Bhutan - Trade Openness 2016
76.38%
−13.25% from 2015
Bhutan's trade openness was 76.38% in 2016, decreased +13.25% from 89.64% in 2015. This was the 97th highest globally.
Global Ranking - 2016▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Sudan | 15.28% | -16.8% |
| 2nd | Brazil | 24.53% | -9.0% |
| 3rd | Pakistan | 24.70% | -7.4% |
| 4th | Argentina | 26.09% | 16.0% |
| 5th | United States | 26.61% | -4.4% |
| 6th | Cuba | 27.27% | -13.7% |
| 7th | Uzbekistan | 29.19% | -5.1% |
| 8th | Egypt, Arab Republic of | 30.25% | -13.2% |
| 9th | Yemen, Republic of | 31.08% | 2.4% |
| 10th | Uganda | 31.21% | -17.2% |
| 11th | Japan | 31.31% | -11.6% |
| 12th | Bangladesh | 31.33% | -25.5% |
| 13th | Kenya | 34.87% | -13.5% |
| 14th | Tanzania | 35.42% | -13.1% |
| 15th | China | 36.18% | -6.5% |
| 16th | Colombia | 36.20% | -5.6% |
| 17th | Niger | 36.49% | -18.4% |
| 18th | Comoros | 37.13% | -1.8% |
| 19th | Indonesia | 37.42% | -10.8% |
| 20th | Gambia, The | 38.11% | -14.4% |
| 21st | Iran, Islamic Republic of | 39.88% | 1.2% |
| 22nd | India | 40.08% | -4.4% |
| 23rd | Ecuador | 40.53% | -15.2% |
| 24th | Cameroon | 40.64% | -10.8% |
| 25th | Australia | 40.81% | -1.6% |
| 26th | Libya | 41.11% | -27.8% |
| 27th | Haiti | 41.41% | -1.3% |
| 28th | Nepal | 42.12% | -9.8% |
| 29th | Sierra Leone | 43.07% | 18.0% |
| 30th | Chad | 43.96% | -9.4% |
| 31st | Peru | 45.39% | 0.5% |
| 32nd | Guatemala | 46.37% | -7.1% |
| 33rd | Sri Lanka | 46.47% | -1.0% |
| 34th | Russian Federation | 46.52% | -5.8% |
| 35th | Angola | 47.02% | -14.5% |
| 36th | Côte d'Ivoire | 47.57% | -9.8% |
| 37th | Uruguay | 48.47% | 6.9% |
| 38th | Türkiye | 48.87% | -5.8% |
| 39th | Rwanda | 49.48% | 9.5% |
| 40th | Algeria | 49.76% | -6.5% |
| 41st | Central African Republic | 50.53% | -4.9% |
| 42nd | Zimbabwe | 51.22% | -9.7% |
| 43rd | Dominican Republic | 51.73% | -1.2% |
| 44th | New Zealand | 52.41% | -4.5% |
| 45th | Mali | 53.61% | 0.1% |
| 46th | French Polynesia | 53.62% | -3.6% |
| 47th | Senegal | 54.11% | -6.9% |
| 48th | Guinea-Bissau | 54.30% | -0.1% |
| 49th | Italy | 54.43% | -1.8% |
| 50th | Iraq | 54.59% | -21.6% |
| 51st | Tajikistan | 55.72% | 11.6% |
| 52nd | South Africa | 55.86% | -1.5% |
| 53rd | Chile | 56.06% | -5.5% |
| 54th | Bolivia, Plurinational State of | 56.40% | -17.0% |
| 55th | Israel | 57.80% | -1.9% |
| 56th | Burkina Faso | 57.89% | -2.0% |
| 57th | Saudi Arabia | 57.92% | -13.7% |
| 58th | New Caledonia | 58.03% | -3.4% |
| 59th | Benin | 58.99% | 3.9% |
| 60th | United Kingdom | 59.84% | 4.8% |
| 61st | Timor-Leste | 60.31% | 0.4% |
| 62nd | Kazakhstan | 60.31% | 13.7% |
| 63rd | Madagascar | 60.83% | -0.6% |
| 64th | Philippines | 61.78% | 4.5% |
| 65th | Turkmenistan | 62.05% | -23.7% |
| 66th | Costa Rica | 62.18% | 2.3% |
