Bhutan - Trade Openness 2020
71.83%
−4.29% from 2019
Bhutan's trade openness was 71.83% in 2020, decreased +4.29% from 76.12% in 2019. This was the 94th highest globally.
Global Ranking - 2020▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Sudan | 9.96% | -61.9% |
| 2nd | Cuba | 15.68% | -31.3% |
| 3rd | United States | 23.40% | -11.5% |
| 4th | Bangladesh | 26.27% | -16.8% |
| 5th | Pakistan | 26.72% | -7.6% |
| 6th | Tanzania | 27.96% | -15.3% |
| 7th | Argentina | 30.20% | -7.4% |
| 8th | Kenya | 30.40% | -4.3% |
| 9th | Sierra Leone | 30.61% | -18.5% |
| 10th | Japan | 31.34% | -11.0% |
| 11th | Egypt, Arab Republic of | 32.13% | -21.9% |
| 12th | Brazil | 32.30% | 11.8% |
| 13th | Indonesia | 32.97% | -12.4% |
| 14th | Comoros | 33.73% | -20.2% |
| 15th | Cameroon | 33.74% | -22.2% |
| 16th | China | 34.04% | -3.3% |
| 17th | Colombia | 34.06% | -9.3% |
| 18th | Niger | 35.51% | -4.3% |
| 19th | Turkmenistan | 35.94% | -18.9% |
| 20th | Uganda | 37.00% | -6.0% |
| 21st | Sri Lanka | 37.09% | -25.0% |
| 22nd | Haiti | 37.41% | -16.1% |
| 23rd | Bolivia, Plurinational State of | 37.52% | -18.1% |
| 24th | India | 37.76% | -5.4% |
| 25th | Zimbabwe | 40.18% | -12.9% |
| 26th | Algeria | 40.39% | -13.2% |
| 27th | Chad | 40.64% | -12.9% |
| 28th | Nepal | 40.92% | -16.9% |
| 29th | Malawi | 41.03% | -7.2% |
| 30th | Guatemala | 41.14% | -9.6% |
| 31st | Côte d'Ivoire | 41.94% | -6.1% |
| 32nd | Guinea-Bissau | 42.89% | -14.1% |
| 33rd | Iran, Islamic Republic of | 43.88% | -9.7% |
| 34th | New Zealand | 43.98% | -19.2% |
| 35th | Ecuador | 43.99% | -8.5% |
| 36th | Peru | 44.25% | -5.7% |
| 37th | Australia | 44.50% | -3.3% |
| 38th | Dominican Republic | 44.73% | -12.1% |
| 39th | Syrian Arab Republic | 44.82% | 6.7% |
| 40th | Benin | 44.83% | -29.6% |
| 41st | French Polynesia | 45.83% | -27.6% |
| 42nd | Russian Federation | 45.97% | -6.6% |
| 43rd | Afghanistan | 46.71% | - |
| 44th | Gambia, The | 47.40% | -15.4% |
| 45th | Saudi Arabia | 47.53% | -16.3% |
| 46th | Uruguay | 47.73% | -4.0% |
| 47th | Madagascar | 49.01% | -21.7% |
| 48th | Central African Republic | 49.52% | -1.1% |
| 49th | Lebanon | 50.13% | -20.4% |
| 50th | South Africa | 50.76% | -5.8% |
| 51st | Libya | 50.98% | -35.5% |
| 52nd | Israel | 51.24% | -9.0% |
| 53rd | Bahamas, The | 53.42% | -22.3% |
| 54th | Italy | 53.94% | -8.1% |
| 55th | Angola | 54.34% | -10.5% |
| 56th | New Caledonia | 54.58% | -6.2% |
| 57th | Togo | 55.07% | -2.3% |
| 58th | Rwanda | 55.19% | -4.8% |
| 59th | Tajikistan | 55.75% | -0.5% |
| 60th | Mali | 56.04% | 3.8% |
| 61st | Uzbekistan | 56.05% | -13.7% |
| 62nd | Kazakhstan | 57.03% | -12.1% |
| 63rd | Iraq | 57.74% | -16.3% |
| 64th | Philippines | 58.17% | -15.5% |
| 65th | Chile | 58.18% | 1.0% |
| 66th | France | 58.84% | -11.4% |
| 67th | United Kingdom | 59.16% | -9.0% |
| 68th | Spain | 59.45% | -10.4% |
| 69th | Albania | 59.52% | -21.0% |
| 70th | Senegal | 60.05% | -6.5% |
| 71st | Costa Rica | 60.14% | -8.5% |
| 72nd | Solomon Islands | 60.22% | -27.4% |
| 73rd | Türkiye | 60.39% | -3.5% |
| 74th | Burkina Faso | 60.74% | 0.5% |
| 75th | Congo, Democratic Republic of | 61.03% | 0.2% |
| 76th | Canada | 61.16% | -7.6% |
| 77th | Paraguay | 62.76% | -11.9% |
| 78th | Guam | 63.67% | -18.4% |
| 79th | Norway | 65.35% | -7.8% |
| 80th | Korea | 65.54% | -8.3% |
| 81st | Jordan | 66.06% | -22.9% |
| 82nd | El Salvador | 66.46% | -12.6% |
| 83rd | Ghana | 66.58% | -13.3% |
| 84th | West Bank and Gaza | 67.29% | -2.5% |
| 85th | Iceland | 68.66% | -18.1% |
| 86th | Panama | 68.70% | -14.6% |
| 87th | Morocco | 68.84% | -9.4% |
| 88th | Bermuda | 69.19% | -10.8% |
| 89th | Congo, Republic of | 69.31% | -24.3% |
| 90th | Vanuatu | 69.91% | -29.7% |
| 91st | Gabon | 70.11% | -4.5% |
| 92nd | Armenia | 70.12% | -28.3% |
| 93rd | Greece | 70.29% | -12.8% |
| 94th | Bhutan | 71.83% | -5.6% |
| 95th | Azerbaijan | 72.02% | -16.1% |
| 96th | Finland | 72.18% | -10.4% |
| 97th | Germany | 72.93% | -7.8% |
| 98th | Kosovo | 75.61% | -11.8% |
| 99th | Somalia, Fed. Rep. | 75.70% | 7.7% |
| 100th | Portugal | 76.51% | -11.8% |
| 101st | Mexico | 76.85% | -0.8% |
| 102nd | Namibia | 76.93% | -7.2% |
| 103rd | Samoa | 77.48% | -7.0% |
| 104th | Botswana | 77.66% | -6.5% |
| 105th | Equatorial Guinea | 77.93% | -17.9% |
| 106th | Romania | 78.36% | -7.7% |
| 107th | Cabo Verde | 78.39% | -24.3% |
| 108th | Kiribati | 78.41% | -20.3% |
| 109th | Northern Mariana Islands | 78.98% | -24.6% |
| 110th | Kyrgyz Republic | 78.99% | -16.3% |
| 111th | Ukraine | 79.16% | -12.5% |
| 112th | Zambia | 79.21% | 15.1% |
| 113th | Moldova | 79.27% | -9.5% |
| 114th | Belize | 81.64% | -20.3% |
| 115th | Tonga | 81.85% | -7.0% |
| 116th | Kuwait | 82.01% | -10.6% |
| 117th | Bosnia and Herzegovina | 82.52% | -12.7% |
| 118th | Greenland | 82.66% | -10.3% |
| 119th | European Union | 83.82% | -7.4% |
| 120th | Eswatini | 84.01% | -3.0% |
| 121st | Tunisia | 84.33% | -17.6% |
| 122nd | Sweden | 84.47% | -8.9% |
| 123rd | Timor-Leste | 84.75% | 20.0% |
| 124th | Micronesia, Federated States of | 85.01% | -11.2% |
| 125th | Mauritania | 86.78% | -7.2% |
| 126th | Montenegro | 87.86% | -20.1% |
| 127th | Honduras | 88.00% | -11.5% |
| 128th | Nicaragua | 88.64% | -5.7% |
| 129th | Croatia | 89.55% | -11.7% |
| 130th | Qatar | 90.02% | 0.0% |
| 131st | Oman | 91.88% | 6.2% |
| 132nd | Georgia | 92.89% | -21.2% |
| 133rd | Antigua and Barbuda | 94.29% | -31.4% |
