Top Import Products of Bhutan

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10-Apr-2025

Overview

Bhutan
 

As the Bhutan import data reveals, the nation's top import products for 2023 were prominently characterized by:

> Petroleum Products: 20%

> Machinery: 18%

> Vehicles: 12%

> Iron and Steel: 10%

> Foodstuffs: 8%

> Pharmaceuticals: 7%

> Electrical Equipment: 7%

> Plastics: 6%

> Cement: 6%

> Chemicals: 6%

These top 10 import items represented a significant 100% of Bhutan's total import value for 2023. When analyzing Bhutan's customs records, it's evident that the fastest-growing import categories were Petroleum Products (USD 200 million), Machinery (USD 180 million), and Vehicles (USD 120 million) showing a robust upward trend. Conversely, the declining sectors in the import landscape included products of the Iron and Steel, Foodstuffs, Pharmaceuticals, as well as Electrical Equipment.

For businesses and market analysts, the subsequent chart offers a deeper dive, showcasing the monetary value and market dynamics of Bhutan’s top 10 import commodities for 2023.

YOY and MOM comparison of growth and share of top Import Products of bhutan

Top Import Products of Bhutan

YOY comparison of growth and share of top Import Products of Bhutan

MOM comparison of growth and share of top Import Products of Bhutan

Import Products of Bhutan
100
1M 3M 6M 1Y 3Y ALL
Top Products 2023 2022 Growth% 2023 Share 2022 Share
Parts and accessories of the motor vehicles of headings 8701 to 8705

HSN Code:  87089900   87083000   87088000  
Importers : Bhutan Importers 497
Bhutan Importers Shipment 247,225 		Value $5,136,400.47 $6,692,871.43 redDownArrow -23.26% 0.47%
Shipment 81,797 93,411 redDownArrow -12.43% 6.30%
Tubes, Pipes and hoses, And fittings therefor (for example, Joints, Elbows, Flanges), Of plastics - artificial guts (sausage casings) of hardened protein or of cellulosic materials:

HSN Code:  39174000   39172390   39172190  
Importers : Bhutan Importers 937
Bhutan Importers Shipment 109,997 		Value $14,085,748.71 $9,731,216.87 greenUpArrow 44.75% 1.29%
Shipment 40,837 31,089 greenUpArrow 31.36% 3.14%
Other vegetables, Fresh or chilled

HSN Code:  07099330   07093000   07099930  
Importers : Bhutan Importers 164
Bhutan Importers Shipment 86,407 		Value $2,669,039.42 $2,496,329.05 greenUpArrow 6.92% 0.24%
Shipment 30,339 27,671 greenUpArrow 9.64% 2.34%
Electrical apparatus for switching or protecting electrical circuits, Or for making connections to or in electrical circuits (for example, Switches, Relays, Fuses, Surge suppressors, Plugs, Sockets, Lamp-holders and other connectors, Junction boxes), For

HSN Code:  85362030   85369090   85361010  
Importers : Bhutan Importers 1,163
Bhutan Importers Shipment 71,441 		Value $4,967,287.71 $4,251,171.66 greenUpArrow 16.85% 0.46%
Shipment 25,435 22,835 greenUpArrow 11.39% 1.96%
Screws, Bolts, Nuts, Coach-screws, Screw hooks, Rivets, Cotters, Cotter-pins, Washers (including spring washers)and similar articles, Of iron or steel - threaded articles :

HSN Code:  73181500   73181900   73181600  
Importers : Bhutan Importers 1,218
Bhutan Importers Shipment 67,645 		Value $1,986,178.27 $2,193,253.95 redDownArrow -9.44% 0.18%
Shipment 24,037 22,556 greenUpArrow 6.57% 1.85%
Tableware , Kitchenware, Other household articles and hygienic or toilet articles, Of plastics

HSN Code:  39249090   39241090   39241010  
Importers : Bhutan Importers 685
Bhutan Importers Shipment 56,034 		Value $1,252,279.83 $1,797,777.19 redDownArrow -30.34% 0.11%
Shipment 17,321 22,567 redDownArrow -23.25% 1.33%
Petroleum oils and oils obtained from bituminous minerals, Other than crude; preparations not elsewhere specified or included, Containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, These oils being the basic cons

