US trade (export - import) with Bhutan in 2015

Published or Updated: Apr 14, 2017

The report on US foreign trade in goods with Bhutan in 2015: exports, imports, balance, product types and groups, dynamics.

US Trade with Bhutan

In 2015, US trade with Bhutan totaled $6.3 million, up 129.30% ($3.5 million) from 2014.

US exports to Bhutan in 2015 totaled $2.6 million, up 9.04% ($0.2 million) from 2014.

US imports from Bhutan in 2015 totaled $3.6 million, up 1,079.68% ($3.3 million) from 2014.

US trade balance with Bhutan went from a surplus of $2.1 million in 2014, to a deficit of $1.0 million in 2015.

Bhutan was the US 204th largest trading partner in 2015 (up from 211th in 2014), accounting for 0.0002% of US total trade (up from 0.0001% in 2014).

Bhutan was the US 204th largest export market in 2015 (up from 207th in 2014), accounting for 0.0002% of US total exports (up from 0.0001% in 2014).

Bhutan was the US 188th largest supplier in 2015 (up from 207th in 2014), accounting for 0.0002% of US total imports (up from 0.0000% in 2014).

US Exports to Bhutan

The major share of US exports to Bhutan in 2015 (and in 2014) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 60.72% of US total exports to Bhutan (38.63% in 2014);
  • Chemical products (HS codes 28-40) - 2.57% of US total exports to Bhutan (4.09% in 2014);
  • Metals and products from them (HS codes 72-83) - 1.31% of US total exports to Bhutan (17.90% in 2014);
  • Textiles, textile products and footwear (HS codes 50-67) - 0.00% of US total exports to Bhutan (4.00% in 2014).

The largest gains in US exports to Bhutan in 2015 over 2014 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) - an increase of $658.0 thousand;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $166.4 thousand;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - an increase of $83.6 thousand;
  • Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - an increase of $31.2 thousand;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - an increase of $16.3 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $15.0 thousand;
  • Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - an increase of $13.3 thousand;
  • Miscellaneous chemical products (HS code 38) - an increase of $13.1 thousand;
  • Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) (HS code 42) - an increase of $8.1 thousand.

The largest declines in US exports to Bhutan in 2015 over 2014 were recorded for the following product groups:

  • Articles of iron or steel (HS code 73) - a decrease of $378.2 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $117.5 thousand;
  • Man-made filaments (HS code 54) - a decrease of $96.8 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 $57.2 thousand;
  • Pharmaceutical products (HS code 30) - a decrease of $57.0 thousand;
  • Miscellaneous articles of base metal (HS code 83) - a decrease 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) - a decrease of $18.3 thousand;
  • Arms and ammunition; parts and accessories thereof (HS code 93) - a decrease of $16.4 thousand;
  • Products of animal origin, not elsewhere specified or included (HS code 05) - a decrease of $11.4 thousand.
US exports to Bhutan in 2015 by product groups
HS
code
Name of product group Value
of exports
in 2015
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2014
(USD thousand)
Change
in 2015
over 2014
(%)
05 Products of animal origin, not elsewhere specified or included 0.0 0.00 11.4-100.00
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 0.0 0.00 18.3-100.00
30 Pharmaceutical products 3.0 0.11 60.0-95.08
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 39.6 1.50 8.4372.08
38 Miscellaneous chemical products 25.4 0.96 12.3106.12
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 8.1 0.31 0.0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 4.8 0.18 0.0
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 16.4 0.62 3.1421.78
54 Man-made filaments 0.0 0.00 96.8-100.00
70 Glass and glassware 0.0 0.00 7.6-100.00
72 Iron and steel 0.0 0.00 3.0-100.00
73 Articles of iron or steel 0.0 0.00 378.2-100.00
76 Aluminum and articles thereof 0.0 0.00 4.1-100.00
81 Other base metals; cermets; articles thereof 0.0 0.00 5.0-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 34.6 1.31 18.389.27
83 Miscellaneous articles of base metal 0.0 0.00 24.9-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 295.9 11.20 413.3-28.42
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 220.6 8.35 277.8-20.59
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 15.0 0.57 0.0
88 Aircraft, spacecraft, and parts thereof 180.1 6.82 13.71,211.50
89 Ships, boats and floating structures 3.4 0.13 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 888.8 33.65 230.8285.10
93 Arms and ammunition; parts and accessories thereof 0.0 0.00 16.4-100.00
95 Toys, games and sports requisites; parts and accessories thereof 864.8 32.74 781.210.70
99 Commodities not specified according to kind 40.5 1.53 37.48.38

US Imports from Bhutan

The major share of US imports from Bhutan in 2015 (and in 2014) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 80.12% of US total imports from Bhutan (0.00% in 2014);
  • Metals and products from them (HS codes 72-83) - 11.77% of US total imports from Bhutan (49.14% in 2014);
  • Textiles, textile products and footwear (HS codes 50-67) - 0.14% of US total imports from Bhutan (2.18% in 2014);
  • Machinery, equipment and vehicles (HS codes 84-90) - 0.06% of US total imports from Bhutan (6.30% in 2014);
  • Food products and agricultural raw materials (HS codes 01-24) - 0.00% of US total imports from Bhutan (17.94% in 2014).

The largest gains in US imports from Bhutan in 2015 over 2014 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) - an increase of $2,895.2 thousand;
  • Iron and steel (HS code 72) - an increase of $260.8 thousand;
  • Commodities not specified according to kind (HS code 99) - an increase of $213.1 thousand;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - an increase of $14.1 thousand.

The largest declines in US imports from Bhutan in 2015 over the 2014 were recorded for the following product groups:

  • Cereals (HS code 10) - a decrease of $36.3 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $19.3 thousand;
  • Beverages, spirits and vinegar (HS code 22) - a decrease of $18.7 thousand.
US imports from Bhutan in 2015 by product groups
HS
code
Name of product group Value
of imports
in 2015
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2014
USD thousand)
Change
in 2015
over 2014
(%)
10 Cereals 0.0 0.00 36.3-100.00
22 Beverages, spirits and vinegar 0.0 0.00 18.7-100.00
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 2,895.2 80.08 0.0
39 Plastics and articles thereof 1.5 0.04 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 0.4-100.00
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 0.0 0.00 2.8-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 1.7 0.05 1.511.99
62 Articles of apparel and clothing accessories, not knitted or crocheted 3.4 0.10 0.31,160.81
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 0.0 0.00 0.6-100.00
64 Footwear, gaiters and the like; parts of such articles 0.0 0.00 1.1-100.00
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 0.0 0.00 0.4-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 5.3 0.15 0.0
69 Ceramic products 0.0 0.00 7.7-100.00
72 Iron and steel 411.4 11.38 150.6173.15
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 14.1 0.39 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 0.0 0.00 19.3-100.00
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 2.3 0.06 0.0
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 0.0 0.00 1.5-100.00
97 Works of art, collectors’ pieces and antiques 10.0 0.28 7.927.41
99 Commodities not specified according to kind 270.5 7.48 57.4371.43
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce