastics and Rubbers ($1.48k) and Textiles ($347).

Economic Complexity

Competitive Landscape

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

Product Space of Saudi Arabia (Flag) and Bhutan (Flag) (2023)

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