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2022
Exports $2.6kWorld Rnk 181 / 200
Flag Rnk 156 / 326
2022
Destination $1.45k France
2021 - 2022
FASTEST GROWING MARKET $1.45kFrance
2022
PRODUCT COMPLEXITY IN Navigation Equipment1.03Rnk 162 / 1025
2022
Imports $230kWorld Rnk 183 / 220
Flag Rnk 362 / 1049
2022
Origin $85.7k United States
2021 - 2022
FASTEST GROWING ORIGIN $85.7kUnited States

About

Exports In 2022, Bhutan exported $2.6k in Navigation Equipment, making it the 181st largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 156th most exported product in Bhutan. The main destination of Navigation Equipment exports from Bhutan are: France ($1.45k) and Singapore ($1.15k).

The fastest growing export markets for Navigation Equipment of Bhutan between 2021 and 2022 were France ($1.45k) and Singapore ($1.15k).

Imports In 2022, Bhutan imported $230k in Navigation Equipment, becoming the 183rd largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 362nd most imported product in Bhutan. Bhutan imports Navigation Equipment primarily from: United States ($91.5k), France ($51.2k), Singapore ($23.4k), Turkey ($18.4k), and China ($15.2k).

The fastest growing import markets in Navigation Equipment for Bhutan between 2021 and 2022 were United States ($85.7k), France ($51.2k), and Singapore ($23.4k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Navigation Equipment. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.6k
IMPORTS (2022)$230k
NET TRADE (2022)-$227k

In 2022, Bhutan exported $2.6k in Navigation Equipment. The main destinations of Bhutan exports on Navigation Equipment were France ($1.45k) and Singapore ($1.15k).

In 2022, Bhutan imported $230k in Navigation Equipment, mainly from United States ($91.5k), France ($51.2k), Singapore ($23.4k), Turkey ($18.4k), and China ($15.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR Bhutan WERE (2021 - 2022):
France$1.45k (1%)
Singapore$1.15k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY Bhutan WERE (2021 - 2022):Mozambique-$3.9k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bhutan's main exporting competitors in Navigation Equipment were:
China $3.22B
United States $2.61B
Germany $1.95B
In 2022, Bhutan's main importing competitors in Navigation Equipment were:
United States $3.89B
Germany $1.74B
China $1.5B

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Trade Value of Navigation Equipment by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

Navigation Equipment’s highest export potential is N/A. With an export gap of N/A.   Navigation Equipment’s highest import potential is N/A with an import gap of N/A.

See methodology.

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