Overall Exports and Imports for Bhutan 2023
- The total value of exports (FOB) is US$ 436 million.
- The total value of imports (CIF) is US$ 1,290 million.
- At the HS6 digit level, 362 products are exported to 43 countries and 3,652 products are imported from 57 countries.
Top 5 Products exports imports at HS 6 digit level 2023
The top five exported HS 6 digit level products to world by Bhutan along with trade value are:
- Bhutan exported Ferro-silicon, containing by weight more than 5 , worth 166,653.98 (US$ Thousands).
- Bhutan exported Dolomite not calcined , worth 47,417.81 (US$ Thousands).
- Bhutan exported Ferro-silico-manganese , worth 30,130.86 (US$ Thousands).
- Bhutan exported Porphyry, sylnite, etc, merely cut into a squar , worth 28,555.03 (US$ Thousands).
- Bhutan exported Portland cement (excl. white) , worth 20,141.12 (US$ Thousands).
The top five imported HS 6 digit level products from world by Bhutan along with trade value are
- Bhutan imported Petroleum oils, etc, (excl. crude); preparation , worth 175,297.02 (US$ Thousands).
- Bhutan imported Digital process units whether or not presented , worth 48,439.96 (US$ Thousands).
- Bhutan imported Transmission apparatus, for radioteleph incorpo , worth 43,368.65 (US$ Thousands).
- Bhutan imported Ferrous products obtained by direct reduction o , worth 38,837.63 (US$ Thousands).
- Bhutan imported Semi-milled or wholly milled rice , worth 37,056.70 (US$ Thousands).
Bhutan top 5 Export and Import partners 2023
The top five countries to which Bhutan exported 2023 along with the partner share in percentage are:
- Bhutan exports to India worth US$ 338 million, with a partner share of 77.57 percent.
- Bhutan exports to Bangladesh worth US$ 61 million, with a partner share of 13.98 percent.
- Bhutan exports to Italy worth US$ 18 million, with a partner share of 4.24 percent.
- Bhutan exports to Nepal worth US$ 9 million, with a partner share of 1.99 percent.
- Bhutan exports to China worth US$ 4 million, with a partner share of 0.83 percent.
The top five countries to which Bhutan imported goods 2023 along with the share in percentage are
- Bhutan imports from India worth US$ 1,031 million, with a partner share of 79.91 percent.
- Bhutan imports from China worth US$ 83 million, with a partner share of 6.46 percent.
- Bhutan imports from Singapore worth US$ 67 million, with a partner share of 5.17 percent.
- Bhutan imports from Thailand worth US$ 21 million, with a partner share of 1.66 percent.
- Bhutan imports from Hong Kong, China worth US$ 19 million, with a partner share of 1.50 percent.
Bhutan Exports and Imports of Product Groups 2023
Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import.
- Bhutan Raw materials exports are worth US$ 135 million, product share of 30.99%.
- Bhutan Raw materials imports are worth US$ 99 million, product share of 7.67%.
- Bhutan Intermediate goods exports are worth US$ 259 million, product share of 59.48%.
- Bhutan Intermediate goods imports are worth US$ 280 million, product share of 21.74%.
- Bhutan Consumer goods exports are worth US$ 41 million, product share of 9.50%.
- Bhutan Consumer goods imports are worth US$ 607 million, product share of 47.06%.
- Bhutan Capital goods exports are worth US$ 0 million, product share of 0.04%.
- Bhutan Capital goods imports are worth US$ 304 million, product share of 23.53%.
Bhutan Trade Indicators 2023
- Hirschman Herfindahl Market concentration index is 0.84.
- Index of export market penetration is 0.84.
- World Growth in percentage is 0.84 and Bhutan Country Growth is 7.83.
Bhutan Service Trade data from WDI 2023
- Bhutan, Service imports (BoP, current US$) is 323,392,256.60.
- Bhutan, Service exports (BoP, current US$) is 127,157,614.66.
- Bhutan, Imports of goods and services as percentage of GDP is 53.24 %.
- Bhutan, Exports of goods and services as percentage of GDP is 28.33 %.