Bhutan - Trade Openness 2022
85.57%
+7.99% from 2021
Bhutan's trade openness was 85.57% in 2022, increased +7.99% from 77.58% in 2021. This was the 84th highest globally.
Global Ranking - 2022▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Sudan | 2.70% | -34.6% |
| 2nd | United States | 27.31% | 6.7% |
| 3rd | Argentina | 31.58% | -4.5% |
| 4th | Pakistan | 33.03% | 22.2% |
| 5th | Bangladesh | 33.78% | 21.8% |
| 6th | Uganda | 34.51% | -17.3% |
| 7th | Tanzania | 35.00% | 17.0% |
| 8th | Syrian Arab Republic | 35.61% | -41.8% |
| 9th | Haiti | 36.53% | -1.4% |
| 10th | Egypt, Arab Republic of | 36.98% | 23.9% |
| 11th | Turkmenistan | 37.36% | 13.0% |
| 12th | China | 37.44% | 2.5% |
| 13th | Brazil | 38.82% | 3.1% |
| 14th | Kenya | 40.28% | 15.1% |
| 15th | Cameroon | 41.29% | 12.4% |
| 16th | Russian Federation | 42.78% | -15.4% |
| 17th | Malawi | 43.62% | -2.2% |
| 18th | Benin | 44.38% | -7.6% |
| 19th | Gambia, The | 44.72% | 6.2% |
| 20th | Sierra Leone | 45.05% | 6.9% |
| 21st | Central African Republic | 45.23% | 2.4% |
| 22nd | Indonesia | 45.46% | 13.1% |
| 23rd | Australia | 45.69% | 13.7% |
| 24th | Guinea-Bissau | 45.76% | 2.1% |
| 25th | Sri Lanka | 46.68% | 13.2% |
| 26th | Japan | 46.81% | 27.4% |
| 27th | Chad | 47.99% | 9.2% |
| 28th | Colombia | 48.28% | 20.5% |
| 29th | Iran, Islamic Republic of | 48.92% | 14.6% |
| 30th | Nepal | 48.97% | 13.7% |
| 31st | India | 50.08% | 10.2% |
| 32nd | Comoros | 50.39% | 19.8% |
| 33rd | New Caledonia | 50.47% | 2.9% |
| 34th | Algeria | 51.19% | 9.3% |
| 35th | Niger | 52.81% | 42.7% |
| 36th | Côte d'Ivoire | 52.87% | 17.2% |
| 37th | New Zealand | 53.48% | 10.2% |
| 38th | Dominican Republic | 54.38% | 4.7% |
| 39th | Guatemala | 54.43% | 10.5% |
| 40th | Zimbabwe | 55.07% | 24.8% |
| 41st | Angola | 55.25% | -10.2% |
| 42nd | Saudi Arabia | 56.82% | 11.7% |
| 43rd | Peru | 57.30% | 3.4% |
| 44th | Bolivia, Plurinational State of | 57.52% | 20.7% |
| 45th | Israel | 60.64% | 10.5% |
| 46th | Samoa | 60.85% | 1.8% |
| 47th | Uruguay | 61.03% | 4.7% |
| 48th | Rwanda | 61.15% | 12.6% |
| 49th | Mali | 61.56% | 8.5% |
| 50th | Togo | 61.58% | 9.2% |
| 51st | Ecuador | 61.88% | 16.2% |
| 52nd | Uzbekistan | 62.84% | 9.4% |
| 53rd | Vanuatu | 63.60% | 6.1% |
| 54th | South Africa | 64.95% | 15.6% |
| 55th | Tajikistan | 65.44% | -8.9% |
| 56th | Canada | 67.32% | 8.1% |
| 57th | Burkina Faso | 67.52% | 8.2% |
| 58th | Kazakhstan | 68.33% | 16.5% |
| 59th | Iraq | 68.76% | 11.8% |
| 60th | United Kingdom | 69.20% | 18.2% |
| 61st | Zambia | 69.30% | -19.6% |
| 62nd | French Polynesia | 69.53% | 31.2% |
| 63rd | Ghana | 70.12% | 11.8% |
| 64th | Tonga | 70.13% | 2.3% |
