2022
Flag
 GDP
$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH
83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC
$7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH
92.5%CURRENT US$
Rnk 10 / 186

About

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

Armenia-Bhutan In false, Armenia did not export any products to Bhutan.

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

Comparison In 2022,  Bhutan ranked 177 in total exports ($392M), and does not have data regarding Economic Complexity Index. That same year, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).

Historical Data

Bilateral Trade by Products

Depth
Value

Bhutan does not register exports to Armenia. The main products exported from Bhutan to Armenia were Flavored Water ($9.4k) and Insulated Wire ($6).

Armenia does not register exports to Bhutan.

Exports from Bhutan (Flag) to Armenia (Flag) (2022)

Exports from Armenia (Flag) to Bhutan (Flag) (2022)

Market Competitiveness

Color
Bhutan
Top Destination
India$343M
Armenia
Top Destination
Russia$2.36B

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

In 2022, countries that imported more from Bhutan than Armenia included India ($343M), Nepal ($7.44M), and Colombia ($7.42M).

In 2022, countries that imported more from Armenia than Bhutan included Russia ($2.36B), United Arab Emirates ($535M), and China ($420M).

Difference in imports from Armenia (Flag) and Bhutan (Flag) (2022)

Comparative Advantage Bhutan - Armenia

Flow
Scale

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

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Bhutan and Armenia. This means that a dot/product with the flag of Bhutan indicates it has a comparative advantage over Armenia. Similarly, a dot/product with the flag of Armenia indicates it has a comparative advantage over Bhutan.

Product Space of Bhutan (Flag) and Armenia (Flag) (2022)

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