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Exports In 2022, Bhutan exported $31k in Packaged Medicaments, making it the 180th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 73rd most exported product in Bhutan. The main destination of Packaged Medicaments exports from Bhutan are: United Kingdom ($18.9k), Burundi ($11.5k), Belgium ($495), Nepal ($21), and Switzerland ($10).

The fastest growing export markets for Packaged Medicaments of Bhutan between 2021 and 2022 were United Kingdom ($18.9k), Burundi ($2.79k), and Belgium ($495).

Imports In 2022, Bhutan imported $4.77M in Packaged Medicaments, becoming the 188th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 53rd most imported product in Bhutan. Bhutan imports Packaged Medicaments primarily from: India ($4.1M), Singapore ($249k), Netherlands ($143k), Switzerland ($127k), and United States ($101k).

The fastest growing import markets in Packaged Medicaments for Bhutan between 2021 and 2022 were Singapore ($231k), Netherlands ($119k), and United States ($101k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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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 Packaged Medicaments. 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)$31k
IMPORTS (2022)$4.77M
NET TRADE (2022)-$4.73M

In 2022, Bhutan exported $31k in Packaged Medicaments. The main destinations of Bhutan exports on Packaged Medicaments were United Kingdom ($18.9k), Burundi ($11.5k), Belgium ($495), Nepal ($21), and Switzerland ($10).

In 2022, Bhutan imported $4.77M in Packaged Medicaments, mainly from India ($4.1M), Singapore ($249k), Netherlands ($143k), Switzerland ($127k), and United States ($101k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Bhutan WERE (2021 - 2022):
United Kingdom$18.9k (1%)
Burundi$2.79k (32%)
Belgium$495 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Bhutan WERE (2021 - 2022):
Singapore-$414 (-100%)
Namibia-$365 (-100%)
Indonesia-$83 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Bhutan's main exporting competitors in Packaged Medicaments were:
In 2022, Bhutan's main importing competitors in Packaged Medicaments were:

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

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

See methodology.

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