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2022
Exports $2.7MWorld Rnk 142 / 221
Flag Rnk 8 / 19
2022
Destination $504k India
2021 - 2022
FASTEST GROWING MARKET $504kIndia
2022
PRODUCT COMPLEXITY IN Wood Products0.3Rnk 451 / 1025
2022
Imports $53.6MWorld Rnk 112 / 226
Flag Rnk 8 / 21
2022
Origin $13.2M India
2021 - 2022
FASTEST GROWING ORIGIN $13.2MIndia

About

Exports In 2022, Bhutan exported $2.7M in Wood Products, making it the 142nd largest exporter of Wood Products in the world. At the same year, Wood Products was the 8th most exported product in Bhutan. The main destination of Wood Products exports from Bhutan are: India ($2.6M), United States ($86.9k), United Kingdom ($8.37k), Austria ($2.65k), and Nepal ($2k).

The fastest growing export markets for Wood Products of Bhutan between 2021 and 2022 were India ($504k), United Kingdom ($8.37k), and United States ($2.69k).

Imports In 2022, Bhutan imported $53.6M in Wood Products, becoming the 112th largest importer of Wood Products in the world. At the same year, Wood Products was the 8th most imported product in Bhutan. Bhutan imports Wood Products primarily from: India ($53.5M), United States ($93.9k), China ($16.8k), Nepal ($5.86k), and South Korea ($3.91k).

The fastest growing import markets in Wood Products for Bhutan between 2021 and 2022 were India ($13.2M), United States ($93.9k), and China ($15.7k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
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 Wood Products. 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)$2.7M
IMPORTS (2022)$53.6M
NET TRADE (2022)-$50.9M

In 2022, Bhutan exported $2.7M in Wood Products. The main destinations of Bhutan exports on Wood Products were India ($2.6M), United States ($86.9k), United Kingdom ($8.37k), Austria ($2.65k), and Nepal ($2k).

In 2022, Bhutan imported $53.6M in Wood Products, mainly from India ($53.5M), United States ($93.9k), China ($16.8k), Nepal ($5.86k), and South Korea ($3.91k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Products EXPORT MARKETS FOR Bhutan WERE (2021 - 2022):
India$504k (24.1%)
United Kingdom$8.37k (1%)
United States$2.69k (3.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Products BY Bhutan WERE (2021 - 2022):
Denmark-$92.1k (-100%)
Nepal-$17.7k (-89.8%)
United Arab Emirates-$1.81k (-84.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bhutan's main exporting competitors in Wood Products were:
China $20.4B
Canada $20.1B
Germany $13B
In 2022, Bhutan's main importing competitors in Wood Products were:
United States $35.3B
China $18.1B
Germany $11.9B

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Trade Value of Wood Products by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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