HS Icon Iron Reductions in  Flag Bhutan

2020
Exports | Imports
: $660k | $26.7M, World Rnk 41 / 85
Flag Rnk 17 / 255 | World Rnk 21 / 138
Flag Rnk 4 / 994

2020
PRODUCT COMPLEXITY  IN Iron Reductions
: -0.6, Rnk 727 / 1029

Exports In 2020, Bhutan exported $660k in Iron Reductions, making it the 41st largest exporter of Iron Reductions in the world. At the same year, Iron Reductions was the 17th most exported product in Bhutan. The main destination of Iron Reductions exports from Bhutan are: India ($660k).

The fastest growing export markets for Iron Reductions of Bhutan between 2019 and 2020 were India ($655k).

Imports In 2020, Bhutan imported $26.7M in Iron Reductions, becoming the 21st 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 ($26.7M).

Tariffs In 2019, the average tariff for Bhutan in Iron Reductions was 19.6%. The countries with the highest import tariffs for Iron Reductions were Angola (Most Favoured Nation duty rate treatement, 20%), Burundi (Most Favoured Nation duty rate treatement, 20%), Benin (Most Favoured Nation duty rate treatement, 20%), Burkina Faso (Most Favoured Nation duty rate treatement, 20%), and Botswana (Most Favoured Nation duty rate treatement, 20%).

Subnational Monthly Trade

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The following visualization shows the latest trends on Iron Reductions. 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

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EXPORTS (2020): $660k

IMPORTS (2020): $26.7M

NET TRADE (2020): -$26.1M

In 2020, Bhutan exported $660k in Iron Reductions. The main destinations of Bhutan exports on Iron Reductions were India ($660k).

In 2020, Bhutan imported $26.7M in Iron Reductions, mainly from India ($26.7M).

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Flow

THE FASTEST GROWING Iron Reductions EXPORT MARKETS FOR Bhutan WERE (2019 - 2020):: India, $655k (14.3k%)

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Market Concentration

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In 2020, Bhutan's main exporting competitors in Iron Reductions were:

In 2020, Bhutan's main importing competitors in Iron Reductions were:

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