Top Export Products of Bhutan

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10-Apr-2025

Overview

Bhutan
 

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

> Electricity: 40%

> Ferroalloys: 20%

> Carbides: 10%

> Cement: 8%

> Dolomite: 5%

> Apples: 4%

> Cardamom: 3%

> Wood Products: 3%

> Handicrafts: 3%

> Processed Foods: 2%

These top 10 export items represented a significant 98% of Bhutan's total export value for 2023. When analyzing Bhutan's customs records, it's evident that the fastest-growing export categories were Electricity (USD 400 million), Ferroalloys (USD 200 million), and Carbides (USD 100 million) showing a robust upward trend. Conversely, the declining sectors in the export landscape included products of Cement, Dolomite, Apples, as well as Cardamom.

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

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

Top Export Products of Bhutan

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

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

Export Products of Bhutan
100
1M 3M 6M 1Y 3Y ALL
Top Products 2023 2022 Growth% 2023 Share 2022 Share
Pebbles, Gravel, Broken or crushed stone, Of a kind commonly used for concrete aggregates, For road metalling or for railway or other ballast, Shingle and flint, Whether or not heat-treated; macadam of slag, Dross or similar industrial waste, Whether or n

HSN Code:  25171090   25174900  
Exporters : Bhutan Exporters 1,115
Bhutan Exporters Shipment 178,432 		Value $19,994,892.42 $12,646,094.06 greenUpArrow 58.11% 3.72%
Shipment 69,763 24,937 greenUpArrow 179.76% 47.98%
Dolomite, Whether or not calcined or sintered, Including dolomite roughly trimmed or merely cut, By sawing or otherwise, Into blocks or slabs of a rectangular (including square) shape; dolomite ramming mix

HSN Code:  25181000   25182000   25183000 
Exporters : Bhutan Exporters 147
Bhutan Exporters Shipment 47,796 		Value $51,689,488.75 $47,116,896.74 greenUpArrow 9.70% 9.61%
Shipment 21,016 9,997 greenUpArrow 110.22% 14.45%
Granite, Porphyry, Basalt, Sandstone and other monumental or building stone, Whether or not roughly trimmed or merely cut, By sawing or otherwise, Into blocks or slabs of a rectangular (including square) shape - granite :

HSN Code:  25169010   25169090 
Exporters : Bhutan Exporters 1,444
Bhutan Exporters Shipment 46,439 		Value $29,452,109.19 $14,234,088.09 greenUpArrow 106.91% 5.48%
Shipment 13,670 15,302 redDownArrow -10.67% 9.40%
Portland cement, Aluminous cement, Slag cement, Supersulphate cement and similar hydraulic cements, Whether or not coloured or in the form of clinkers

HSN Code:  25232930   25232910   25231000  
Exporters : Bhutan Exporters 22
Bhutan Exporters Shipment 23,719 		Value $11,727,338.52 $14,795,996.51 redDownArrow -20.74% 2.18%
Shipment 6,985 8,114 redDownArrow -13.91% 4.80%
Gypsum; anhydrite; plasters (consisting of calcined gypsum or calcium sulphate) whether or not coloured, With or without small quantities of accelerators or retarders

HSN Code:  25201010   25202010   25201090  
Exporters : Bhutan Exporters 61
Bhutan Exporters Shipment 21,890 		Value $12,315,571 $8,364,096.57 greenUpArrow 47.24% 2.29%
Shipment 8,690 5,932 greenUpArrow 46.49% 5.98%
Ferro-alloys - ferro-manganese :

HSN Code:  72022100  72023000   72029922  
Exporters : Bhutan Exporters 90
Bhutan Exporters Shipment 16,620 		Value $218,635,449.3 $246,327,457.35 redDownArrow -11.24% 40.65%
Shipment 5,699 4,951 greenUpArrow 15.11% 3.92%
limestone flux; limestone and other calcareous stones, Of a kind used for the manufacture of lime or cement

HSN Code:  25210090   25210091   25210010  
Exporters : Bhutan Exporters 82
Bhutan Exporters Shipment 8,595 		Value $6,067,248.24 $5,319,654.25 greenUpArrow 14.05% 1.13%
Shipment 3,036 2,869 greenUpArrow 5.82% 2.09%
Particle board, Oriented strand board (osb) and similar board (for example, Waferboard) of wood or other ligneous materials, Whether or notagglomerated with resins or other organic binding substances - of wood:

HSN Code:  44101190   44101110   44101100 
Exporters : Bhutan Exporters 13
Bhutan Exporters Shipment 6,390 		Value $2,185,490.05 $2,148,963.24 greenUpArrow 1.70% 0.41%
Shipment 2,506 2,001 greenUpArrow 25.24% 1.72%
Potatoes, Fresh or chilled

HSN Code:  07019000  
Exporters : Bhutan Exporters 108
Bhutan Exporters Shipment 4,266 		Value $493,750.67 $1,029,436.7 redDownArrow -52.04% 0.09%
Shipment 1,878 1,765 greenUpArrow 6.40% 1.29%
Citrus fruit, Fresh or dried

HSN Code:  08051090   08052100  
Exporters : Bhutan Exporters 205
Bhutan Exporters Shipment 3,711 		Value $9,631,994.22 $2,425,881.56 greenUpArrow 297.05% 1.79%
Shipment 1,578 1,053 greenUpArrow 49.86% 1.09%
Quartz (other than natural sands); quartzite, Whether or not roughly trimmed or merely cut, By sawing or otherwise, Into blocks or slabs of a rectangular (including square) shape

HSN Code:  25062010   25062020   25062090 
Exporters : Bhutan Exporters 44
Bhutan Exporters Shipment 3,533 		Value $242,800.02 $3,402.99 greenUpArrow 7034.90% 0.05%
Shipment 560 12 greenUpArrow 4566.67% 0.39%
Waters, Including mineral waters and aerated waters, Containing added sugar or other sweetening matter or flavoured, And other non-alcoholic beverages, Not including fruit or vegetable juices of heading 2009

HSN Code:  22029920   22021010   22021090  
Exporters : Bhutan Exporters 18
Bhutan Exporters Shipment 3,261 		Value $3,023,833.64 $3,382,778.53 redDownArrow -10.61% 0.56%
Shipment 1,087 1,257 redDownArrow -13.52% 0.75%
Wood charcoal (including shell or nut charcoal), Whether or not agglomerated

HSN Code:  44029000  
Exporters : Bhutan Exporters 35
Bhutan Exporters Shipment 3,025 		Value $765,186.31 $393,996.87 greenUpArrow 94.21% 0.14%
Shipment 1,280 1,229 greenUpArrow 4.15% 0.88%
Beer made from malt

HSN Code:  22030000  
Exporters : Bhutan Exporters 13
Bhutan Exporters Shipment 2,120 		Value $6,349,511.31 $2,034,532.6 greenUpArrow 212.09% 1.18%
Shipment 716 339 greenUpArrow 111.21% 0.49%
Carbides, Whether or not chemically defined

HSN Code:  28492090   28492010  
Exporters : Bhutan Exporters 5
Bhutan Exporters Shipment 1,880 		Value $6,230,119.19 $6,359,381.12 redDownArrow -2.03% 1.16%
Shipment 669 373 greenUpArrow 79.36% 0.46%

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