2022
Flag  
GDP
$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH
83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC 
$7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH
92.5%CURRENT US$
Rnk 10 / 186

About

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

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

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

Comparison In 2022,  Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081),  and 122 in total exports ($5.78B). 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
Value

Armenia does not register exports to Bhutan.

Bhutan does not register exports to Armenia. The main products exported from Bhutan to Armenia were Flavored Water ($9.4k) and Insulated Wire ($6).

Exports from Armenia (Flag) to Bhutan (Flag) (2022)

Exports from Bhutan (Flag) to Armenia (Flag) (2022)

Market Competitiveness

Color
Armenia
Top Destination
Russia$2.36B
Bhutan
Top Destination
India$343M

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

In 2022, countries that imported more from Armenia than Bhutan included Russia ($2.36B), United Arab Emirates ($535M), and China ($420M).

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

Difference in imports from Bhutan (Flag) and Armenia (Flag) (2022)

Comparative Advantage Armenia - Bhutan

Flow
Scale

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Armenia Bhutan+N/AN/A
Top Product Potential Bhutan Armenia+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

Product Space of Armenia (Flag) and Bhutan (Flag) (2022)

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