Economy of Bhutan (2017)
|
GDP (billion $) (2018)
|
2,7
|
|
GDP Growth Rate (%)
|
7,3
|
|
Population (thousand) (2019)
|
763,094
|
|
GDP Per Capita ($)
|
2.660
|
|
Inflation Rate (%)
|
5,5
|
|
Unemployment rate (%)
|
3,2
|
|
Exports(million $)
|
554
|
|
Imports(million $)
|
1.025
|
|
Bilateral Trade Volume (million $)(2019)
|
1,583,7
|
References: EIU, World Bank
Main Trade Partners: India, Thailand, USA, Singapore, Germany.
Main Export Items: Iron&steel, inorganic chemicals, plastics, copper.
Main Import Items: Machines and tools, mineral oils, land vehicles,
electrical machines.
Bilateral Economic and Commercial Relations
Bilateral Trade (thousand USD)
|
Year
|
Export
|
Import
|
Volume
|
Balance
|
|
2015
|
28
|
1.526
|
1.554
|
-1.498
|
|
2016
|
98
|
195
|
293
|
-98
|
|
2017
|
61
|
2.455
|
2.515
|
-2.394
|
|
2018
|
186
|
2.213
|
2.399
|
-2.027
|
|
2019
|
97
|
1,486,7
|
1,583,7
|
-1,389,7
|
|
2020/3 months
|
-
|
601,685
|
-
|
-
|
|
|
|
|
|
|
References: TÜİK
Main Export Items of Türkiye:
Marble, travertine, salt, sulfur, cement
Main Import Items of Türkiye:
Iron components, natural granules
Aid:
Türkiye donated 100 thousand US Dollars to Bhutan which was affected by the
Cyclone Aila in May 2009.
During the Donor’s Conference on Drugs and Traditional Medicines which was
organized in Bhutan between October 10-14, 2015, Türkiye announced its
contribution of 50 thousand USD.This development aid contribution was
transferred to Bhutan in November 2015. A project on the modernization of
the informatics infrastructure of the Ministry of Foreign Affairs of the
Kingdom of Bhutan was prepared by TIKA and the Protocol on the
implementation of the Project was signed on February 17, 2016. In this
context, the equipment to be used in the modernization of the electronic
communication infrastructure of the Ministry of Foreign Affairs of Bhutan
was delivered to the Bhutanese authorities in August 2016.
In accordance with the needs of the Bhutan, the procedures of donation of
an ambulance to Bhutan is completed and a full-fledged ambulance was
delivered to Bhutanese Minister of Health H.E. Dechen Wangmo on 13 February
2020 in Thimphu.