2023
Flag
 GDP
$72.4BCURRENT US$
Rnk 83 / 195
2013-2023
Flag
GDP GROWTH
-2.43%CURRENT US$
Rnk 173 / 195
2023
Flag
GDP PC
$7,126CURRENT US$
Rnk 103 / 196
2013-2023
Flag
GDP PC GROWTH
-9.52%CURRENT US$
Rnk 168 / 195

About

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

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

In N/A, Azerbaijan 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, Azerbaijan ranked 84 in the Economic Complexity Index (ECI -0.43), and 70 in total exports ($31.2B).

Historical Data

Bilateral Trade by Products

Depth
Value
Year

Bhutan does not register exports to Azerbaijan.

Azerbaijan does not register exports to Bhutan.

Exports from Bhutan (Flag) to Azerbaijan (Flag) (2021)

Exports from Azerbaijan (Flag) to Bhutan (Flag) (2021)

Market Competitiveness

Color
Bhutan
Top Destination
India$421M
Azerbaijan
Top Destination
Italy$11.4B

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

In 2023, countries that imported more from Bhutan than Azerbaijan included Brazil ($594k), Malawi ($47k), and Argentina ($1.36k).

In 2023, countries that imported more from Azerbaijan than Bhutan included Italy ($11.4B), Turkey ($5.85B), and Israel ($1.4B).

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

Comparative Advantage Bhutan - Azerbaijan

Flow
Scale
Year

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

Economic Complexity

Competitive Landscape

Year

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

Product Space of Bhutan (Flag) and Azerbaijan (Flag) (2021)

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