Azerbaijan (AZE) and Bhutan (BTN) Trade | OEC - The Observatory of Economic Complexity

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In N/A, Azerbaijan did not export any services to Bhutan.

Bhutan-Azerbaijan In N/A, Bhutan exported $105k to Azerbaijan. The main products that Bhutan exported to Azerbaijan were Ferroalloys ($105k). During the last N/A years the exports of Bhutan to Azerbaijan have increased at an annualized rate of 7.19%, from $18.6k in N/A to $105k in N/A.

In N/A, Bhutan did not export any services to Azerbaijan.

Comparison In 2020, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.54), and 78 in total exports ($13.8B). That same year, Bhutan ranked 178 in total exports ($183M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

Value

Year

Azerbaijan does not register exports to Bhutan.

In 2020, Bhutan exported $105k to Azerbaijan. The main products exported from Bhutan to Azerbaijan were Ferroalloys ($105k). During the last 1 years the exports of Bhutan to Azerbaijan have increased at an annualized rate of 7.19%, from $18.6k in 2019 to $105k in 2020.

Market Competitiveness

Measure

SectionYear

Azerbaijan
Top Destination: Italy, $4.06B

Bhutan
Top Destination: India, $173M

This map shows whether countries import more from Azerbaijan or Bhutan. Each country is colored based on the difference in imports they receive from Azerbaijan and Bhutan or the difference in the growth in imports.

In 2019, countries that imported more from Azerbaijan than Bhutan were Italy ($4.06B), Turkey ($2.61B), and Russia ($728M).

In 2019, countries that imported more from Bhutan than Azerbaijan were Peru ($50.1k), Slovenia ($49.8k), and Costa Rica ($4.22k).

Comparative Advantage Azerbaijan - Bhutan

Flow

Scale

Year

This chart compares trade between Azerbaijan and Bhutan by product, considering products traded by both, Azerbaijan and Bhutan.

During 2020, Bhutan had a large net trade with Azerbaijan in the exports of Metals ($105k).

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Azerbaijan has comparative advantage over Bhutan. Similarly, the more yellow a dot/product is, the more Bhutan has comparative advantage over Azerbaijan.

About

Historical Data

Bilateral Trade by Products

Market Competitiveness

Comparative Advantage Azerbaijan - Bhutan

Economic Complexity

Competitive Landscape

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