Bhutan (BTN) and Russia (RUS) Trade | The Observatory of Economic Complexity

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Bhutan-Russia In 2021, Bhutan exported $9.51k to Russia. The main products that Bhutan exported to Russia are N/A. During the last 18 years the exports of Bhutan to Russia have increased at an annualized rate of 52.1%, from $5 in 2003 to $9.51k in 2021.

In 2021, Bhutan did not export any services to Russia.

Russia-Bhutan In 2021, Russia exported $125k to Bhutan. The main products that Russia exported to Bhutan were N/A. During the last 18 years the exports of Russia to Bhutan have increased at an annualized rate of 17%, from $7.41k in 2003 to $125k in 2021.

In 2020, Russia exported services to Bhutan worth $26k, with Transportation ($24k), Financial services ($1k), and Other business services ($1k) being the largest in terms of value.

Comparison In 2022, Bhutan ranked 177 in total exports ($392M), and does not have data regarding Economic Complexity Index. That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Bhutan exported $9.51k to Russia. There were not main exports from Bhutan to Russia in 2021. During the last 18 years the exports of Bhutan to Russia have increased at an annualized rate of 52.1%, from $5 in 2003 to $9.51k in 2021.

In 2015, Russia exported $125k to Bhutan. There were not main exports from Russia to Bhutan in 2015. During the last 13 years the exports of Russia to Bhutan have increased at an annualized rate of 17%, from $7.41k in 2002 to $125k in 2015.

Exports from Bhutan () to Russia () (2021)

Exports from Russia () to Bhutan () (2021)

Latest Data

Trade between Bhutan () and Russia ()

Russia Exports

Date

Nov 2016

Jul 2015

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bhutan
Top DestinationIndia$343M

Russia
Top DestinationChina$101B

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

In 2021, countries that imported more from Bhutan than Russia were Zambia ($6.34k) and Antigua and Barbuda ($5.76k).

In 2021, countries that imported more from Russia than Bhutan were China ($101B), India ($40.4B), and Germany ($27.7B).

Difference in imports from Russia () and Bhutan () (2022)

Comparative Advantage Bhutan - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Bhutan had a large net trade with Russia in the exports of .

During 2015, Russia had a large net trade with Bhutan in the exports of .

Service Trade

Bilateral Service Trade

Rus Year

In 2020, Russia exported services to Bhutan worth $26k, with Transportation ($24k), Financial services ($1k), and Other business services ($1k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to Bhutan () (2020)

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Bhutan () to Russia () (2021)

Exports from Russia () to Bhutan () (2021)

Latest Data

Trade between Bhutan () and Russia ()

Russia Exports

Market Competitiveness

Difference in imports from Russia () and Bhutan () (2022)

Comparative Advantage Bhutan - Russia

Service Trade

Bilateral Service Trade

Services Exports from Russia () to Bhutan () (2020)

Economic Complexity

Competitive Landscape

Product Space of Bhutan () and Russia () (2021)

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