Georgia (GEO) and Bhutan (BTN) Trade | The Observatory of Economic Complexity

About

Georgia-Bhutan Trade: In 2023, Georgia exported $86.4k to Bhutan. The main products that Georgia exported to Bhutan were Other live plants, cuttings and slips; mushroom spawn ($86.4k). Over the past 11 years the exports of Georgia to Bhutan have increased at an annualized rate of 20.3%, from $11.3k in 2012 to $86.4k in 2023.

In 2023, Georgia did not export any services to Bhutan.

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

In 2023, Bhutan did not export any services to Georgia.

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

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Georgia exported $86.4k to Bhutan. The main products exported from Georgia to Bhutan were Other live plants, cuttings and slips; mushroom spawn ($86.4k). During the last 11 years the exports of Georgia to Bhutan have increased at an annualized rate of 20.3%, from $11.3k in 2012 to $86.4k in 2023.

Bhutan does not register exports to Georgia.

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

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

Latest Data

Trade between Georgia () and Bhutan ()

Georgia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Georgia
Top DestinationAzerbaijan$828M

Bhutan
Top DestinationIndia$421M

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

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

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

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

Comparative Advantage Georgia - Bhutan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Georgia had a large net trade with Bhutan in the exports of Vegetable Products ($86.4k).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Georgia () and Bhutan ()

Georgia Exports

Market Competitiveness

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

Comparative Advantage Georgia - Bhutan

Economic Complexity

Competitive Landscape

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

Keep Exploring