US trade (export - import) with Bhutan in 2014

Published or Updated: Feb 09, 2017

The report on US foreign trade in goods with Bhutan in 2014: exports, imports, balance, product types and groups, dynamics.

US Trade with Bhutan

In 2014, US trade with Bhutan was $2.7 million, down 6.65% ($0.2 million) from 2013.

US exports to Bhutan in 2014 totaled $2.4 million, up 3.01% ($0.1 million) from 2013.

US imports from Bhutan in 2014 were $0.3 million, down 46.40% ($0.3 million) from 2013.

US trade surplus with Bhutan in 2014 was $2.1 million, a 18.90% increase ($0.3 million) over 2013.

Bhutan was the US 211th largest trading partner in 2014 (down from 210th in 2013), accounting for 0.0001% of US total trade (just as in 2013).

Bhutan was the US 207th largest export market in 2014 (down from 206th in 2013), accounting for 0.0001% of US total exports (just as in 2013).

Bhutan was the US 207th largest supplier in 2014 (down from 205th in 2013), accounting for 0.0000% of US total imports (just as in 2013).

US Exports to Bhutan

The major share of US exports to Bhutan in 2014 (and in 2013) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 38.63% of US total exports to Bhutan (47.67% in 2013);
  • Metals and products from them (HS codes 72-83) - 17.90% of US total exports to Bhutan (0.57% in 2013);
  • Chemical products (HS codes 28-40) - 4.09% of US total exports to Bhutan (4.20% in 2013);
  • Textiles, textile products and footwear (HS codes 50-67) - 4.00% of US total exports to Bhutan (8.76% in 2013).

The largest gains in US exports to Bhutan in 2014 over 2013 were recorded for the following product groups:

  • Articles of iron or steel (HS code 73) - an increase of $378.2 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $99.5 thousand;
  • Miscellaneous articles of base metal (HS code 83) - an increase of $24.9 thousand;
  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - an increase of $18.3 thousand;
  • Arms and ammunition; parts and accessories thereof (HS code 93) - an increase of $16.4 thousand;
  • Miscellaneous chemical products (HS code 38) - an increase of $12.3 thousand;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - an increase of $7.9 thousand;
  • Glass and glassware (HS code 70) - an increase of $7.6 thousand.

The largest declines in US exports to Bhutan in 2014 over 2013 were recorded for the following product groups:

  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $155.9 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 $115.3 thousand;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - a decrease of $69.7 thousand;
  • Man-made filaments (HS code 54) - a decrease of $57.2 thousand;
  • Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use (HS code 59) - a decrease of $52.1 thousand;
  • Pharmaceutical products (HS code 30) - a decrease of $15.0 thousand;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $10.6 thousand.
US exports to Bhutan in 2014 by product groups
HS
code
Name of product group Value
of exports
in 2014
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2013
(USD thousand)
Change
in 2014
over 2013
(%)
05 Products of animal origin, not elsewhere specified or included 11.4 0.47 16.7-31.83
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 18.3 0.76 0.0
30 Pharmaceutical products 60.0 2.48 75.0-20.00
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 8.4 0.35 7.314.79
35 Albuminoidal substances; modified starches; glues; enzymes 0.0 0.00 3.2-100.00
37 Photographic or cinematographic goods 0.0 0.00 3.3-100.00
38 Miscellaneous chemical products 12.3 0.51 0.0
39 Plastics and articles thereof 0.0 0.00 5.4-100.00
40 Rubber and articles thereof 0.0 0.00 4.5-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 0.0 0.00 6.5-100.00
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 3.1 0.13 4.5-30.62
54 Man-made filaments 96.8 4.00 154.0-37.14
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 0.0 0.00 52.1-100.00
70 Glass and glassware 7.6 0.31 0.0
72 Iron and steel 3.0 0.12 0.0
73 Articles of iron or steel 378.2 15.62 0.0
76 Aluminum and articles thereof 4.1 0.17 3.037.22
81 Other base metals; cermets; articles thereof 5.0 0.21 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 18.3 0.76 10.475.67
83 Miscellaneous articles of base metal 24.9 1.03 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 413.3 17.07 313.831.70
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 277.8 11.47 393.1-29.32
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 0.0 0.00 2.9-100.00
88 Aircraft, spacecraft, and parts thereof 13.7 0.57 24.4-43.65
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 230.8 9.53 386.6-40.31
93 Arms and ammunition; parts and accessories thereof 16.4 0.68 0.0
95 Toys, games and sports requisites; parts and accessories thereof 781.2 32.25 850.9-8.19
99 Commodities not specified according to kind 37.4 1.54 33.511.41

US Imports from Bhutan

The major share of US imports from Bhutan in 2014 (and in 2013) was accounted for the following product types:

  • Metals and products from them (HS codes 72-83) - 49.14% of US total imports from Bhutan (17.92% in 2013);
  • Food products and agricultural raw materials (HS codes 01-24) - 17.94% of US total imports from Bhutan (40.80% in 2013);
  • Machinery, equipment and vehicles (HS codes 84-90) - 6.30% of US total imports from Bhutan (12.97% in 2013);
  • Textiles, textile products and footwear (HS codes 50-67) - 2.18% of US total imports from Bhutan (5.07% in 2013);
  • Wood and wood products (HS codes 44-49) - 0.00% of US total imports from Bhutan (2.18% in 2013).

The largest gains in US imports from Bhutan in 2014 over 2013 were recorded for the following product groups:

  • Iron and steel (HS code 72) - an increase of $48.1 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $19.3 thousand;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $18.7 thousand;
  • Ceramic products (HS code 69) - an increase of $7.7 thousand;
  • Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery (HS code 58) - an increase of $2.8 thousand;
  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - an increase of $1.5 thousand;
  • Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings (HS code 94) - an increase of $1.5 thousand.

The largest declines in US imports from Bhutan in 2014 over the 2013 were recorded for the following product groups:

  • Cereals (HS code 10) - a decrease of $115.8 thousand;
  • Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - a decrease of $76.0 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 $68.3 thousand;
  • Commodities not specified according to kind (HS code 99) - a decrease of $53.8 thousand;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - a decrease of $27.8 thousand;
  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $9.3 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $5.8 thousand;
  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - a decrease of $5.2 thousand;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - a decrease of $3.1 thousand;
  • Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $1.4 thousand.
US imports from Bhutan in 2014 by product groups
HS
code
Name of product group Value
of imports
in 2014
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2013
USD thousand)
Change
in 2014
over 2013
(%)
10 Cereals 36.3 11.83 152.1-76.15
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 0.0 0.00 5.2-100.00
20 Preparations of vegetables, fruit, nuts or other parts of plants 0.0 0.00 76.0-100.00
22 Beverages, spirits and vinegar 18.7 6.11 0.0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 0.4 0.13 0.0
44 Wood and articles of wood; wood charcoal 0.0 0.00 9.3-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 0.0 0.00 3.1-100.00
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 2.8 0.90 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 1.5 0.50 0.0
62 Articles of apparel and clothing accessories, not knitted or crocheted 0.3 0.09 0.0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 0.6 0.20 0.0
64 Footwear, gaiters and the like; parts of such articles 1.1 0.37 29.0-96.12
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 0.4 0.13 0.0
69 Ceramic products 7.7 2.53 0.0
72 Iron and steel 150.6 49.14 102.546.93
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 19.3 6.30 0.0
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 68.3-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 0.0 0.00 5.8-100.00
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 1.5 0.49 0.0
97 Works of art, collectors’ pieces and antiques 7.9 2.57 9.3-15.13
99 Commodities not specified according to kind 57.4 18.72 111.2-48.40
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce