Turkey (TUR) and Bhutan (BTN) Trade | The Observatory of Economic Complexity

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Turkey-Bhutan Trade: In 2023, Turkey exported $340k to Bhutan. The main products that Turkey exported to Bhutan were Vaccines, blood, antisera, toxins and cultures ($234k), Other Oily Seeds ($68.5k), and Confectionery Sugar ($15.3k). Over the past 5 years the exports of Turkey to Bhutan have increased at an annualized rate of 12.8%, from $186k in 2018 to $340k in 2023.

In 2023, Turkey did not export any services to Bhutan.

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

In 2023, Bhutan did not export any services to Turkey.

Comparison In 2023, Turkey ranked 41 in the Economic Complexity Index (ECI 0.62), and 28 in total exports ($272B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Turkey exported $340k to Bhutan. The main products exported from Turkey to Bhutan were Vaccines, blood, antisera, toxins and cultures ($234k), Other Oily Seeds ($68.5k), and Confectionery Sugar ($15.3k). During the last 5 years the exports of Turkey to Bhutan have increased at an annualized rate of 12.8%, from $186k in 2018 to $340k in 2023.

Bhutan does not register exports to Turkey. The main products exported from Bhutan to Turkey were Low-voltage Protection Equipment ($701), Rubber Pipes ($545), and Tool Sets ($325).

Exports from Turkey () to Bhutan () (2023)

Exports from Bhutan () to Turkey () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Turkey
Top DestinationGermany$24.7B

Bhutan
Top DestinationIndia$421M

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

In 2023, countries that imported more from Turkey than Bhutan included Germany ($24.7B), United States ($15.9B), and United Kingdom ($15.1B).

In 2023, no countries were registered that imported more from Bhutan than from Turkey.

Difference in imports from Bhutan () and Turkey () (2023)

Comparative Advantage Turkey - Bhutan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Turkey had a large net trade with Bhutan in the exports of Chemical Products ($234k), Vegetable Products ($68.5k), and Foodstuffs ($20.8k).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Turkey () to Bhutan () (2023)

Exports from Bhutan () to Turkey () (2023)

Market Competitiveness

Difference in imports from Bhutan () and Turkey () (2023)

Comparative Advantage Turkey - Bhutan

Economic Complexity

Competitive Landscape

Product Space of Turkey () and Bhutan () (2023)

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