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

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Bhutan-Russia Trade: In 2021, Bhutan exported $9.51k to Russia. The main products that Bhutan exported to Russia were N/A. Over the past 7 years the exports of Bhutan to Russia have increased at an annualized rate of 82.1%, from $143 in 2014 to $9.51k in 2021.

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

Russia-Bhutan In N/A, Russia did not export any products to Bhutan.

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 7 years the exports of Bhutan to Russia have increased at an annualized rate of 82.1%, from $143 in 2014 to $9.51k in 2021.

Russia does not register exports to Bhutan.

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 2022, countries that imported more from Bhutan than Russia included Zambia ($6.34k) and Antigua and Barbuda ($5.76k).

In 2022, countries that imported more from Russia than Bhutan included 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 .

Potential Exports

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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)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

Potential Exports

Potential Exports

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Bilateral Service Trade

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

Service Trade

Economic Complexity

Competitive Landscape

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

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