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

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Bhutan-Georgia Trade: In 2022, Bhutan exported $11.7k to Georgia. The main products that Bhutan exported to Georgia were Citrus ($11.7k). 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 Trade: In 2022, Georgia exported $89.5k to Bhutan. The main products that Georgia exported to Bhutan were Other live plants, cuttings and slips; mushroom spawn ($89.5k). Over the past 23 years the exports of Georgia to Bhutan have increased at an annualized rate of 35.2%, from $19.8k in 1999 to $89.5k in 2022.

In 2022, Georgia 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, Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bhutan exported $11.7k to Georgia. The main products exported from Bhutan to Georgia were Citrus ($11.7k). 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.

In 2017, Georgia exported $89.5k to Bhutan. The main products exported from Georgia to Bhutan were Other live plants, cuttings and slips; mushroom spawn ($89.5k). During the last 5 years the exports of Georgia to Bhutan have increased at an annualized rate of 35.2%, from $19.8k in 2022 to $89.5k in 2017.

Exports from Bhutan () to Georgia () (2022)

Exports from Georgia () to Bhutan () (2022)

Latest Data

Trade between Bhutan () and Georgia ()

Georgia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bhutan
Top DestinationIndia$343M

Georgia
Top DestinationChina$759M

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

In 2022, countries that imported more from Georgia than Bhutan included China ($759M), Azerbaijan ($668M), and Russia ($642M).

Difference in imports from Georgia () and Bhutan () (2022)

Comparative Advantage Bhutan - Georgia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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 Vegetable Products ($11.7k).

During 2017, Georgia had a large net trade with Bhutan in the exports of Vegetable Products ($89.5k).

Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Bhutan () to Georgia () (2022)

Exports from Georgia () to Bhutan () (2022)

Latest Data

Trade between Bhutan () and Georgia ()

Georgia Exports

Market Competitiveness

Difference in imports from Georgia () and Bhutan () (2022)

Comparative Advantage Bhutan - Georgia

Economic Complexity

Competitive Landscape

Product Space of Bhutan () and Georgia () (2022)

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