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2018
Exports $2.54MWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Animal or vegetable fats, oils, & waxes0.8Rnk 244 / 1025
2018
Imports $25.7MWorld Rnk 154 / 224
Flag Rnk 10 / 95

About

Imports In 2022, Bhutan imported $25.7M in Animal or vegetable fats, oils, & waxes, becoming the 154th largest importer of Animal or vegetable fats, oils, & waxes in the world. At the same year, Animal or vegetable fats, oils, & waxes was the 10th most imported product in Bhutan. Bhutan imports Animal or vegetable fats, oils, & waxes primarily from: India ($25.7M), United Arab Emirates ($35.4k), Italy ($14.8k), South Korea ($1.17k), and Thailand ($810).

The fastest growing import markets in Animal or vegetable fats, oils, & waxes for Bhutan between 2021 and 2022 were United Arab Emirates ($18k), Italy ($14.8k), and South Korea ($1.17k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Animal or vegetable fats, oils, & waxes. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2018)$2.54M
IMPORTS (2022)$25.7M
NET TRADE (2022)-$25.7M

In 2022, Bhutan imported $25.7M in Animal or vegetable fats, oils, & waxes, mainly from India ($25.7M), United Arab Emirates ($35.4k), Italy ($14.8k), South Korea ($1.17k), and Thailand ($810).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Bhutan's main exporting competitors in Animal or vegetable fats, oils, & waxes were:
Indonesia $44.7B
Malaysia $27.9B
Netherlands $9.75B
In 2022, Bhutan's main importing competitors in Animal or vegetable fats, oils, & waxes were:
India $22.3B
China $16.6B
United States $15.2B

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Trade Value of Animal or vegetable fats, oils, & waxes by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

Animal or vegetable fats, oils, & waxes’s highest export potential is N/A. With an export gap of N/A.   Animal or vegetable fats, oils, & waxes’s highest import potential is N/A with an import gap of N/A.

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