2023
Flag
 GDP
$30.8BCURRENT US$
Rnk 109 / 195
2013-2023
Flag
GDP GROWTH
75.7%CURRENT US$
Rnk 33 / 195
2023
Flag
GDP PC
$8,284CURRENT US$
Rnk 94 / 196
2013-2023
Flag
GDP PC GROWTH
75.8%CURRENT US$
Rnk 19 / 195

About

Bhutan-Georgia Trade: In 2022, Bhutan exported $11.7k to Georgia. The main products that Bhutan exported to Georgia were N/A. Over the past 23 years the exports of Bhutan to Georgia have increased at an annualized rate of 9.16%, from $1.55k in 1999 to $11.7k in 2022.

In 2022, Bhutan did not export any services to Georgia.

Georgia-Bhutan In N/A, Georgia did not export any products to Bhutan.

In 2022, Georgia did not export any services to Bhutan.

Comparison In 2023,  Bhutan ranked 170 in total exports ($456M), and does not have data regarding Economic Complexity Index. That same year, Georgia ranked 55 in the Economic Complexity Index (ECI 0.13), and 123 in total exports ($6.39B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bhutan exported $11.7k to Georgia. There were not main exports from Bhutan to Georgia in 2022. During the last 23 years the exports of Bhutan to Georgia have increased at an annualized rate of 9.16%, from $1.55k in 1999 to $11.7k in 2022.

Georgia does not register exports to Bhutan. The main products exported from Georgia to Bhutan were Other live plants, cuttings and slips; mushroom spawn ($86.4k).

Exports from Bhutan (Flag) to Georgia (Flag) (2023)

Exports from Georgia (Flag) to Bhutan (Flag) (2023)

Latest Data

Trade between Bhutan (Flag) and Georgia (Flag)

Georgia Exports

Market Competitiveness

Color
Bhutan
Top Destination
India$421M
Georgia
Top Destination
Azerbaijan$828M

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

In 2023, countries that imported more from Bhutan than Georgia included India ($421M) and Indonesia ($2.9M).

In 2023, countries that imported more from Georgia than Bhutan included Azerbaijan ($828M), Turkey ($733M), and Armenia ($712M).

Difference in imports from Georgia (Flag) and Bhutan (Flag) (2023)

Comparative Advantage Bhutan - Georgia

Flow
Scale

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

During 2022, Bhutan had a large net trade with Georgia in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Bhutan (Flag) and Georgia (Flag) (2023)

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