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

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Georgia-Bhutan Trade: In 2022, Georgia exported $93.4k to Bhutan. The main products that Georgia exported to Bhutan were Other live plants, cuttings and slips; mushroom spawn ($89.5k). Over the past 19 years the exports of Georgia to Bhutan have increased at an annualized rate of 5.92%, from $31.3k in 2003 to $93.4k in 2022.

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

Bhutan-Georgia Trade: In 2022, Bhutan exported $1.55k to Georgia. The main products that Bhutan exported to Georgia were Citrus ($11.7k). Over the past 19 years the exports of Bhutan to Georgia have decreased at an annualized rate of 6.84%, from $5.97k in 2003 to $1.55k in 2022.

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

Comparison In 2022, Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B). That same year, Bhutan ranked 177 in total exports ($392M), 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 2022, Georgia exported $93.4k to Bhutan. The main products exported from Georgia to Bhutan were Other live plants, cuttings and slips; mushroom spawn ($89.5k). During the last 19 years the exports of Georgia to Bhutan have increased at an annualized rate of 5.92%, from $31.3k in 2003 to $93.4k in 2022.

In 1999, Bhutan exported $1.55k to Georgia. The main products exported from Bhutan to Georgia were Citrus ($11.7k). During the last 2 years the exports of Bhutan to Georgia have decreased at an annualized rate of 6.84%, from $5.97k in 1997 to $1.55k in 1999.

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

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

Latest Data

Trade between Georgia () and Bhutan ()

Georgia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Georgia
Top DestinationChina$759M

Bhutan
Top DestinationIndia$343M

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

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

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

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 2022, Georgia had a large net trade with Bhutan in the exports of Vegetable Products ($89.5k).

During 1999, Bhutan had a large net trade with Georgia in the exports of Vegetable Products ($11.7k).

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 () (2022)

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

Latest Data

Trade between Georgia () and Bhutan ()

Georgia Exports

Market Competitiveness

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

Comparative Advantage Georgia - Bhutan

Economic Complexity

Competitive Landscape

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

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