2022
Exports
$9.65MWorld Rnk 162 / 216
Flag Rnk 3 / 75
2022
PRODUCT COMPLEXITY IN Mineral fuels, mineral oils and products of their distillation
0.48Rnk 371 / 1025
2022
Imports
$219MWorld Rnk 167 / 225
Flag Rnk 2 / 95

About

Exports In 2022, Bhutan exported $9.65M in Mineral fuels, mineral oils and products of their distillation, making it the 162nd largest exporter of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 3rd most exported product in Bhutan. The main destination of Mineral fuels, mineral oils and products of their distillation exports from Bhutan are: India ($9.64M), United Kingdom ($4.35k), and Thailand ($6).

The fastest growing export markets for Mineral fuels, mineral oils and products of their distillation of Bhutan between 2021 and 2022 were India ($5.89M), United Kingdom ($4.35k), and Thailand ($6).

Imports In 2022, Bhutan imported $219M in Mineral fuels, mineral oils and products of their distillation, becoming the 167th largest importer of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 2nd most imported product in Bhutan. Bhutan imports Mineral fuels, mineral oils and products of their distillation primarily from: India ($218M), Iceland ($549k), Japan ($3.89k), and Poland ($3.74k).

The fastest growing import markets in Mineral fuels, mineral oils and products of their distillation for Bhutan between 2021 and 2022 were India ($55.3M), Iceland ($549k), and Poland ($3.2k).

Latest Trends

Nov 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 Mineral fuels, mineral oils and products of their distillation. 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 (2022)$9.65M
IMPORTS (2022)$219M
NET TRADE (2022)-$209M

In 2022, Bhutan exported $9.65M in Mineral fuels, mineral oils and products of their distillation. The main destinations of Bhutan exports on Mineral fuels, mineral oils and products of their distillation were India ($9.64M), United Kingdom ($4.35k), and Thailand ($6).

In 2022, Bhutan imported $219M in Mineral fuels, mineral oils and products of their distillation, mainly from India ($218M), Iceland ($549k), Japan ($3.89k), and Poland ($3.74k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mineral fuels, mineral oils and products of their distillation EXPORT MARKETS FOR Bhutan WERE (2021 - 2022):
India$5.89M (157%)
United Kingdom$4.35k (1%)
Thailand$6 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mineral fuels, mineral oils and products of their distillation BY Bhutan WERE (2021 - 2022):
Nepal-$78 (-100%)
Singapore-$6 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Bhutan's main exporting competitors in Mineral fuels, mineral oils and products of their distillation were:
In 2022, Bhutan's main importing competitors in Mineral fuels, mineral oils and products of their distillation were:

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Trade Value of Mineral fuels, mineral oils and products of their distillation by Exporters

Potential Exports

Potential Exports

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N/A
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Mineral fuels, mineral oils and products of their distillation’s highest export potential is N/A. With an export gap of N/A.   Mineral fuels, mineral oils and products of their distillation’s highest import potential is N/A with an import gap of N/A.

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