Flag Azerbaijan / Bhutan Flag

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Exports
: $105k, Rnk 14 / 63

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Top Product
: $105k, Ferroalloys

2020
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Economic Complexity (ECI)
: ECI -0.54, Rnk 83 / 127

2020
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GDP
: $42.7B, CURRENT US$
Rnk 90 / 204

2010-2020
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GDP GROWTH
: -19.3%, CURRENT US$
Rnk 192 / 204

2020
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 GDP
: $2.32B, CURRENT US$
Rnk 176 / 204

2010-2020
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GDP GROWTH
: 49.6%, CURRENT US$
Rnk 59 / 204

2020
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GDP PC 
: $4,230, CURRENT US$
Rnk 123 / 204

2010-2020
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GDP PC GROWTH
: -27.6%, CURRENT US$
Rnk 189 / 204

2020
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GDP PC
: $3,001, CURRENT US$
Rnk 146 / 204

2010-2020
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GDP PC GROWTH
: 32.9%, CURRENT US$
Rnk 54 / 204

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

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Bilateral Trade by Products

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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

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Measure

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

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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

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Competitive Landscape

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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.