Iron & steel in Bhutan | The Observatory of Economic Complexity

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Exports In 2023, Bhutan exported $225M in Iron & steel, making it the 83rd 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 ($196M), Italy ($17.3M), China ($2.89M), Indonesia ($2.89M), and Spain ($1.44M).

The fastest growing export markets for Iron & steel of Bhutan between 2022 and 2023 were Indonesia ($1.22M), Spain ($1M), and Slovenia ($864k).

Imports In 2023, Bhutan imported $80.4M in Iron & steel, becoming the 142nd 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 ($80.4M), China ($61.1k), Thailand ($3.98k), and Turkey ($34).

The fastest growing import markets in Iron & steel for Bhutan between 2022 and 2023 were India ($5.18M), China ($61.1k), and Thailand ($3.55k).

Dec 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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Year

EXPORTS (2023)$225M

IMPORTS (2023)$80.4M

NET TRADE (2023)$144M

In 2023, Bhutan exported $225M in Iron & steel. The main destinations of Bhutan exports on Iron & steel were India ($196M), Italy ($17.3M), China ($2.89M), Indonesia ($2.89M), and Spain ($1.44M).

In 2023, Bhutan imported $80.4M in Iron & steel, mainly from India ($80.4M), China ($61.1k), Thailand ($3.98k), and Turkey ($34).