2022
Flag  
GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
GDP PC 
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 186

About

Colombia-Bhutan In 2001, Colombia exported $2.97k to Bhutan. The main products that Colombia exported to Bhutan are N/A. During the last 6 years the exports of Colombia to Bhutan have decreased at an annualized rate of 22.7%, from $13.9k in 1995 to $2.97k in 2001.

In 2001, Colombia did not export any services to Bhutan.

Bhutan-Colombia In 2001, Bhutan exported $7.42M to Colombia. The main products that Bhutan exported to Colombia were Vaccines, blood, antisera, toxins and cultures ($7.41M), Hydrometers ($2.36k), and Transmissions ($914). During the last 6 years the exports of Bhutan to Colombia have increased at an annualized rate of 163%, from $22.6k in 1995 to $7.42M in 2001.

In 2001, Bhutan did not export any services to Colombia.

Comparison In 2022,  Colombia ranked 57 in the Economic Complexity Index (ECI 0.094),  and 53 in total exports ($60.3B). 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

In 2001, Colombia exported $2.97k to Bhutan. There were not main exports from Colombia to Bhutan in 2001. During the last 6 years the exports of Colombia to Bhutan have decreased at an annualized rate of 22.7%, from $13.9k in 1995 to $2.97k in 2001.

In 2022, Bhutan exported $7.42M to Colombia. The main products exported from Bhutan to Colombia were Vaccines, blood, antisera, toxins and cultures ($7.41M), Hydrometers ($2.36k), and Transmissions ($914). During the last 27 years the exports of Bhutan to Colombia have increased at an annualized rate of 163%, from $22.6k in 1995 to $7.42M in 2022.

Exports from Colombia (Flag) to Bhutan (Flag) (2022)

Exports from Bhutan (Flag) to Colombia (Flag) (2022)

Market Competitiveness

Color
Colombia
Top Destination
United States$15.6B
Bhutan
Top Destination
India$343M

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

In 2021, countries that imported more from Colombia than Bhutan were United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

In 2021, countries that imported more from Bhutan than Colombia were Nepal ($7.44M) and Malawi ($109k).

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

Comparative Advantage Colombia - Bhutan

Flow
Scale

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

During 2001, Colombia had a large net trade with Bhutan in the exports of .

During 2022, Bhutan had a large net trade with Colombia in the exports of Chemical Products ($7.41M), Instruments ($2.36k), and Machines ($1.04k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Colombia has comparative advantage over Bhutan. Similarly, the more yellow a dot/product is, the more Bhutan has comparative advantage over Colombia.

Product Space of Colombia (Flag) and Bhutan (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with