Iron & steel in Bhutan | The Observatory of Economic Complexity

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Exports In 2022, Bhutan exported $257M in Iron & steel, making it the 84th largest exporter of Iron & steel in the world. At the same year, Iron & steel was the 1st most exported product in Bhutan. The main destination of Iron & steel exports from Bhutan are: India ($231M), Italy ($18.4M), China ($2.6M), South Korea ($1.9M), and Indonesia ($1.51M).

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

Imports In 2022, Bhutan imported $75.2M in Iron & steel, becoming the 150th largest importer of Iron & steel in the world. At the same year, Iron & steel was the 4th most imported product in Bhutan. Bhutan imports Iron & steel primarily from: India ($75.2M) and Thailand ($457).

The fastest growing import markets in Iron & steel for Bhutan between 2021 and 2022 were India ($37.3M) and Thailand ($457).

Oct 2024

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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 Iron & steel. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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EXPORTS (2022)$257M

IMPORTS (2022)$75.2M

NET TRADE (2022)$182M

In 2022, Bhutan exported $257M in Iron & steel. The main destinations of Bhutan exports on Iron & steel were India ($231M), Italy ($18.4M), China ($2.6M), South Korea ($1.9M), and Indonesia ($1.51M).

In 2022, Bhutan imported $75.2M in Iron & steel, mainly from India ($75.2M) and Thailand ($457).