Bhutan Export Import trade data

Bhutan: Trade in the Himalayan Kingdom

Bhutan, a landlocked country nestled in the Eastern Himalayas, has a unique geographical position that shapes its trade dynamics. While its mountainous terrain presents challenges, Bhutan's strategic location near major Asian markets like India and China offers distinct trade opportunities.

Positives:

1. Hydropower Exports: Bhutan's significant hydropower potential is a major export commodity, primarily to India, bolstering its economy.
2. Cultural Exports: The country is known for its rich culture and traditional products like handicrafts and organic foods, which are increasingly popular internationally.
3. Sustainable Approach: Bhutan’s commitment to environmental conservation and sustainability attracts eco-conscious investments and partnerships.

Negatives:

1. Transport Challenges: Mountainous terrain makes transportation and logistics complex and costly, limiting trade expansion.
2. Limited Market Access: Being landlocked and with strict trade policies, market access is restricted, affecting trade diversification.
3. Economic Dependence: Heavy reliance on a single trade partner, India, makes its economy vulnerable to external economic shifts.