Bhutan (BTN) and Malaysia (MYS) Trade | The Observatory of Economic Complexity

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Bhutan-Malaysia Trade: In 2022, Bhutan exported $16.8k to Malaysia. The main products that Bhutan exported to Malaysia were Spices ($11.1k), Vegetable Saps ($5.09k), and Other Vegetables ($558). Over the past 5 years the exports of Bhutan to Malaysia have decreased at an annualized rate of 40.7%, from $228k in 2017 to $16.8k in 2022.

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

Malaysia-Bhutan Trade: In 2022, Malaysia exported $1.94M to Bhutan. The main products that Malaysia exported to Bhutan were Computers ($1.57M), Baked Goods ($115k), and Office Machine Parts ($91.6k). Over the past 5 years the exports of Malaysia to Bhutan have increased at an annualized rate of 16.6%, from $775k in 2017 to $1.94M in 2022.

In 2022, Malaysia 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, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bhutan exported $16.8k to Malaysia. The main products exported from Bhutan to Malaysia were Spices ($11.1k), Vegetable Saps ($5.09k), and Other Vegetables ($558). During the last 5 years the exports of Bhutan to Malaysia have decreased at an annualized rate of 40.7%, from $228k in 2017 to $16.8k in 2022.

In 2017, Malaysia exported $1.94M to Bhutan. The main products exported from Malaysia to Bhutan were Computers ($1.57M), Baked Goods ($115k), and Office Machine Parts ($91.6k). During the last 5 years the exports of Malaysia to Bhutan have increased at an annualized rate of 16.6%, from $775k in 2022 to $1.94M in 2017.

Exports from Bhutan () to Malaysia () (2022)

Exports from Malaysia () to Bhutan () (2022)

Latest Data

Trade between Bhutan () and Malaysia ()

Malaysia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bhutan
Top DestinationN/AN/A

Malaysia
Top DestinationN/AN/A

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

N/A

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

Comparative Advantage Bhutan - Malaysia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bhutan had a large net trade with Malaysia in the exports of Vegetable Products ($16.8k).

During 2017, Malaysia had a large net trade with Bhutan in the exports of Machines ($1.71M), Foodstuffs ($120k), and Instruments ($68k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Bhutan () to Malaysia () (2022)

Exports from Malaysia () to Bhutan () (2022)

Latest Data

Trade between Bhutan () and Malaysia ()

Malaysia Exports

Market Competitiveness

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

Comparative Advantage Bhutan - Malaysia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bhutan () and Malaysia () (2022)

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