K
27 September 2024
Kunal
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Key Indicators
Overview
Bhutan Import Trade Overview
Introduction:
Bhutan’s import market is crucial for sustaining its developmental goals and supporting its predominantly agrarian economy. Key sectors include energy, machinery, and consumer goods, presenting significant opportunities for global exporters.
Economic Overview:
Bhutan’s economy is modest, with a strong emphasis on agriculture, forestry, and the sale of hydroelectric power. As it seeks to diversify its economy into sectors like tourism and IT services, imports such as machinery, electronic equipment, and vehicles play a vital role. These imports are essential for infrastructure projects and to meet the increasing consumer demands of its growing middle class.
Political and Regulatory Environment:
The political environment in Bhutan is stable, with a focus on sustainable development. The government’s restrictive import policies aim to protect local industries and manage economic stability. Recent legislative changes promote easier market access and more transparent trade practices to encourage foreign investment.
Opportunities and Challenges for Exporters:
Opportunities for exporters include supplying goods in sectors like renewable energy, medical equipment, and consumer electronics. However, challenges include navigating Bhutan’s regulatory environment and limited market size.
Top 10 Import Products:
- Diesel (HS code: 2710) - Fuel for transport and industry.
- Excavators (HS code: 8429) - Infrastructure development.
- Cars (HS code: 8703) - Growing demand in urban areas.
- Medicaments (HS code: 3004) - Healthcare expansion.
- Mobile phones (HS code: 8517) - Increasing connectivity.
- Cement (HS code: 2523) - Construction sector.
- Iron and steel (HS code: 7208) - Infrastructure and construction.
- Computers (HS code: 8471) - IT and education sectors.
- Electric transformers (HS code: 8504) - Power distribution.
- Knitted fabrics (HS code: 6006) - Textile industry needs.
Top Buyers:
JS WOODS, BHUTAN FOOTBALL FEDERATION(THIMPHU), ZOM-KYI ENTERPRISE
Solution for Global Exporters:
Exporters are encouraged to explore Bhutan’s market using Volza’s online import data. This resource offers detailed insights into Bhutan’s import dynamics, assisting exporters in identifying key trends and opportunities efficiently. Visit Volza to access comprehensive data and facilitate effective market penetration strategies.
Import Database - Factsheet
Data Source- Detailed Mirror data
- Data Available From
- 01, Jan, 2019
Data Coverage- 40%
Last Shipment- 05, Aug, 2024
Source : Volza Import Data
Bhutan
Import Data
Import Data
4,752,139 Bill of Ladings, 61,221 Buyers & 3,320 Suppliers
Import
vs
Export
Jan-Dec 2023
Shipments
Data Source: VolzaImport Data
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Bhutan Import Data
Product | Importers | Suppliers | Arrival Date |
|---|---|---|---|
CHOCOLATE SUNDAE SPIN 1"8 R30 ICE CREAM |   India | India | 30-04-2024 |
CHOCOLATE SUNDAE BC 1"16 R20 ICE CREAM | India | India | 30-04-2024 |
LADIFINGER | India | India | 30-04-2024 |
FROOTFUL JUICY ORANGE 1"24 R10 ICECREAM | India | India | 30-04-2024 |
BAGHBAN FCT NO 93145 TIN JARDA NEW | India | India | 30-04-2024 |
BALL VALVE 1" CPVC | India | 30-04-2024 |
Top 10 Importers
Bhutan Top 10 Importers
Within our Volza database, we possess comprehensive information about over 10 active importers in Bhutan. To assist you in identifying the leading importers in Bhutan, Volza offers an advanced feature that analyzes billions of shipping invoices using more than 20 parameters. Noteworthy among the top 10 importers in Bhutan are companies like TASHI COMMERCIAL CORPORATION, STATE TRADING CORPORATION OF BHUTAN LTD , and DHESEL SPARE PARTS. These key players are featured prominently within our extensive database. For a more comprehensive overview, please refer to our table, which outlines the top 10 importers, and explore the additional resources provided below.