| 65th | Madagascar | 70.55% | 27.8% |
| 66th | Guam | 71.87% | 16.2% |
| 67th | Italy | 72.02% | 19.4% |
| 68th | Philippines | 72.43% | 14.1% |
| 69th | Afghanistan | 72.89% | 41.8% |
| 70th | Paraguay | 73.74% | 5.7% |
| 71st | Solomon Islands | 74.84% | 11.0% |
| 72nd | Bermuda | 75.20% | 5.3% |
| 73rd | Chile | 75.20% | 15.9% |
| 74th | France | 75.96% | 19.1% |
| 75th | Bahamas, The | 75.98% | 15.2% |
| 76th | Spain | 78.47% | 17.9% |
| 77th | Senegal | 79.60% | 14.7% |
| 78th | Türkiye | 79.90% | 14.8% |
| 79th | Equatorial Guinea | 81.81% | 6.3% |
| 80th | Costa Rica | 82.23% | 16.2% |
| 81st | West Bank and Gaza | 82.39% | 12.7% |
| 82nd | Norway | 82.61% | 16.0% |
| 83rd | Albania | 84.70% | 12.0% |
| 84th | Bhutan | 85.57% | 10.3% |
| 85th | Botswana | 85.61% | -3.5% |
| 86th | Congo, Democratic Republic of | 85.82% | 13.8% |
| 87th | Azerbaijan | 86.98% | 14.0% |
| 88th | Ukraine | 87.40% | 5.7% |
| 89th | El Salvador | 88.70% | 8.4% |
| 90th | Germany | 88.79% | 11.1% |
| 91st | Mexico | 88.80% | 6.9% |
| 92nd | Korea | 90.59% | 20.3% |
| 93rd | Micronesia, Federated States of | 90.63% | 3.8% |
| 94th | Somalia, Fed. Rep. | 90.76% | 14.7% |
| 95th | Kuwait | 90.92% | 10.9% |
| 96th | Gabon | 92.06% | 7.9% |
| 97th | Eswatini | 92.57% | 2.9% |
| 98th | Iceland | 93.05% | 22.1% |
| 99th | Northern Mariana Islands | 93.16% | 18.1% |
| 100th | Greenland | 93.37% | 11.6% |
| 101st | Panama | 93.48% | 16.6% |
| 102nd | Cuba | 93.86% | 17.3% |
| 103rd | Romania | 93.95% | 7.9% |
| 104th | Guinea | 94.17% | -18.3% |
| 105th | Finland | 94.56% | 18.5% |
| 106th | Cabo Verde | 96.99% | 25.2% |
| 107th | Timor-Leste | 97.62% | -2.2% |
| 108th | Congo, Republic of | 98.16% | 14.7% |
| 109th | Puerto Rico (US) | 98.26% | 1.6% |
| 110th | Namibia | 99.26% | 18.8% |
| 111th | Qatar | 100.21% | 8.0% |
| 112th | Morocco | 100.91% | 33.6% |
| 113th | Portugal | 101.36% | 18.0% |
| 114th | Mauritania | 102.03% | 15.5% |
| 115th | European Union | 103.71% | 13.7% |
| 116th | Armenia | 103.88% | 31.1% |
| 117th | Jordan | 104.10% | 29.6% |
| 118th | Palau | 105.20% | 29.6% |
| 119th | Oman | 105.75% | 10.2% |
| 120th | Sweden | 107.11% | 17.6% |
| 121st | Kiribati | 107.69% | 44.5% |
| 122nd | Belize | 107.84% | 8.9% |
| 123rd | Greece | 108.12% | 22.8% |
| 124th | Kosovo | 110.01% | 11.5% |
| 125th | Bosnia and Herzegovina | 110.21% | 13.9% |
| 126th | Moldova | 112.12% | 26.7% |
| 127th | Honduras | 112.70% | 9.0% |
| 128th | Georgia | 114.70% | 12.9% |
| 129th | Lebanon | 114.89% | 45.7% |
| 130th | Nicaragua | 115.45% | 8.7% |
| 131st | Tunisia | 116.10% | 24.0% |
| 132nd | Antigua and Barbuda | 117.70% | 16.5% |
| 133rd | Belarus | 120.02% | -11.8% |
| 134th | Faroe Islands | 122.86% | 18.7% |
| 135th | Poland | 123.02% | 11.0% |
| 136th | Austria | 123.58% | 11.3% |
| 137th | American Samoa | 124.68% | -8.9% |
| 138th | Croatia | 125.41% | 22.6% |
| 139th | Montenegro | 125.46% | 18.7% |
| 140th | Marshall Islands | 128.34% | 6.9% |
| 141st | Serbia | 131.91% | 17.4% |
| 142nd | Denmark | 132.00% | 17.5% |
| 143rd | Thailand | 132.86% | 13.3% |
| 144th | Kyrgyz Republic | 133.79% | 33.4% |
| 145th | Mozambique | 135.28% | 20.7% |
| 146th | Mongolia | 136.33% | 14.5% |
| 147th | Switzerland | 138.50% | 6.5% |
| 148th | Bulgaria | 138.84% | 14.5% |
| 149th | Lesotho | 142.37% | 2.3% |
| 150th | Czechia | 144.01% | 4.8% |
| 151st | Cambodia | 145.87% | -0.2% |
| 152nd | Malaysia | 146.42% | 9.2% |
| 153rd | Brunei Darussalam | 146.97% | -0.1% |
| 154th | Mauritius | 147.66% | 9.2% |
| 155th | Libya | 156.32% | -4.8% |
| 156th | Latvia | 159.89% | 16.9% |
| 157th | Aruba | 160.63% | 14.8% |
| 158th | Maldives | 162.24% | 13.8% |
| 159th | North Macedonia | 166.15% | 13.2% |
| 160th | Bahrain | 167.14% | 8.7% |
| 161st | Nauru | 167.34% | 51.0% |
| 162nd | Macao SAR, China | 170.37% | -0.6% |
| 163rd | Lithuania | 175.65% | 13.5% |
| 164th | Estonia | 175.69% | 9.5% |
| 165th | Viet Nam | 183.15% | -1.9% |
| 166th | Netherlands | 184.11% | 12.8% |
| 167th | Hungary | 185.00% | 16.2% |
| 168th | United Arab Emirates | 185.74% | 1.5% |
| 169th | Slovenia | 186.65% | 15.4% |
| 170th | Seychelles | 189.83% | 3.3% |
| 171st | Belgium | 191.18% | 7.8% |
| 172nd | Slovak Republic | 204.06% | 12.1% |
| 173rd | Virgin Islands (US) | 205.63% | 14.1% |
| 174th | Cyprus | 205.75% | 16.4% |
| 175th | Ireland | 237.76% | 2.9% |
| 176th | Malta | 245.16% | 11.4% |
| 177th | Djibouti | 302.29% | 14.7% |
| 178th | Singapore | 332.35% | 1.0% |
| 179th | San Marino | 370.44% | 8.2% |
| 180th | Hong Kong SAR, China | 384.88% | -4.4% |
| 181st | Luxembourg | 412.18% | 3.7% |
FAQ
What was Bhutan's trade openness in 2022?▾
Bhutan's trade openness in 2022 was 85.57%. This ranked 84th globally.
How did Bhutan's trade openness change in 2022?▾
Bhutan's trade openness increased by 10.3% in 2022 compared to 2021.
Which country had the highest trade openness in 2022?▾
Luxembourg had the highest trade openness in 2022 at 412.18%.
What is the trade openness of Bhutan in 2022?▾
The trade openness of Bhutan in 2022 was 85.57%. This ranked 84th globally.
How does 2022 compare to 2021 for Bhutan's trade openness?▾
Bhutan's trade openness went from 77.58% in 2021 to 85.57% in 2022, a 10.3% increase.
Related
2021
2023
All years
Full ranking 2022
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