2022
Flag
 GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
GDP PC
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH
-17.1%CURRENT US$
Rnk 167 / 186

About

Bhutan-South Africa Trade: In 2022, Bhutan exported $1.22k to South Africa. The main products that Bhutan exported to South Africa were Engine Parts ($971), Electrical Transformers ($57), and Synthetic Reconstructed Jewellery Stones ($49). Over the past 5 years the exports of Bhutan to South Africa have decreased at an annualized rate of 59.9%, from $118k in 2017 to $1.22k in 2022.

In 2022, Bhutan did not export any services to South Africa.

South Africa-Bhutan Trade: In 2022, South Africa exported $369k to Bhutan. The main products that South Africa exported to Bhutan were Wine ($349k), Hydrometers ($8.66k), and Medical Instruments ($6.38k). Over the past 5 years the exports of South Africa to Bhutan have increased at an annualized rate of 16.8%,  from $170k in 2017 to $369k in 2022.

In 2022, South Africa did not export any services to Bhutan.

Comparison In 2022,  Bhutan ranked 177 in total exports ($392M), and does not have data regarding Economic Complexity Index. That same year, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bhutan exported $1.22k to South Africa. The main products exported from Bhutan to South Africa were Engine Parts ($971), Electrical Transformers ($57), and Synthetic Reconstructed Jewellery Stones ($49). During the last 5 years the exports of Bhutan to South Africa have decreased at an annualized rate of 59.9%, from $118k in 2017 to $1.22k in 2022.

In 2017, South Africa exported $369k to Bhutan. The main products exported from South Africa to Bhutan were Wine ($349k), Hydrometers ($8.66k), and Medical Instruments ($6.38k). During the last 5 years the exports of South Africa to Bhutan have increased at an annualized rate of 16.8%, from $170k in 2022 to $369k in 2017.

Exports from Bhutan (Flag) to South Africa (Flag) (2022)

Exports from South Africa (Flag) to Bhutan (Flag) (2022)

Latest Data

Trade between Bhutan (Flag) and South Africa (Flag)

South Africa Exports

Market Competitiveness

Color
Bhutan
Top Destination
India$343M
South Africa
Top Destination
China$23.4B

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

In 2022, no countries were registered that imported more from Bhutan than from South Africa.

In 2022, countries that imported more from South Africa than Bhutan included China ($23.4B), United States ($10.9B), and Germany ($9.96B).

Difference in imports from South Africa (Flag) and Bhutan (Flag) (2022)

Comparative Advantage Bhutan - South Africa

Flow
Scale

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

During 2022, Bhutan had a large net trade with South Africa in the exports of Machines ($1.13k), Precious Metals ($49), and Animal Hides ($37).

During 2017, South Africa had a large net trade with Bhutan in the exports of Foodstuffs ($349k), Instruments ($15k), and Chemical Products ($3.95k).

Economic Complexity

Competitive Landscape

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

Product Space of Bhutan (Flag) and South Africa (Flag) (2022)

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