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Full trade & compliance profile

Bhutan — Trade & Compliance

Bhutan's trade profile consolidates its merchandise flow from CEPII BACI, the preferential agreements it has entered from the World Bank, the international cargo conventions it has ratified from the UN Treaty Collection, and its applied tariff, VAT and currency of record from the World Bank, the EU and ISO 4217.

Every figure is shown as its named source records it and dated where the source dates it; trade partners and product codes link to their own pages where logibook profiles them.

4
trade agreements
1
cargo treaties
9.82%
MFN applied tariff

Memberships & standing

Income groupLower middle income
Member ofAPACIMFUNWCO
DatabookThe Record of Consolidated Knowledge
Bhutan beyond logistics?
Browse databook

Trade Flow

Top export markets
  1. 1India94.5%
  2. 2Rep. of Korea2.8%
  3. 3USA0.7%
  4. 4Singapore0.7%
  5. 5Italy0.2%
CEPII BACI · 2024
Top import sources
  1. 1India81.6%
  2. 2Singapore8.0%
  3. 3China4.8%
  4. 4China, Hong Kong SAR2.1%
  5. 5Thailand0.9%
CEPII BACI · 2024
Leading export goods (HS2)
  1. 1Iron & steel46.3%
  2. 2Aircraft & spacecraft21.4%
  3. 3Salt, sulphur, stone, cement20.3%
  4. 4Beverages & spirits4.6%
  5. 5Inorganic chemicals2.7%
CEPII BACI · 2024
Leading import goods (HS2)
  1. 1Mineral fuels & oils18.5%
  2. 2Electrical machinery13.5%
  3. 3Machinery & mechanical appliances8.6%
  4. 4Pearls, precious stones & metals6.0%
  5. 5Aircraft & spacecraft5.7%
CEPII BACI · 2024
Fastest-rising export markets
  1. 1India+18.79pp
  2. 2Rep. of Korea+2.38pp
CEPII BACI · 2024
Declining export markets
  1. 1Bangladesh−12.43pp
  2. 2Italy−3.81pp
  3. 3Nepal−1.83pp
CEPII BACI · 2024
Fastest-rising export goods
  1. 1Aircraft & spacecraft+20.62pp
  2. 2Beverages & spirits+1.28pp
  3. 3Inorganic chemicals+1.01pp
CEPII BACI · 2024
Declining export goods
  1. 1Iron & steel−8.67pp
  2. 2Salt, sulphur, stone, cement−5.23pp
  3. 3Coffee, tea, spices−2.38pp
CEPII BACI · 2024

Showing the leading partners and product groups by trade share; the full bilateral flow matrix is inCEPII BACI · 2024

Preferential Trade Agreements

South Asian Free Trade Agreement (SAFTA) - Accession of Afghanistan2011
FTAGoods
India - Bhutan2006
PSAGoods
South Asian Free Trade Agreement (SAFTA)2006
FTAGoods
South Asian Preferential Trade Arrangement (SAPTA)1995
PSAGoods
World Bank DTA · 4 trade agreements in force

International Cargo Treaties

  • Agreement relating to the implementation of Part XI of the United Nations Convention on the Law of the Sea of 10 December 1982. New York, 28 July 1994
    Party · 1994171 ratifications
UN Treaty Collection · 1 ratified

Fiscal & Tariffs

Currency
BTN
Ngultrum
ISO numeric 0642 minor units
ISO 4217
MFN applied tariff
9.82%
simple average (2022)
World Bank WDI

Key commodities

Top agricultural output
Raw milk of cattle
44K t
FAOSTAT · 2024
Top mineral output
gypsum and plaster
450K tonnes (metric)
BGS · 2023
Energy production
Primary energy production
U.S. EIA

Top item per category of 95 commodities trackedfull lists: FAOSTAT · 2026-05 · British Geological Survey · U.S. EIA

All Sources

TradeCountry Trade Facts (CEPII BACI)
etalab-2.0
TradeWorld Bank Deep Trade Agreements (DTA)
cc-by-4.0
Sanctions & complianceUN Treaty Collection — Multilateral Treaties Deposited (MTDSG)
open
fiscalWorld Bank – World Development Indicators (WDI)
cc-by-4.0
fiscalISO 4217 Currency Codes
open
commoditythe British Geological Surveythe British Geological Survey
OGL
Referencelogibook trade-bloc referencelogibook trade-bloc reference
Compiled (public facts)
commoditythe U.S. Energy Information Administrationthe U.S. Energy Information Administration
Public domain (US gov)
commodityFAOSTATFAOSTAT
CC BY 4.0 IGO
Referenceinternational organisation membership recordsinternational organisation membership records
Public (official lists)
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