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Flag → Flag
Exports $15kRnk 132 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.87Rnk 107 / 133

About

In N/A, Venezuela did not export any services to Bhutan.

Bhutan-Venezuela Trade: In N/A, Bhutan exported $15k to Venezuela. The main products that Bhutan exported to Venezuela were N/A. Over the past N/A years the exports of Bhutan to Venezuela have decreased at an annualized rate of 17.7%,  from $408k in N/A to $15k in N/A.

In N/A, Bhutan did not export any services to Venezuela.

Comparison In 2022,  Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87),  and 132 in total exports ($4.3B). 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

Venezuela does not register exports to Bhutan.

In 2007, Bhutan exported $15k to Venezuela. There were not main exports from Bhutan to Venezuela in 2007. During the last 5 years the exports of Bhutan to Venezuela have decreased at an annualized rate of 17.7%, from $408k in 2012 to $15k in 2007.

Exports from Venezuela (Flag) to Bhutan (Flag) (2012)

Exports from Bhutan (Flag) to Venezuela (Flag) (2012)

Market Competitiveness

Color
Venezuela
Top DestinationChina$703M
Bhutan
Top DestinationIndia$343M

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

In 2022, countries that imported more from Venezuela than Bhutan included China ($703M), Turkey ($597M), and Spain ($518M).

In 2022, countries that imported more from Bhutan than Venezuela included India ($343M), Nepal ($7.44M), and Singapore ($4.58M).

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

Comparative Advantage Venezuela - Bhutan

Flow
Scale

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

During 2007, Bhutan had a large net trade with Venezuela in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Venezuela (Flag) and Bhutan (Flag) (2012)

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