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2023
Exports $12.4MWorld Rnk 63 / 125
Flag Rnk 4 / 297
2023
Destination $5.83M India
2022 - 2023
FASTEST GROWING MARKET $5.83MIndia
2023
PRODUCT COMPLEXITY IN Semi-Finished Iron-0.94Rnk 812 / 1025
2023
Imports $1.73MWorld Rnk 99 / 189
Flag Rnk 123 / 1042
2023
Origin $34 India
2022 - 2023
FASTEST GROWING ORIGIN $34Turkey

About

Exports In 2023, Bhutan exported $12.4M in Semi-Finished Iron, making it the 63rd largest exporter of Semi-Finished Iron in the world. At the same year, Semi-Finished Iron was the 4th most exported product in Bhutan. The main destination of Semi-Finished Iron exports from Bhutan are: India ($12.4M).

The fastest growing export markets for Semi-Finished Iron of Bhutan between 2022 and 2023 were India ($5.83M).

Imports In 2023, Bhutan imported $1.73M in Semi-Finished Iron, becoming the 99th largest importer of Semi-Finished Iron in the world. At the same year, Semi-Finished Iron was the 123rd most imported product in Bhutan. Bhutan imports Semi-Finished Iron primarily from: India ($1.73M) and Turkey ($34).

The fastest growing import markets in Semi-Finished Iron for Bhutan between 2022 and 2023 were Turkey ($34).

Latest Trends

Jan 2025

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 Semi-Finished Iron. 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 (2023)$12.4M
IMPORTS (2023)$1.73M
NET TRADE (2023)$10.7M

In 2023, Bhutan exported $12.4M in Semi-Finished Iron. The main destinations of Bhutan exports on Semi-Finished Iron were India ($12.4M).

In 2023, Bhutan imported $1.73M in Semi-Finished Iron, mainly from India ($1.73M) and Turkey ($34).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Semi-Finished Iron EXPORT MARKETS FOR Bhutan WERE (2022 - 2023):India$5.83M (88.3%)
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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 Semi-Finished Iron were:
Russia $6.75B
Oman $3.27B
Brazil $3.13B
In 2023, Bhutan's main importing competitors in Semi-Finished Iron were:
Turkey $3.36B
United States $2.81B
Indonesia $2.13B

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Trade Value of Semi-Finished Iron by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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