India / Bhutan

Overview In August 2024, India exported $89.2M and imported $32.2M from Bhutan, resulting in a positive trade balance of $56.9M. Between August 2023 and August 2024 the exports of India have increased by $10.8M (13.8%) from $78.4M to $89.2M, while imports decreased by $-23.7M (-42.4%) from $56M to $32.2M.

Trade In August 2024, the top exports of India to Bhutan were Petroleum Products ($14.1M), Iron And Steel ($6.1M), Electric Machinery And Equipme ($4.7M), Other Wood And Wood Products ($3.96M), and Products Of Iron And Steel ($3.48M). In August 2024 the top imports of India from Bhutan were Iron And Steel ($21.6M), Processed Minerals ($5.56M), Cmnt, Clinkr And Asbstos Cmnt ($943k), Spices ($455k), and Granit, Natrl Stone And Prodct ($446k).

Growth In August 2024, the increase in India's year-by-year exports to Bhutan was explained primarily by an increase in product exports in Petroleum Products ($4.19M or 42.1%), Iron And Steel ($2.63M or 75.5%), and Electric Machinery And Equipme ($2.07M or 78.8%). In August 2024, the decrease in India's year-by-year imports  from Bhutan was explained primarily by an decrease in product imports  in Iron And Steel ($-2.31M or -9.68%), Other Commodities ($-1.7M or -99.8%), and Cmnt, Clinkr And Asbstos Cmnt ($-418k or -30.7%).