2022
Exports
$4.75kWorld Rnk 156 / 194
Flag Rnk 128 / 326
2022
PRODUCT COMPLEXITY IN Wood Ornaments
-0.4Rnk 674 / 1025
2022
Imports
$7.23kWorld Rnk 198 / 217
Flag Rnk 773 / 1049

About

Exports In 2022, Bhutan exported $4.75k in Wood Ornaments, making it the 156th largest exporter of Wood Ornaments in the world. At the same year, Wood Ornaments was the 128th most exported product in Bhutan. The main destination of Wood Ornaments exports from Bhutan are: Austria ($2.65k), Germany ($1.83k), and Nepal ($268).

The fastest growing export markets for Wood Ornaments of Bhutan between 2021 and 2022 were Austria ($2.65k), Germany ($1.83k), and Nepal ($268).

Imports In 2022, Bhutan imported $7.23k in Wood Ornaments, becoming the 198th largest importer of Wood Ornaments in the world. At the same year, Wood Ornaments was the 773rd most imported product in Bhutan. Bhutan imports Wood Ornaments primarily from: Nepal ($5.12k), India ($1.34k), United Arab Emirates ($454), South Korea ($288), and China ($29).

The fastest growing import markets in Wood Ornaments for Bhutan between 2021 and 2022 were Nepal ($5.12k), South Korea ($288), and India ($75).

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 Wood Ornaments. 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)$4.75k
IMPORTS (2022)$7.23k
NET TRADE (2022)-$2.48k

In 2022, Bhutan exported $4.75k in Wood Ornaments. The main destinations of Bhutan exports on Wood Ornaments were Austria ($2.65k), Germany ($1.83k), and Nepal ($268).

In 2022, Bhutan imported $7.23k in Wood Ornaments, mainly from Nepal ($5.12k), India ($1.34k), United Arab Emirates ($454), South Korea ($288), and China ($29).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Ornaments EXPORT MARKETS FOR Bhutan WERE (2021 - 2022):
Austria$2.65k (1%)
Germany$1.83k (1%)
Nepal$268 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Ornaments BY Bhutan WERE (2021 - 2022):Philippines-$196 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bhutan's main exporting competitors in Wood Ornaments were:
China $1.65B
Germany $83.5M
In 2022, Bhutan's main importing competitors in Wood Ornaments were:

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Trade Value of Wood Ornaments by Exporters

Potential Exports

Potential Exports

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

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

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