Bhutan world map

Trade in Bhutan

Bhutan was the world’s 177th largest exporter of goods and 172nd largest exporter of commercial services in 2022. Export values were $724 and $22 million USD respectively. Bhutan’s top export category was Agricultural products. In 2022, Bhutan’s main export destination markets for goods and services trade were to India, Bangladesh and Italy. In terms of imports, Bhutan is the world’s 180th largest importer of goods and 164th largest importer of commercial services. Import values were $1.51 billion and $210 million USD respectively in 2022. Bhutan’s top import category was Agricultural products. Leading import partners were India, Korea, Republic of and China. Bhutan is part of 3 different Regional Trade Agreements, including India – Bhutan and South Asian Free Trade Agreement (SAFTA).
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General Information

This section includes general information on the economy, legal system, official languages and links to additional demographic information.

Official Name

Kingdom of Bhutan

Abbreviation

BT

Capital

Thimphu

WTO Membership Date

Observer

Legal System

civil law based on Buddhist religious law

Language

Dzongkha

Number of Time Zone(s)

1

Additional Information

Financial Information

This section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance.

Currency

Bhutanese ngultrum

Exchange Rate

Google Finance Currencies

Contact Information

This section includes contact information for business support organizations and national resources.

Additional Information

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Links to other helpful resources

This section includes additional links to trade-related resources.

National Tariff Finder

http://portal.drc.gov.bt/drc/node/1818

Trade Information Portal

http://www.bhutantradeportal.bt

Additional Link

National Tariff Finder

Additional Link

Trade Information Portal

Last Reviewed: June, 2024

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