| 134th | Faroe Islands | 96.22% | -11.4% |
| 135th | Thailand | 97.80% | -10.8% |
| 136th | Poland | 99.26% | -2.3% |
| 137th | Mozambique | 99.91% | -5.4% |
| 138th | Austria | 99.95% | -7.6% |
| 139th | Serbia | 100.32% | -6.7% |
| 140th | Palau | 103.35% | -10.5% |
| 141st | Puerto Rico (US) | 103.51% | -3.8% |
| 142nd | Denmark | 104.43% | -6.7% |
| 143rd | Cayman Islands | 105.47% | -8.2% |
| 144th | Marshall Islands | 107.83% | -29.5% |
| 145th | Brunei Darussalam | 110.29% | 1.6% |
| 146th | Bulgaria | 110.42% | -11.8% |
| 147th | Mongolia | 112.84% | -9.3% |
| 148th | Virgin Islands (US) | 113.60% | -26.9% |
| 149th | Maldives | 114.36% | -16.6% |
| 150th | Guinea | 115.77% | 47.6% |
| 151st | Malaysia | 116.79% | -5.1% |
| 152nd | Belarus | 118.93% | -9.1% |
| 153rd | Mauritius | 121.13% | -5.3% |
| 154th | Switzerland | 121.79% | -1.9% |
| 155th | Cambodia | 122.11% | 5.5% |
| 156th | Aruba | 122.72% | -11.0% |
| 157th | Macao SAR, China | 123.43% | 7.1% |
| 158th | Latvia | 123.88% | -1.1% |
| 159th | North Macedonia | 128.24% | -7.5% |
| 160th | Czechia | 128.78% | -6.8% |
| 161st | Nauru | 134.98% | -13.4% |
| 162nd | Bahrain | 135.46% | 0.0% |
| 163rd | Lithuania | 135.80% | -8.5% |
| 164th | Estonia | 137.39% | -2.1% |
| 165th | Lesotho | 141.10% | 0.4% |
| 166th | Slovenia | 147.55% | -7.8% |
| 167th | Netherlands | 152.23% | -5.3% |
| 168th | Seychelles | 153.48% | -11.5% |
| 169th | American Samoa | 154.37% | -1.4% |
| 170th | Hungary | 154.53% | -3.4% |
| 171st | Belgium | 156.95% | -5.1% |
| 172nd | Cyprus | 160.67% | 6.8% |
| 173rd | Viet Nam | 163.25% | -0.9% |
| 174th | Slovak Republic | 167.53% | -8.8% |
| 175th | United Arab Emirates | 181.29% | 10.7% |
| 176th | Djibouti | 225.74% | -29.7% |
| 177th | Malta | 242.36% | 4.0% |
| 178th | Ireland | 258.78% | 0.4% |
| 179th | San Marino | 304.90% | -0.8% |
| 180th | Singapore | 332.04% | 2.4% |
| 181st | Hong Kong SAR, China | 350.68% | -0.9% |
| 182nd | Luxembourg | 375.58% | -1.9% |
FAQ
What was Bhutan's trade openness in 2020?▾
Bhutan's trade openness in 2020 was 71.83%. This ranked 94th globally.
How did Bhutan's trade openness change in 2020?▾
Bhutan's trade openness decreased by 5.6% in 2020 compared to 2019.
Which country had the highest trade openness in 2020?▾
Luxembourg had the highest trade openness in 2020 at 375.58%.
What is the trade openness of Bhutan in 2020?▾
The trade openness of Bhutan in 2020 was 71.83%. This ranked 94th globally.
How does 2020 compare to 2019 for Bhutan's trade openness?▾
Bhutan's trade openness went from 76.12% in 2019 to 71.83% in 2020, a 5.6% decrease.
Related
2019
2021
All years
Full ranking 2020
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