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Exports In 2023, Bhutan exported $19.5k in Rice, making it the 146th largest exporter of Rice in the world. At the same year, Rice was the 77th most exported product in Bhutan. The main destination of Rice exports from Bhutan are: Switzerland ($18.9k), Austria ($560), and Canada ($25).

The fastest growing export markets for Rice of Bhutan between 2022 and 2023 were Switzerland ($18.9k), Austria ($560), and Canada ($25).

Imports In 2023, Bhutan imported $21M in Rice, becoming the 123rd largest importer of Rice in the world. At the same year, Rice was the 9th most imported product in Bhutan. Bhutan imports Rice primarily from: India ($20.9M) and Thailand ($19.3k).

The fastest growing import markets in Rice for Bhutan between 2022 and 2023 were Thailand ($19.3k).

Historical Data

Trade Balance

Color
EXPORTS (2023)$19.5k
IMPORTS (2023)$21M
NET TRADE (2023)-$20.9M

In 2023, Bhutan exported $19.5k in Rice. The main destinations of Bhutan exports on Rice were Switzerland ($18.9k), Austria ($560), and Canada ($25).

In 2023, Bhutan imported $21M in Rice, mainly from India ($20.9M) and Thailand ($19.3k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Bhutan WERE (2022 - 2023):
Switzerland$18.9k (1%)
Austria$560 (1%)
Canada$25 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Bhutan WERE (2022 - 2023):
Thailand-$43 (-100%)
Singapore-$21 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bhutan's main exporting competitors in Rice were:
In 2023, Bhutan's main importing competitors in Rice were:

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Trade Value of Rice by Exporters

Potential Exports

Potential Exports

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

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