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2022
Flag → Flag
Exports $17MRnk 134 / 215
2022
Flag → Flag
Top Product $2.81MBroadcasting Equipment
2022
Flag → Flag
Exports $4.58MRnk 5 / 73
2022
Flag → Flag
Top Product $3.69MAircraft Parts
2022
Flag
Economic Complexity (ECI) ECI 1.68Rnk 6 / 133
2022
Flag  
GDP$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH58.2%CURRENT US$
Rnk 42 / 186
2022
Flag
GDP PC $82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH49.1%CURRENT US$
Rnk 37 / 186

About

Singapore-Bhutan Trade: In 2022, Singapore exported $17M to Bhutan. The main products that Singapore exported to Bhutan were Broadcasting Equipment ($2.81M), Video Displays ($2.78M), and Cars ($2.24M). Over the past 5 years the exports of Singapore to Bhutan have increased at an annualized rate of 16.2%, from $8.02M in 2017 to $17M in 2022.

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

Bhutan-Singapore Trade: In 2022, Bhutan exported $4.58M to Singapore. The main products that Bhutan exported to Singapore were Aircraft Parts ($3.69M), Vegetable Saps ($321k), and Broadcasting Equipment ($158k). Over the past 5 years the exports of Bhutan to Singapore have increased at an annualized rate of 36.6%,  from $962k in 2017 to $4.58M in 2022.

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

Comparison In 2022,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.68),  and 21 in total exports ($379B). 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 2022, Singapore exported $17M to Bhutan. The main products exported from Singapore to Bhutan were Broadcasting Equipment ($2.81M), Video Displays ($2.78M), and Cars ($2.24M). During the last 5 years the exports of Singapore to Bhutan have increased at an annualized rate of 16.2%, from $8.02M in 2017 to $17M in 2022.

In 2017, Bhutan exported $4.58M to Singapore. The main products exported from Bhutan to Singapore were Aircraft Parts ($3.69M), Vegetable Saps ($321k), and Broadcasting Equipment ($158k). During the last 5 years the exports of Bhutan to Singapore have increased at an annualized rate of 36.6%, from $962k in 2022 to $4.58M in 2017.

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

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

Latest Data

Trade between Singapore (Flag) and Bhutan (Flag)

Singapore Exports

Market Competitiveness

Color
Singapore
Top DestinationHong Kong$51.6B
Bhutan
Top DestinationIndia$343M

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

In 2022, countries that imported more from Singapore than Bhutan included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

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

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

Comparative Advantage Singapore - Bhutan

Flow
Scale

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

During 2022, Singapore had a large net trade with Bhutan in the exports of Machines ($7.7M), Transportation ($3.13M), and Instruments ($2.3M).

During 2017, Bhutan had a large net trade with Singapore in the exports of Transportation ($3.69M), Vegetable Products ($437k), and Machines ($356k).

Economic Complexity

Competitive Landscape

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

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

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