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2022
Flag → Flag
Exports $8.33kRnk 209 / 210
2022
Flag → Flag
Top Product $6.15kThermostats
2022
Flag → Flag
Exports $11.8kRnk 33 / 73
2022
Flag → Flag
Top Product $6.25kHard Liquor
2022
Flag
Economic Complexity (ECI) ECI 1.94Rnk 3 / 133

About

Chinese Taipei-Bhutan Trade: In 2022, Chinese Taipei exported $8.33k to Bhutan. The main products that Chinese Taipei exported to Bhutan were Thermostats ($6.15k) and Gas and Liquid Flow Measuring Instruments ($2.18k). Over the past 5 years the exports of Chinese Taipei to Bhutan have decreased at an annualized rate of 42%, from $127k in 2017 to $8.33k in 2022.

In 2022, Chinese Taipei did not export any services to Bhutan.

Bhutan-Chinese Taipei Trade: In 2022, Bhutan exported $11.8k to Chinese Taipei. The main products that Bhutan exported to Chinese Taipei were Hard Liquor ($6.25k), Shaving Products ($5.47k), and Soap ($34). Over the past 5 years the exports of Bhutan to Chinese Taipei have decreased at an annualized rate of 3.63%,  from $14.1k in 2017 to $11.8k in 2022.

In 2022, Bhutan did not export any services to Chinese Taipei.

Comparison In 2022,  Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94),  and 11 in total exports ($542B). 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, Chinese Taipei exported $8.33k to Bhutan. The main products exported from Chinese Taipei to Bhutan were Thermostats ($6.15k) and Gas and Liquid Flow Measuring Instruments ($2.18k). During the last 5 years the exports of Chinese Taipei to Bhutan have decreased at an annualized rate of 42%, from $127k in 2017 to $8.33k in 2022.

In 2017, Bhutan exported $11.8k to Chinese Taipei. The main products exported from Bhutan to Chinese Taipei were Hard Liquor ($6.25k), Shaving Products ($5.47k), and Soap ($34). During the last 5 years the exports of Bhutan to Chinese Taipei have decreased at an annualized rate of 3.63%, from $14.1k in 2022 to $11.8k in 2017.

Exports from Chinese Taipei (Flag) to Bhutan (Flag) (2022)

Exports from Bhutan (Flag) to Chinese Taipei (Flag) (2022)

Market Competitiveness

Color
Chinese Taipei
Top DestinationN/AN/A
Bhutan
Top DestinationN/AN/A

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.

N/A

N/A

Difference in imports from Bhutan (Flag) and Chinese Taipei (Flag) (2022)

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 2022, Chinese Taipei had a large net trade with Bhutan in the exports of Instruments ($8.33k).

During 2017, Bhutan had a large net trade with Chinese Taipei in the exports of Foodstuffs ($6.25k) and Chemical Products ($5.51k).

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) (2022)

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