2022
Flag  
GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
GDP PC 
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH
-17.1%CURRENT US$
Rnk 167 / 186

About

South Africa-Bhutan Trade: In 2022, South Africa exported $369k to Bhutan. The main products that South Africa exported to Bhutan were Wine ($349k), Hydrometers ($8.66k), and Medical Instruments ($6.38k). Over the past 5 years the exports of South Africa to Bhutan have increased at an annualized rate of 16.8%, from $170k in 2017 to $369k in 2022.

In 2022, South Africa did not export any services to Bhutan.

Bhutan-South Africa Trade: In 2022, Bhutan exported $1.22k to South Africa. The main products that Bhutan exported to South Africa were Engine Parts ($971), Electrical Transformers ($57), and Synthetic Reconstructed Jewellery Stones ($49). Over the past 5 years the exports of Bhutan to South Africa have decreased at an annualized rate of 59.9%,  from $118k in 2017 to $1.22k in 2022.

In 2022, Bhutan did not export any services to South Africa.

Comparison In 2022,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.076),  and 34 in total exports ($147B). 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, South Africa exported $369k to Bhutan. The main products exported from South Africa to Bhutan were Wine ($349k), Hydrometers ($8.66k), and Medical Instruments ($6.38k). During the last 5 years the exports of South Africa to Bhutan have increased at an annualized rate of 16.8%, from $170k in 2017 to $369k in 2022.

In 2017, Bhutan exported $1.22k to South Africa. The main products exported from Bhutan to South Africa were Engine Parts ($971), Electrical Transformers ($57), and Synthetic Reconstructed Jewellery Stones ($49). During the last 5 years the exports of Bhutan to South Africa have decreased at an annualized rate of 59.9%, from $118k in 2022 to $1.22k in 2017.

Exports from South Africa (Flag) to Bhutan (Flag) (2022)

Exports from Bhutan (Flag) to South Africa (Flag) (2022)

Market Competitiveness

Color
South Africa
Top Destination
China$23.4B
Bhutan
Top Destination
India$343M

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

In 2022, countries that imported more from South Africa than Bhutan included China ($23.4B), United States ($10.9B), and Germany ($9.96B).

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

Difference in imports from Bhutan (Flag) and South Africa (Flag) (2022)

Comparative Advantage South Africa - Bhutan

Flow
Scale

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

During 2022, South Africa had a large net trade with Bhutan in the exports of Foodstuffs ($349k), Instruments ($15k), and Chemical Products ($3.95k).

During 2017, Bhutan had a large net trade with South Africa in the exports of Machines ($1.13k), Precious Metals ($49), and Animal Hides ($37).

Economic Complexity

Competitive Landscape

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

Product Space of South Africa (Flag) and Bhutan (Flag) (2022)

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