India / Bhutan

Overview In January 2024, India exported $68.4M and imported $19.6M from Bhutan, resulting in a positive trade balance of $48.8M. Between January 2023 and January 2024 the exports of India have decreased by $-16.8M (-19.8%) from $85.2M to $68.4M, while imports decreased by $-10.9M (-35.8%) from $30.5M to $19.6M.

Trade In January 2024, the top exports of India to Bhutan were Petroleum Products ($14.1M), Iron And Steel ($6.1M), Electric Machinery And Equipme ($4.7M), Other Wood And Wood Products ($3.96M), and Products Of Iron And Steel ($3.48M). In January 2024 the top imports of India from Bhutan were Iron And Steel ($21.6M), Processed Minerals ($5.56M), Cmnt, Clinkr And Asbstos Cmnt ($943k), Spices ($455k), and Granit, Natrl Stone And Prodct ($446k).

Growth In January 2024, the decrease in India's year-by-year exports to Bhutan was explained primarily by an decrease in product exports in Other Commodities ($-4.97M or -63.6%), Motor Vehicle/Cars ($-1.38M or -45.7%), and Electronics Components ($-899k or -33.3%). In January 2024, the decrease in India's year-by-year imports  from Bhutan was explained primarily by an decrease in product imports  in Iron And Steel ($-2.31M or -9.68%), Other Commodities ($-1.7M or -99.8%), and Cmnt, Clinkr And Asbstos Cmnt ($-418k or -30.7%).