Top Export Trading Partners of Bhutan - Volza

Bhutan's primary export trading partners are crucial for its economic activity. In 2023, top partners included India (70% of exports, $300 million), Bangladesh (15%, $64 million), Nepal (5%, $21 million), Hong Kong (3%, $13 million), and Thailand (2%, $8.5 million).

Key exports to these countries are electricity, minerals, agricultural products, handicrafts, and timber. Trade agreements such as the South Asian Free Trade Area (SAFTA) and bilateral agreements with India facilitate smoother trade flows.

Bhutan's strategic incentives, including government support and favorable trade policies, promote a robust trade relationship, making it a crucial export market for these partners.Bhutan's GDP growth rate stands at 4.7%, with an inflation rate of 5.5%, influencing its export dynamics and trade policies. The country's focus on sustainable development and its strategic geographical location significantly influence its export landscape.