US trade with Bhutan in the 1st quarter of 2017

Published or Updated: Aug 07, 2017

The report on US foreign trade in goods with Bhutan in the 1st quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Bhutan

In the 1st quarter of 2017, US trade with Bhutan was $0.7 million, down 76.35% ($2.3 million) from the 1st quarter of 2016.

US exports to Bhutan in the 1st quarter of 2017 totaled $0.7 million, up 64.70% ($0.3 million) from the 1st quarter of 2016.

US imports from Bhutan in the 1st quarter of 2017 were $0.0 million, down 99.42% ($2.6 million) from the 1st quarter of 2016.

US trade balance with Bhutan went from a deficit of $2.2 million in the 1st quarter of 2016, to a surplus of $0.7 million in the 1st quarter of 2017.

Bhutan was the US 209th largest trading partner in the 1st quarter of 2017 (down from 192nd in the 1st quarter of 2016), accounting for 0.0001% of US total trade (down from 0.0003% in the 1st quarter of 2016).

Bhutan was the US 199th largest export market in the 1st quarter of 2017 (up from 202nd in the 1st quarter of 2016), accounting for 0.0002% of US total exports (up from 0.0001% in the 1st quarter of 2016).

Bhutan was the US 215th largest supplier in the 1st quarter of 2017 (down from 165th in the 1st quarter of 2016), accounting for 0.0000% of US total imports (down from 0.0005% in the 1st quarter of 2016).

US Exports to Bhutan

The major share of US exports to Bhutan in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 21.50% of US total exports to Bhutan (28.14% in the 1st quarter of 2016);
  • Chemical products (HS codes 28-40) - 11.28% of US total exports to Bhutan (1.08% in the 1st quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 2.78% of US total exports to Bhutan (3.27% in the 1st quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 1.18% of US total exports to Bhutan (22.07% in the 1st quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 0.55% of US total exports to Bhutan (1.54% in the 1st quarter of 2016).

The largest gains in US exports to Bhutan in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - an increase of $251.1 thousand;
  • Pharmaceutical products (HS code 30) - an increase of $69.7 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $41.0 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $11.2 thousand;
  • Articles of iron or steel (HS code 73) - an increase of $6.8 thousand;
  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - an increase of $5.0 thousand;
  • Miscellaneous chemical products (HS code 38) - an increase of $4.2 thousand;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - an increase of $3.8 thousand;
  • Edible vegetables and certain roots and tubers (HS code 07) - an increase of $3.2 thousand.

The largest declines in US exports to Bhutan in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Preparations of cereals, flour, starch or milk; bakers’ wares (HS code 19) - a decrease of $93.2 thousand;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $13.0 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 $8.5 thousand;
  • Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof (HS code 56) - a decrease of $6.5 thousand;
  • Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - a decrease of $4.5 thousand.
US exports to Bhutan in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q1 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q1 2016
(USD thousand)
Change
in Q1 2017
over Q1 2016
(%)
07 Edible vegetables and certain roots and tubers 3.2 0.46 0.0
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 5.0 0.72 0.0
19 Preparations of cereals, flour, starch or milk; bakers’ wares 0.0 0.00 93.2-100.00
30 Pharmaceutical products 69.7 10.02 0.0
38 Miscellaneous chemical products 8.8 1.26 4.692.40
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 0.0 0.00 6.5-100.00
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 3.8 0.55 0.0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 0.0 0.00 4.5-100.00
73 Articles of iron or steel 6.8 0.98 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 12.5 1.80 13.8-9.17
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 43.2 6.20 31.935.22
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 58.3 8.39 66.9-12.77
88 Aircraft, spacecraft, and parts thereof 0.0 0.00 13.0-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 48.1 6.91 7.0584.13
95 Toys, games and sports requisites; parts and accessories thereof 425.8 61.21 174.7143.73

US Imports from Bhutan

The major share of US imports from Bhutan in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Precious metals and stones (HS code 71) - 24.07% of US total imports from Bhutan (0.00% in the 1st quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 17.65% of US total imports from Bhutan (0.10% in the 1st quarter of 2016);
  • Chemical products (HS codes 28-40) - 0.00% of US total imports from Bhutan (98.93% in the 1st quarter of 2016).

The largest gains in US imports from Bhutan in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin (HS code 71) - an increase of $3.6 thousand;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - an increase of $0.1 thousand.

The largest declines in US imports from Bhutan in the 1st quarter of 2017 over the 1st 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 $2,551.2 thousand;
  • Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $5.5 thousand;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - a decrease of $4.1 thousand;
  • Rubber and articles thereof (HS code 40) - a decrease of $2.8 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) - a decrease of $0.6 thousand.
US imports from Bhutan in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q1 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q1 2016
(USD thousand)
Change
in Q1 2017
over Q1 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 2,551.2-100.00
40 Rubber and articles thereof 0.0 0.00 2.8-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 0.0 0.00 4.1-100.00
62 Articles of apparel and clothing accessories, not knitted or crocheted 2.6 17.65 2.62.33
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 3.6 24.07 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 0.6-100.00
97 Works of art, collectors’ pieces and antiques 0.0 0.00 5.5-100.00
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce