US trade with Bhutan in the 2nd quarter of 2017

Published or Updated: Sep 01, 2017

The report on US foreign trade in goods with Bhutan in the 2nd quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Bhutan

In the 2nd quarter of 2017, US trade with Bhutan was $1.0 million, down 53.94% ($1.1 million) from the 2nd quarter of 2016.

US exports to Bhutan in the 2nd quarter of 2017 were $0.6 million, down 12.60% ($0.1 million) from the 2nd quarter of 2016.

US imports from Bhutan in the 2nd quarter of 2017 were $0.4 million, down 71.67% ($1.1 million) from the 2nd quarter of 2016.

US trade balance with Bhutan went from a deficit of $0.8 million in the 2nd quarter of 2016, to a surplus of $0.1 million in the 2nd quarter of 2017.

Bhutan was the US 205th largest trading partner in the 2nd quarter of 2017 (down from 198th in the 2nd quarter of 2016), accounting for 0.0001% of US total trade (down from 0.0002% in the 2nd quarter of 2016).

Bhutan was the US 204th largest export market in the 2nd quarter of 2017 (down from 198th in the 2nd quarter of 2016), accounting for 0.0001% of US total exports (down from 0.0002% in the 2nd quarter of 2016).

Bhutan was the US 197th largest supplier in the 2nd quarter of 2017 (down from 173rd in the 2nd quarter of 2016), accounting for 0.0001% of US total imports (down from 0.0003% in the 2nd quarter of 2016).

US Exports to Bhutan

The major share of US exports to Bhutan in the 2nd quarter of 2017 (and in the 2nd quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 46.40% of US total exports to Bhutan (45.85% in the 2nd quarter of 2016);
  • Chemical products (HS codes 28-40) - 5.97% of US total exports to Bhutan (0.00% in the 2nd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 1.71% of US total exports to Bhutan (0.41% in the 2nd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 0.00% of US total exports to Bhutan (6.79% in the 2nd quarter of 2016).

The largest gains in US exports to Bhutan in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - an increase of $67.7 thousand;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $17.8 thousand;
  • Rubber and articles thereof (HS code 40) - an increase of $16.8 thousand;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - an increase of $9.5 thousand;
  • Plastics and articles thereof (HS code 39) - an increase of $7.6 thousand;
  • Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - an increase of $4.7 thousand;
  • Miscellaneous chemical products (HS code 38) - an increase of $4.0 thousand.

The largest declines in US exports to Bhutan in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $106.0 thousand;
  • Headgear and parts thereof (HS code 65) - a decrease of $37.2 thousand;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - a decrease of $26.6 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $10.1 thousand;
  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - a decrease of $6.0 thousand;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - a decrease of $5.8 thousand;
  • Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) (HS code 42) - a decrease of $5.2 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $3.0 thousand;
  • Miscellaneous articles of base metal (HS code 83) - a decrease of $2.6 thousand.
US exports to Bhutan in the 2nd quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q2 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q2 2016
(USD thousand)
Change
in Q2 2017
over Q2 2016
(%)
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 0.0 0.00 6.0-100.00
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 4.7 0.85 0.0
38 Miscellaneous chemical products 4.0 0.72 0.0
39 Plastics and articles thereof 7.6 1.37 0.0
40 Rubber and articles thereof 16.8 3.03 0.0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 0.0 0.00 5.2-100.00
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 0.0 0.00 5.8-100.00
65 Headgear and parts thereof 0.0 0.00 37.2-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 9.5 1.71 0.0
83 Miscellaneous articles of base metal 0.0 0.00 2.6-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 123.2 22.27 229.2-46.26
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 73.2 13.24 5.51,220.88
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 0.0 0.00 3.0-100.00
88 Aircraft, spacecraft, and parts thereof 20.4 3.70 2.6682.47
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 39.8 7.19 49.8-20.22
95 Toys, games and sports requisites; parts and accessories thereof 245.9 44.47 272.5-9.76

US Imports from Bhutan

The major share of US imports from Bhutan in the 2nd quarter of 2017 (and in the 2nd quarter of 2016) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 51.79% of US total imports from Bhutan (92.58% in the 2nd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 39.45% of US total imports from Bhutan (0.00% in the 2nd quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 5.48% of US total imports from Bhutan (0.78% in the 2nd quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 2.18% of US total imports from Bhutan (0.00% in the 2nd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 0.00% of US total imports from Bhutan (5.85% in the 2nd quarter of 2016).

The largest gains in US imports from Bhutan in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Plastics and articles thereof (HS code 39) - an increase of $216.4 thousand;
  • Iron and steel (HS code 72) - an increase of $159.2 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $14.2 thousand;
  • Miscellaneous articles of base metal (HS code 83) - an increase of $5.6 thousand;
  • Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - an increase of $4.9 thousand;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - an increase of $4.2 thousand;
  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $2.5 thousand.

The largest declines in US imports from Bhutan in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - a decrease of $1,365.7 thousand;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - a decrease of $86.3 thousand;
  • Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) (HS code 42) - a decrease of $3.6 thousand;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - a decrease of $2.9 thousand.
US imports from Bhutan in the 2nd quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q2 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q2 2016
(USD thousand)
Change
in Q2 2017
over Q2 2016
(%)
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 0.0 0.00 1,365.7-100.00
39 Plastics and articles thereof 216.4 51.79 0.0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 0.0 0.00 3.6-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 4.2 1.01 0.0
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 4.9 1.17 0.0
64 Footwear, gaiters and the like; parts of such articles 0.0 0.00 86.3-100.00
72 Iron and steel 159.2 38.10 0.0
83 Miscellaneous articles of base metal 5.6 1.35 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 22.9 5.48 8.7163.79
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 0.0 0.00 2.9-100.00
97 Works of art, collectors’ pieces and antiques 2.5 0.60 0.0
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce