{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:14.995Z",
  "seo": {
    "title": "Bhutan exports to Brazil: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Bhutan to Brazil, the product routes that need a closer look, and the conditions that may affect planning."
  },
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com",
    "email": "support@yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  },
  "exporter": {
    "iso3": "BTN",
    "country_name": "Bhutan"
  },
  "importer": {
    "iso3": "BRA",
    "country_name": "Brazil"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "BTN",
    "importer_iso3": "BRA",
    "all_history_lane_count": 2,
    "current_lane_count": 1,
    "current_product_count": 1,
    "first_observed_last_year": 2004,
    "latest_data_year": 2024,
    "current_trade_usd": 707664.7685317324,
    "attention_trade_usd": 0,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 0,
    "unrecovered_drawdown_trade_usd": 0,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 0,
    "access_friction_trade_usd": 707664.7685317324,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 0,
    "high_volatility_lane_count": 0,
    "unrecovered_drawdown_lane_count": 0,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 0,
    "access_friction_lane_count": 1,
    "trade_weighted_volatility_cv": 0.7667751292224775,
    "trade_weighted_below_peak_pct": 0,
    "product_concentration_hhi": 10000,
    "top1_product_share_pct": 100,
    "top3_product_share_pct": 100,
    "top_product_hs6": "853650",
    "top_product_trade_usd": 707664.7685317324,
    "top_product_description": "Electrical apparatus: switches n.e.c. in heading no. 8536, for a voltage not exceeding 1000 volts",
    "top_attention_product_hs6": "",
    "top_attention_product_reason": "",
    "distance_km": 15652.48046875,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": 0,
    "has_reported_fta": 0,
    "avg_applied_tariff_pct": 28.836599972525246,
    "avg_mfn_tariff_pct": 28.836599972525246,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null,
    "buyer_biz_entry_days": 16.6,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 1608981.220812,
    "buyer_gdp_pc_latest": 7519,
    "buyer_population_latest": 213993.439,
    "buyer_gdp_5y_cagr_pct": 3.134039194863969,
    "buyer_gdp_pc_5y_cagr_pct": 2.688169663595019,
    "buyer_population_5y_cagr_pct": 0.43419756407150345,
    "buyer_investment_5y_avg_pct": 19.334000000000003,
    "buyer_savings_5y_avg_pct": 16.486,
    "buyer_macro_resilience_label": "Buyer macro trend resilient",
    "attention_trade_share_pct": 0,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "concentrated_product_mix",
      "market_access_friction"
    ],
    "attention_level": "Stable",
    "primary_risk_reason": "Tariff, distance or agreement conditions create market-access friction",
    "buyer_gdp_mn_2024": 1608981.220812,
    "buyer_gdp_pc_2024": 7519,
    "buyer_population_2024": 213993.439
  },
  "history": [
    {
      "year": 1997,
      "exporter_iso3": "BTN",
      "importer_iso3": "BRA",
      "export_value_usd": 70716.75665066669,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 2003,
      "exporter_iso3": "BTN",
      "importer_iso3": "BRA",
      "export_value_usd": 6.535719547127034,
      "yoy_growth_pct": -99.99075789125989,
      "cagr_3y_pct": null
    },
    {
      "year": 2004,
      "exporter_iso3": "BTN",
      "importer_iso3": "BRA",
      "export_value_usd": 123890.47930973796,
      "yoy_growth_pct": 1895490.5071568997,
      "cagr_3y_pct": null
    },
    {
      "year": 2005,
      "exporter_iso3": "BTN",
      "importer_iso3": "BRA",
      "export_value_usd": 40.62449115415279,
      "yoy_growth_pct": -99.96720935185618,
      "cagr_3y_pct": -91.68704939283704
    },
    {
      "year": 2006,
      "exporter_iso3": "BTN",
      "importer_iso3": "BRA",
      "export_value_usd": 32.423403769577014,
      "yoy_growth_pct": -20.187544881377384,
      "cagr_3y_pct": 70.55131234659748
    },
    {
      "year": 2007,
      "exporter_iso3": "BTN",
      "importer_iso3": "BRA",
      "export_value_usd": 58466.277268489546,
      "yoy_growth_pct": 180221.2200791474,
      "cagr_3y_pct": -22.144523053501164
    },
    {
      "year": 2008,
      "exporter_iso3": "BTN",
      "importer_iso3": "BRA",
      "export_value_usd": 480.91375190252944,
      "yoy_growth_pct": -99.17745104636289,
      "cagr_3y_pct": 127.90809652894124
    },
    {
      "year": 2011,
      "exporter_iso3": "BTN",
      "importer_iso3": "BRA",
      "export_value_usd": 167.97252708087024,
      "yoy_growth_pct": -65.0722137979297,
      "cagr_3y_pct": 73.03204894713122
    },
    {
      "year": 2012,
      "exporter_iso3": "BTN",
      "importer_iso3": "BRA",
      "export_value_usd": 3980.4359057738147,
      "yoy_growth_pct": 2269.6946012233516,
      "cagr_3y_pct": -59.167271808053954
    },
    {
      "year": 2013,
      "exporter_iso3": "BTN",
      "importer_iso3": "BRA",
      "export_value_usd": 52552.56983099098,
      "yoy_growth_pct": 1220.2717258871305,
      "cagr_3y_pct": 378.08918625115
    },
    {
      "year": 2014,
      "exporter_iso3": "BTN",
      "importer_iso3": "BRA",
      "export_value_usd": 66665.54828682404,
      "yoy_growth_pct": 26.85497303218545,
      "cagr_3y_pct": 634.8878486840616
    },
    {
      "year": 2015,
      "exporter_iso3": "BTN",
      "importer_iso3": "BRA",
      "export_value_usd": 54326.07188345182,
      "yoy_growth_pct": -18.50952511525511,
      "cagr_3y_pct": 138.97871574301388
    },
    {
      "year": 2016,
      "exporter_iso3": "BTN",
      "importer_iso3": "BRA",
      "export_value_usd": 88665.52067196315,
      "yoy_growth_pct": 63.20988725667724,
      "cagr_3y_pct": 19.047497425789437
    },
    {
      "year": 2017,
      "exporter_iso3": "BTN",
      "importer_iso3": "BRA",
      "export_value_usd": 249123.45708508816,
      "yoy_growth_pct": 180.96993645001317,
      "cagr_3y_pct": 55.18070558968815
    },
    {
      "year": 2018,
      "exporter_iso3": "BTN",
      "importer_iso3": "BRA",
      "export_value_usd": 199961.74247978991,
      "yoy_growth_pct": -19.733876199585275,
      "cagr_3y_pct": 54.39961137317113
    },
    {
      "year": 2019,
      "exporter_iso3": "BTN",
      "importer_iso3": "BRA",
      "export_value_usd": 236046.54096828712,
      "yoy_growth_pct": 18.045851191831996,
      "cagr_3y_pct": 38.595019521337726
    },
    {
      "year": 2020,
      "exporter_iso3": "BTN",
      "importer_iso3": "BRA",
      "export_value_usd": 383284.00000000006,
      "yoy_growth_pct": 62.376452723149335,
      "cagr_3y_pct": 15.443288476256779
    },
    {
      "year": 2021,
      "exporter_iso3": "BTN",
      "importer_iso3": "BRA",
      "export_value_usd": 398372,
      "yoy_growth_pct": 3.9365066112856173,
      "cagr_3y_pct": 25.82896696592758
    },
    {
      "year": 2022,
      "exporter_iso3": "BTN",
      "importer_iso3": "BRA",
      "export_value_usd": 510202.11748944066,
      "yoy_growth_pct": 28.071781523159434,
      "cagr_3y_pct": 29.29494289863248
    },
    {
      "year": 2023,
      "exporter_iso3": "BTN",
      "importer_iso3": "BRA",
      "export_value_usd": 586752.5301689443,
      "yoy_growth_pct": 15.003938646155834,
      "cagr_3y_pct": 15.251015375269429
    },
    {
      "year": 2024,
      "exporter_iso3": "BTN",
      "importer_iso3": "BRA",
      "export_value_usd": 721277.5498022247,
      "yoy_growth_pct": 22.927045511767385,
      "cagr_3y_pct": 21.881522204897784
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "BTN",
      "importer_iso3": "BRA",
      "hs_code": "853650",
      "hs_description": "Electrical apparatus: switches n.e.c. in heading no. 8536, for a voltage not exceeding 1000 volts",
      "buyer_imports_latest_usd": 364878342.31684047,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.7667751292224775,
      "attention_level": "Watch",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": [
        "long_distance_without_fta"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "BTN",
    "importer_iso3": "BRA",
    "distance_km": 15635,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "shares_ethnic_language": 0,
    "shared_religion": 0,
    "shared_legal_system": 0,
    "shared_colonial_history": 0,
    "has_fta": 0,
    "rta_coverage_ratio": null,
    "exporter_is_wto": 0,
    "importer_is_wto": 1,
    "exporter_is_eu": 0,
    "importer_is_eu": 0,
    "importer_gdp_million_usd": 1608981.2208119999,
    "importer_gdp_per_capita_usd": 7518.834354599067,
    "importer_population": 213993.439,
    "importer_biz_entry_days": 16.6,
    "importer_biz_entry_cost_pct": 4.2,
    "exporter_gdp_million_usd": 2315.436303,
    "exporter_gdp_per_capita_usd": 2968.888707526606,
    "avg_applied_tariff_pct": 28.836599972525246,
    "avg_mfn_tariff_pct": 28.836599972525246,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null
  },
  "sourceAttribution": {
    "publisher": "OECD",
    "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D",
    "year": 2025,
    "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29)",
    "sourceUrl": "https://data-explorer.oecd.org/",
    "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0",
    "termsUrl": "https://www.oecd.org/termsandconditions/",
    "terms": "OECD Terms & Conditions",
    "accessed": "2026-08-29",
    "supportingSources": [
      {
        "publisher": "CEPII",
        "dataset": "BACI bilateral trade flows",
        "release": "202601",
        "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.",
        "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html",
        "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37",
        "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf",
        "license": "Etalab 2.0 Open Licence",
        "accessed": "2026-08-29"
      }
    ]
  },
  "links": {
    "canonical": "https://www.yugalinks.com/trade/corridor/BTN-BRA/risk",
    "html": "https://www.yugalinks.com/trade/corridor/BTN-BRA/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/BTN-BRA/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/BTN-BRA/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/BTN-BRA/risk/index.ld.json",
    "home": "https://www.yugalinks.com/",
    "tradeHub": "https://www.yugalinks.com/trade/",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "workspace": "https://www.yugalinks.com/app/corridors",
    "contact": "https://www.yugalinks.com/contact",
    "email": "mailto:support@yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  }
}