HSN Code:  27101944   27101990   27101241  
Importers : Bhutan Importers 453
Bhutan Importers Shipment 53,447 		Value $158,755,928.2 $137,564,012.82 greenUpArrow 15.41% 14.56%
Shipment 19,096 13,283 greenUpArrow 43.76% 1.47%
Taps, Cocks, Valves and similar appliances for pipes, Boiler shells, Tanks, Vats or the like, Including pressure-reducing valves and the rmostatically controlled valves

HSN Code:  84818020   84818090   84818010  
Importers : Bhutan Importers 977
Bhutan Importers Shipment 47,908 		Value $5,047,525.28 $3,470,544.61 greenUpArrow 45.44% 0.46%
Shipment 18,122 12,849 greenUpArrow 41.04% 1.40%
Bread, Pastry, Cakes, Biscuits and other bakers’ wares, Whether or not containing cocoa; communion wafers, Empty cachets of a kind suitable for pharmaceutical use, Sealing wafers, Rice paper and similar products

HSN Code:  19053100   19059010   19059040  
Importers : Bhutan Importers 218
Bhutan Importers Shipment 45,991 		Value $5,187,807.08 $5,271,068.3 redDownArrow -1.58% 0.48%
Shipment 14,556 16,473 redDownArrow -11.64% 1.12%
Base metal mountings, Fittings and similar articles suitable for furniture, Doors, Staircases, Windows, Blinds, Coachwork, Saddlery, Trunks, Chests, Caskets or the like; base metal hat-racks, Hat-pegs, Brackets and similar fixtures; castors with mountings

HSN Code:  83024110   83021010   83021090  
Importers : Bhutan Importers 741
Bhutan Importers Shipment 44,838 		Value $1,983,867.29 $1,585,578.17 greenUpArrow 25.12% 0.18%
Shipment 16,215 12,536 greenUpArrow 29.35% 1.25%
Insulated (including enamelled or anodised) wire, Cable (including co-axial cable) and other insulated electric conductors, Whether or not fitted with connectors; optical fibre cables, Made up of individually sheathed fibres, Whether or not assembled with

HSN Code:  85446090   85446020   85441190  
Importers : Bhutan Importers 1,038
Bhutan Importers Shipment 44,287 		Value $16,234,670.49 $15,615,976.96 greenUpArrow 3.96% 1.49%
Shipment 15,282 14,705 greenUpArrow 3.92% 1.18%
Paints and varnishes (including enamels and lacquers) based on synthetic polymers or chemically modified natural polymers, Dispersed or dissolved in a non-aqueous medium; solutions as defined in note 4 to this chapter

HSN Code:  32089090   32089022   32089029  
Importers : Bhutan Importers 490
Bhutan Importers Shipment 44,195 		Value $2,911,026.8 $2,893,073.56 greenUpArrow 0.62% 0.27%
Shipment 15,364 13,591 greenUpArrow 13.05% 1.18%
Telephone sets, Including telephones for cellular networks or for other wireless networks: other apparatus for the transmission or reception of vice, Images or other data, Including apparatus for communication in a wired or wireless network (such as a loc

HSN Code:  85171300   85176290   85176990  
Importers : Bhutan Importers 378
Bhutan Importers Shipment 43,230 		Value $17,874,744.39 $17,249,386.38 greenUpArrow 3.63% 1.64%
Shipment 14,863 14,609 greenUpArrow 1.74% 1.14%
Mattress supports; articles of bedding and similar furnishing (for example, Mattresses, Quilts, Eiderdowns, Cushions, Pouffes and pillows) fitted with springs or stuffed or internally fitted with any material or of cellular rubber or plastics, Whether

HSN Code:  94042920   94042990   94042910  
Importers : Bhutan Importers 358
Bhutan Importers Shipment 41,613 		Value $2,982,740.43 $3,641,650.3 redDownArrow -18.09% 0.27%
Shipment 13,568 13,877 redDownArrow -2.23% 1.04%
New pneumatic tyres, Of rubber

HSN Code:  40111010   40112010   40112090  
Importers : Bhutan Importers 128
Bhutan Importers Shipment 38,335 		Value $10,088,063.26 $7,256,500.52 greenUpArrow 39.02% 0.93%
Shipment 13,554 9,172 greenUpArrow 47.78% 1.04%

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