2022
Exports
$251MWorld Rnk 37 / 129
Flag Rnk 1 / 326
2022
PRODUCT COMPLEXITY IN Ferroalloys
-1.24Rnk 892 / 1025
2022
Imports
$1.42MWorld Rnk 128 / 172
Flag Rnk 140 / 1049

About

Exports In 2022, Bhutan exported $251M in Ferroalloys, making it the 37th largest exporter of Ferroalloys in the world. At the same year, Ferroalloys was the 1st most exported product in Bhutan. The main destination of Ferroalloys exports from Bhutan are: India ($225M), Italy ($18.4M), China ($2.6M), South Korea ($1.9M), and Indonesia ($1.51M).

The fastest growing export markets for Ferroalloys of Bhutan between 2021 and 2022 were Italy ($12.8M), China ($2.6M), and South Korea ($1.9M).

Imports In 2022, Bhutan imported $1.42M in Ferroalloys, becoming the 128th largest importer of Ferroalloys in the world. At the same year, Ferroalloys was the 140th most imported product in Bhutan. Bhutan imports Ferroalloys primarily from: India ($1.42M) and Thailand ($457).

The fastest growing import markets in Ferroalloys for Bhutan between 2021 and 2022 were India ($529k) and Thailand ($457).

Historical Data

Trade Balance

Color
EXPORTS (2022)$251M
IMPORTS (2022)$1.42M
NET TRADE (2022)$249M

In 2022, Bhutan exported $251M in Ferroalloys. The main destinations of Bhutan exports on Ferroalloys were India ($225M), Italy ($18.4M), China ($2.6M), South Korea ($1.9M), and Indonesia ($1.51M).

In 2022, Bhutan imported $1.42M in Ferroalloys, mainly from India ($1.42M) and Thailand ($457).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ferroalloys EXPORT MARKETS FOR Bhutan WERE (2021 - 2022):
Italy$12.8M (226%)
China$2.6M (1%)
South Korea$1.9M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ferroalloys BY Bhutan WERE (2021 - 2022):
India-$2.51M (-1.1%)
Germany-$875k (-69.4%)
Turkey-$738k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bhutan's main exporting competitors in Ferroalloys were:
In 2022, Bhutan's main importing competitors in Ferroalloys were:

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Trade Value of Ferroalloys by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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