Bhutan Top 10 Importers
| Rank | Importers | Shipments |
|---|---|---|
1 | 65,539 | |
2 | 33,116 | |
3 | 26,062 | |
4 | 19,904 | |
5 | 19,702 | |
6 | 17,905 | |
7 | 17,817 | |
8 | 17,229 | |
9 | 16,918 | |
10 | 15,247 |
Data Source : Volza Import Data
Top 10 Import Products
Bhutan Top 10 Import Products
As the Bhutan import data reveals, the nation's top import products for 2024 were prominently characterized by:- Automobile Component: 39.62%
- Bolts With Nuts: 32.71%
- Disc Brake: 16.42%
- Piping Fittings Elbow: 5.89%
- Pvc Case: 1.51%
- Metal Waste: 1.27%
- Colouring Book: 0.96%
- Plastic Bathroom: 0.94%
- Iced Cocoa: 0.42%
- Frozen Coconut: 0.25%
Bhutan Top 10 Import Products
| Rank | Import Products | Shipments |
|---|---|---|
1 | Automobile Component | 4,108,511 |
2 | Bolts With Nuts | 3,392,464 |
3 | Disc Brake | 1,703,297 |
4 | PIPING FITTINGS ELBOW | 611,126 |
5 | PVC CASE | 156,350 |
6 | Metal Waste | 131,528 |
7 | COLOURING BOOK | 100,053 |
8 | Plastic Bathroom | 97,668 |
9 | Iced Cocoa | 43,803 |
10 | Frozen Coconut | 25,688 |
Data Source : Volza Import Data
Trading Partners
Top Trading Partners of Bhutan
Import Trading Partners
Export Trading Partners
Top 1 Import Trading Partners
Bhutan Top 1 Import Trading Partners
Bhutan trade data from 2024 highlights the nation's top 1 import partners as follows: INDIA (USD 4,740,991).
The growth rates for the leading three importers were as follows: India at 100.00% .
Trade balance analysis reveals that Bhutan had a trade deficit with both Iran and China. Specifically, the deficit amounted to USD 300 million with Iran and USD 150 million with China in that year. Bhutan import statistics show that the country's top 1 import partners in 2024 collectively contributed 87.2% to the overall value of import shipments. Furthermore, Bhutan’s major imports from India include Automobile Component, Bolts With Nuts, PIPING FITTINGS ELBOW, Frozen Coconut, Plastic Bathroom, Metal Waste, COLOURING BOOK, Disc Brake, Iced Cocoa, PVC CASE, products. The provided chart below breaks down the values in percentile of Bhutan’s top 1 import partners for 2024.
Bhutan Top 1 Import Trading Partners
| Rank | Import Trading Partners | Shipments |
|---|
Data Source : Volza Import Data
Import Data Sample record
Bhutan Import Data Sample record
Bhutan import data covers all important shipping details that are essential for businesses to find importers in Bhutan, analyze market trends and identify potential industries. Bhutan trade data contains customs-based details including Date, Importer Name, HS Code, HS Code Description, Commercial Description, Gross Weight, Net Weight, Total Value USD and Origin Country. View Bhutan import data sample with complete number of fields available in data.
Bhutan Import Data Sample record
Wine of fresh grapes, including fortified wines; grape must other than that of heading 2009
- Date:
- 30 Apr 2024
- HS Code:
- 21050000
- Quantity:
- 60
- Quantity Unit:
- PCS
- Value FC:
- 7,795.8
- Value:
- HS Descirption:
- Icecream and other edible ice, whether or not containing cocoa
- Exporter:
- SUMIT ENTERPRISES
- Importer:
- S G Enterprises Inc
Data Source : Volza Import Data
Bhutan Import Fields
S.No | Data Fields |
|---|---|
1 | |
2 | |
3 | |
4 | |
5 | |
6 | |
7 | |
8 | |
9 |
Total 72 Fields
Data Source : Volza Import Data
Top 9 Import Ports
Bhutan Top 9 Import Ports
Bhutan's global import trade operates through over 9 ports. Phuntsholing stands as the predominant port, handling 4,066,970 import shipments, which constitutes a 86.12% market share. Samste Bhutan follows with an 6.73% share, accounting for 317,871 shipments, while Samdrup Jonkhar contributes a 3.96% market share with its 187,240 shipments. For detailed import trade statistics of each port in Bhutan, refer to the provided links below. Collectively, these ports underscore the integrated nature of Bhutan's trade infrastructure. As the trade data indicates, these crucial import ports facilitate the consistent delivery of essential goods across Bhutan.
Import Bill of Lading
- Import Shipments of Bhutan
- 4,752,139
- Date
- 30-04-2024
- Shipper Name
- S G Enterprises Inc
- Consignee Name
- SUMIT ENTERPRISES
- Weight Unit
- PCS
- Quantity
- 60
- Shipment Origin
- India
- Port of origin
- Jaigaon