| 67th | Spain | 63.19% | -0.6% |
| 68th | France | 63.34% | -0.3% |
| 69th | Greece | 63.66% | -2.5% |
| 70th | Canada | 65.36% | -1.2% |
| 71st | West Bank and Gaza | 65.42% | -7.6% |
| 72nd | Togo | 66.45% | -3.9% |
| 73rd | Syrian Arab Republic | 67.11% | 31.4% |
| 74th | Bahamas, The | 67.21% | -3.5% |
| 75th | Lebanon | 67.72% | -5.7% |
| 76th | Paraguay | 67.76% | 1.3% |
| 77th | Ghana | 67.88% | -11.3% |
| 78th | Congo, Democratic Republic of | 68.01% | 17.8% |
| 79th | Norway | 69.12% | -1.9% |
| 80th | Korea | 69.90% | -7.3% |
| 81st | Gabon | 70.13% | -5.2% |
| 82nd | Guam | 70.41% | -1.3% |
| 83rd | Morocco | 71.12% | 5.7% |
| 84th | Finland | 71.72% | -0.3% |
| 85th | Bermuda | 72.75% | -0.7% |
| 86th | El Salvador | 72.82% | -4.9% |
| 87th | Mauritania | 73.15% | -5.4% |
| 88th | Zambia | 73.96% | -7.4% |
| 89th | Albania | 74.01% | 3.8% |
| 90th | Somalia, Fed. Rep. | 74.36% | -2.8% |
| 91st | Kosovo | 75.02% | 1.3% |
| 92nd | Lao PDR | 75.09% | -12.5% |
| 93rd | Samoa | 75.21% | 0.8% |
| 94th | Mexico | 75.69% | 7.5% |
| 95th | Germany | 76.01% | -2.3% |
| 96th | Armenia | 76.08% | 6.1% |
| 97th | Bhutan | 76.38% | -14.8% |
| 98th | Portugal | 79.52% | -1.4% |
| 99th | Oman | 82.86% | -14.0% |
| 100th | Sweden | 83.45% | -0.9% |
| 101st | Panama | 84.40% | -12.6% |
| 102nd | Solomon Islands | 85.55% | -3.0% |
| 103rd | European Union | 85.78% | -1.0% |
| 104th | Greenland | 85.84% | 3.3% |
| 105th | Romania | 85.89% | 2.8% |
| 106th | Tunisia | 87.09% | -0.2% |
| 107th | Brunei Darussalam | 87.32% | -2.9% |
| 108th | Iceland | 87.76% | -7.5% |
| 109th | Tonga | 87.78% | 7.8% |
| 110th | Bosnia and Herzegovina | 88.24% | -0.1% |
| 111th | Jordan | 88.72% | -7.0% |
| 112th | Moldova | 89.00% | 0.0% |
| 113th | Eswatini | 89.36% | 1.2% |
| 114th | Qatar | 89.55% | -4.4% |
| 115th | Azerbaijan | 90.08% | 24.1% |
| 116th | Croatia | 92.14% | 1.6% |
| 117th | Equatorial Guinea | 92.60% | -6.3% |
| 118th | Nicaragua | 93.81% | -4.5% |
| 119th | Namibia | 93.97% | -3.4% |
| 120th | Georgia | 94.93% | -2.2% |
| 121st | Cabo Verde | 95.38% | 1.5% |
| 122nd | Kuwait | 96.16% | -2.6% |
| 123rd | Belize | 96.50% | -7.3% |
| 124th | Poland | 96.87% | 5.0% |
| 125th | Serbia | 97.69% | 4.5% |
| 126th | Honduras | 99.82% | -6.9% |
| 127th | Botswana | 100.46% | -11.0% |
| 128th | Mongolia | 101.06% | 12.7% |
| 129th | Denmark | 101.45% | -3.5% |
| 130th | Austria | 101.57% | -1.5% |
| 131st | Micronesia, Federated States of | 102.77% | -4.6% |
| 132nd | Montenegro | 104.14% | 0.0% |
| 133rd | Faroe Islands | 104.55% | -1.0% |
| 134th | Ukraine | 105.52% | -2.1% |
| 135th | Kyrgyz Republic | 105.82% | -4.6% |
| 136th | Vanuatu | 106.35% | -2.2% |
| 137th | Puerto Rico (US) | 110.27% | 1.3% |
| 138th | Mozambique | 110.39% | 11.8% |
