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2020
Exports $720kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Iron Reductions-1.12Rnk 860 / 1025
2020
Imports $39.3MWorld Rnk 24 / 142
Flag Rnk 4 / 1042

About

Imports In 2023, Bhutan imported $39.3M in Iron Reductions, becoming the 24th largest importer of Iron Reductions in the world. At the same year, Iron Reductions was the 4th most imported product in Bhutan. Bhutan imports Iron Reductions primarily from: India ($39.3M).

The fastest growing import markets in Iron Reductions for Bhutan between 2022 and 2023 were India ($7.74M).

Historical Data

Trade Balance

Color
EXPORTS (2020)$720k
IMPORTS (2023)$39.3M
NET TRADE (2023)-$39.3M

In 2023, Bhutan imported $39.3M in Iron Reductions, mainly from India ($39.3M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bhutan's main exporting competitors in Iron Reductions were:
Russia $910M
India $701M
Trinidad and Tobago $617M
In 2023, Bhutan's main importing competitors in Iron Reductions were:
Saudi Arabia $1.02B
United States $601M
Oman $481M

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Trade Value of Iron Reductions by Exporters

Potential Exports

Potential Exports

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N/A
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Iron Reductions’s highest export potential is N/A. With an export gap of N/A.   Iron Reductions’s highest import potential is N/A with an import gap of N/A.

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