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2022
Flag → Flag
Exports $3.99MRnk 22 / 149
2022
Flag → Flag
Top Product $3.38MSlag Dross
2022
Flag → Flag
Exports $7.44MRnk 3 / 73
2022
Flag → Flag
Top Product $7.36MGypsum
2022
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GDP$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
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GDP GROWTH88.1%CURRENT US$
Rnk 21 / 186
2022
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GDP PC $1,337CURRENT US$
Rnk 160 / 186
2012-2022
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GDP PC GROWTH68.3%CURRENT US$
Rnk 18 / 186

About

Nepal-Bhutan In 2022, Nepal exported $3.99M to Bhutan. The main products that Nepal exported to Bhutan are Slag Dross ($3.38M), Non-Knit Women's Suits ($141k), and Iron Structures ($129k). During the last 24 years the exports of Nepal to Bhutan have increased at an annualized rate of 5.43%, from $1.12M in 1998 to $3.99M in 2022.

In 2022, Nepal did not export any services to Bhutan.

Bhutan-Nepal In 2022, Bhutan exported $7.44M to Nepal. The main products that Bhutan exported to Nepal were Gypsum ($7.36M), Liquid Pumps ($35.5k), and Surveying Equipment ($22.5k). During the last 24 years the exports of Bhutan to Nepal have increased at an annualized rate of 11.1%, from $594k in 1998 to $7.44M in 2022.

In 2022, Bhutan did not export any services to Nepal.

Comparison In 2022,  Nepal ranked 153 in total exports ($1.43B). That same year, Bhutan ranked 177 in total exports ($392M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nepal exported $3.99M to Bhutan. The main products exported from Nepal to Bhutan were Slag Dross ($3.38M), Non-Knit Women's Suits ($141k), and Iron Structures ($129k). During the last 24 years the exports of Nepal to Bhutan have increased at an annualized rate of 5.43%, from $1.12M in 1998 to $3.99M in 2022.

In 2022, Bhutan exported $7.44M to Nepal. The main products exported from Bhutan to Nepal were Gypsum ($7.36M), Liquid Pumps ($35.5k), and Surveying Equipment ($22.5k). During the last 24 years the exports of Bhutan to Nepal have increased at an annualized rate of 11.1%, from $594k in 1998 to $7.44M in 2022.

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

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

Market Competitiveness

Color
Nepal
Top DestinationIndia$956M
Bhutan
Top DestinationIndia$343M

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

In 2021, countries that imported more from Nepal than Bhutan were India ($956M), United States ($152M), and Germany ($43M).

In 2021, countries that imported more from Bhutan than Nepal were Colombia ($7.42M), Italy ($18.5M), and Indonesia ($1.51M).

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

Comparative Advantage Nepal - Bhutan

Flow
Scale

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

During 2022, Nepal had a large net trade with Bhutan in the exports of Mineral Products ($3.38M), Metals ($184k), and Textiles ($149k).

During 2022, Bhutan had a large net trade with Nepal in the exports of Mineral Products ($7.36M), Machines ($35.5k), and Instruments ($22.5k).

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 Nepal has comparative advantage over Bhutan. Similarly, the more yellow a dot/product is, the more Bhutan has comparative advantage over Nepal.

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

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