| 139th | Kiribati | 111.27% | 1.3% |
| 140th | Guinea | 111.84% | 54.4% |
| 141st | Macao SAR, China | 112.89% | -5.3% |
| 142nd | Virgin Islands (US) | 113.30% | 33.7% |
| 143rd | North Macedonia | 116.19% | 2.2% |
| 144th | Marshall Islands | 116.33% | -16.0% |
| 145th | Palau | 118.02% | -6.7% |
| 146th | Thailand | 120.58% | -3.4% |
| 147th | Congo, Republic of | 122.26% | 4.2% |
| 148th | Cambodia | 122.70% | 0.5% |
| 149th | Bulgaria | 122.81% | -3.1% |
| 150th | Latvia | 123.33% | -2.4% |
| 151st | Switzerland | 123.57% | 5.5% |
| 152nd | Belarus | 125.21% | 8.0% |
| 153rd | Mauritius | 126.31% | -5.1% |
| 154th | Malaysia | 126.90% | -3.4% |
| 155th | Antigua and Barbuda | 132.03% | 1.5% |
| 156th | Bahrain | 132.82% | -10.2% |
| 157th | Lithuania | 134.69% | -2.5% |
| 158th | Lesotho | 136.32% | 5.1% |
| 159th | Aruba | 136.89% | -2.6% |
| 160th | Cyprus | 139.02% | 1.3% |
| 161st | Curaçao | 139.05% | -6.2% |
| 162nd | Maldives | 144.38% | 0.5% |
| 163rd | Viet Nam | 145.41% | 0.3% |
| 164th | Estonia | 147.75% | -0.5% |
| 165th | Slovenia | 148.24% | 0.7% |
| 166th | Czechia | 148.55% | -3.6% |
| 167th | Netherlands | 150.97% | -5.8% |
| 168th | Northern Mariana Islands | 152.85% | 24.5% |
| 169th | Belgium | 159.06% | 2.6% |
| 170th | American Samoa | 159.17% | -2.0% |
| 171st | Hungary | 163.97% | -2.0% |
| 172nd | United Arab Emirates | 165.40% | 0.7% |
| 173rd | Nauru | 170.15% | -14.9% |
| 174th | Seychelles | 180.87% | -3.5% |
| 175th | Slovak Republic | 182.76% | 1.9% |
| 176th | Djibouti | 213.07% | -20.6% |
| 177th | Malta | 213.36% | 3.0% |
| 178th | Ireland | 239.71% | 7.2% |
| 179th | Singapore | 302.84% | -8.1% |
| 180th | San Marino | 320.15% | -0.4% |
| 181st | Luxembourg | 348.44% | -0.8% |
| 182nd | Hong Kong SAR, China | 371.73% | -4.5% |
FAQ
What was Bhutan's trade openness in 2016?▾
Bhutan's trade openness in 2016 was 76.38%. This ranked 97th globally.
How did Bhutan's trade openness change in 2016?▾
Bhutan's trade openness decreased by 14.8% in 2016 compared to 2015.
Which country had the highest trade openness in 2016?▾
Hong Kong SAR, China had the highest trade openness in 2016 at 371.73%.
What is the trade openness of Bhutan in 2016?▾
The trade openness of Bhutan in 2016 was 76.38%. This ranked 97th globally.
How does 2016 compare to 2015 for Bhutan's trade openness?▾
Bhutan's trade openness went from 89.64% in 2015 to 76.38% in 2016, a 14.8% decrease.
Related
2015
2017
All years
Full ranking 2016
Exports
Imports
Trade Balance
Current Account Balance
FDI Inflows
Peak: 2006
Lowest: 1980
Trade Openness 1990s
Trade Openness 2000s
Trade Openness 2010s
Trade Openness 2020s
Highest ever
Lowest ever
Average
vs Philippines
vs Djibouti
vs Eswatini
vs Iran, Islamic Republic of
Global Ranking