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2023
Flag → Flag
Exports $19.1kRnk 208 / 212
2023
Flag → Flag
Top Product $8.24kHand Saws
2023
Flag → Flag
Exports $32Rnk 75 / 77
2023
Flag → Flag
Top Product $32Soap
2023
Flag
Economic Complexity (ECI) ECI 2Rnk 2 / 132

About

Chinese Taipei-Bhutan Trade: In 2023, Chinese Taipei exported $19.1k to Bhutan. The main products that Chinese Taipei exported to Bhutan were Hand Saws ($8.24k), Thermostats ($6.8k), and Padlocks ($2.08k). Over the past 5 years the exports of Chinese Taipei to Bhutan have decreased at an annualized rate of 53.5%, from $875k in 2018 to $19.1k in 2023.

In 2023, Chinese Taipei did not export any services to Bhutan.

Bhutan-Chinese Taipei Trade: In 2023, Bhutan exported $32 to Chinese Taipei. The main products that Bhutan exported to Chinese Taipei were Soap ($32). Over the past 5 years the exports of Bhutan to Chinese Taipei have decreased at an annualized rate of 73.3%,  from $23.4k in 2018 to $32 in 2023.

In 2023, Bhutan did not export any services to Chinese Taipei.

Comparison In 2023,  Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2),  and 11 in total exports ($509B). 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 2023, Chinese Taipei exported $19.1k to Bhutan. The main products exported from Chinese Taipei to Bhutan were Hand Saws ($8.24k), Thermostats ($6.8k), and Padlocks ($2.08k). During the last 5 years the exports of Chinese Taipei to Bhutan have decreased at an annualized rate of 53.5%, from $875k in 2018 to $19.1k in 2023.

In 2018, Bhutan exported $32 to Chinese Taipei. The main products exported from Bhutan to Chinese Taipei were Soap ($32). During the last 5 years the exports of Bhutan to Chinese Taipei have decreased at an annualized rate of 73.3%, from $23.4k in 2023 to $32 in 2018.

Exports from Chinese Taipei (Flag) to Bhutan (Flag) (2023)

Exports from Bhutan (Flag) to Chinese Taipei (Flag) (2023)

Market Competitiveness

Color
Chinese Taipei
Top DestinationChina$101B
Bhutan
Top DestinationIndia$421M

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

In 2023, countries that imported more from Chinese Taipei than Bhutan included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

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

Difference in imports from Bhutan (Flag) and Chinese Taipei (Flag) (2023)

Comparative Advantage Chinese Taipei - Bhutan

Flow
Scale

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

During 2023, Chinese Taipei had a large net trade with Bhutan in the exports of Metals ($10.3k), Instruments ($6.8k), and Machines ($1.96k).

During 2018, Bhutan had a large net trade with Chinese Taipei in the exports of Chemical Products ($32).

Economic Complexity

Competitive Landscape

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

Product Space of Chinese Taipei (Flag) and Bhutan (Flag) (2023)

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