2022
Exports
$2.7MWorld Rnk 140 / 221
Flag Rnk 9 / 75
2022
PRODUCT COMPLEXITY IN Wood, wood articles, & charcoal
0.3Rnk 451 / 1025
2022
Imports
$53.6MWorld Rnk 111 / 226
Flag Rnk 6 / 95

About

Exports In 2022, Bhutan exported $2.7M in Wood, wood articles, & charcoal, making it the 140th largest exporter of Wood, wood articles, & charcoal in the world. At the same year, Wood, wood articles, & charcoal was the 9th most exported product in Bhutan. The main destination of Wood, wood articles, & charcoal exports from Bhutan are: India ($2.6M), United States ($86.9k), United Kingdom ($8.37k), Austria ($2.65k), and Nepal ($2k).

The fastest growing export markets for Wood, wood articles, & charcoal of Bhutan between 2021 and 2022 were India ($504k), United Kingdom ($8.37k), and United States ($2.69k).

Imports In 2018, Bhutan imported $53.6M in Wood, wood articles, & charcoal, becoming the 111th largest importer of Wood, wood articles, & charcoal in the world. At the same year, Wood, wood articles, & charcoal was the 6th most imported product in Bhutan. Bhutan imports Wood, wood articles, & charcoal primarily from: India ($53.5M), United States ($93.9k), China ($14.9k), Nepal ($5.86k), and South Korea ($3.65k).

The fastest growing import markets in Wood, wood articles, & charcoal for Bhutan between 2021 and 2022 were India ($13.2M), United States ($93.9k), and China ($13.9k).

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, wood articles, & charcoal. 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)$2.7M
IMPORTS (2022)$53.6M
NET TRADE (2022)-$50.9M

In 2022, Bhutan exported $2.7M in Wood, wood articles, & charcoal. The main destinations of Bhutan exports on Wood, wood articles, & charcoal were India ($2.6M), United States ($86.9k), United Kingdom ($8.37k), Austria ($2.65k), and Nepal ($2k).

In 2022, Bhutan imported $53.6M in Wood, wood articles, & charcoal, mainly from India ($53.5M), United States ($93.9k), China ($14.9k), Nepal ($5.86k), and South Korea ($3.65k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood, wood articles, & charcoal EXPORT MARKETS FOR Bhutan WERE (2021 - 2022):
India$504k (24.1%)
United Kingdom$8.37k (1%)
United States$2.69k (3.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood, wood articles, & charcoal BY Bhutan WERE (2021 - 2022):
Denmark-$92.1k (-100%)
Nepal-$17.6k (-89.8%)
United Arab Emirates-$1.68k (-98.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bhutan's main exporting competitors in Wood, wood articles, & charcoal were:
China $18.7B
Germany $12.9B
In 2022, Bhutan's main importing competitors in Wood, wood articles, & charcoal were:

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Trade Value of Wood, wood articles, & charcoal by Exporters

Potential Exports

Potential Exports

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

Wood, wood articles, & charcoal’s highest export potential is N/A. With an export gap of N/A.   Wood, wood articles, & charcoal’s highest import potential is N/A with an import gap of N/A.

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