US trade with Bhutan in the 3rd quarter of 2017
The report on US foreign trade in goods with Bhutan in the 3rd quarter of 2017: exports, imports, balance, product types and groups, dynamics.
US Trade with Bhutan
In the 3rd quarter of 2017, US trade with Bhutan totaled $1.1 million, up 142.57% ($0.6 million) from the 3rd quarter of 2016.
US exports to Bhutan in the 3rd quarter of 2017 totaled $0.4 million, up 32.39% ($0.1 million) from the 3rd quarter of 2016.
US imports from Bhutan in the 3rd quarter of 2017 totaled $0.7 million, up 387.55% ($0.5 million) from the 3rd quarter of 2016.
US trade balance with Bhutan went from a surplus of $0.2 million in the 3rd quarter of 2016, to a deficit of $0.3 million in the 3rd quarter of 2017.
Bhutan was the US 206th largest trading partner in the 3rd quarter of 2017 (up from 213th in the 3rd quarter of 2016), accounting for 0.0001% of US total trade (just as in the 3rd quarter of 2016).
Bhutan was the US 202nd largest export market in the 3rd quarter of 2017 (up from 206th in the 3rd quarter of 2016), accounting for 0.0001% of US total exports (just as in the 3rd quarter of 2016).
Bhutan was the US 189th largest supplier in the 3rd quarter of 2017 (up from 208th in the 3rd quarter of 2016), accounting for 0.0001% of US total imports (up from 0.0000% in the 3rd quarter of 2016).
US Exports to Bhutan
The major share of US exports to Bhutan in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:
- Machinery, equipment and vehicles (HS codes 84-90) - 23.50% of US total exports to Bhutan (37.00% in the 3rd quarter of 2016);
- Textiles, textile products and footwear (HS codes 50-67) - 2.62% of US total exports to Bhutan (0.90% in the 3rd quarter of 2016);
- Chemical products (HS codes 28-40) - 0.99% of US total exports to Bhutan (2.49% in the 3rd quarter of 2016);
- Metals and products from them (HS codes 72-83) - 0.00% of US total exports to Bhutan (3.59% in the 3rd quarter of 2016).
The largest gains in US exports to Bhutan in the 3rd quarter of 2017 over the 3rd 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 $121.3 thousand;
- Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $32.9 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) - an increase of $13.7 thousand;
- Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - an increase of $10.5 thousand.
The largest declines in US exports to Bhutan in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:
- Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $41.0 thousand;
- Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $23.4 thousand;
- Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - a decrease of $10.9 thousand;
- Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - a decrease of $4.7 thousand;
- Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof (HS code 56) - a decrease of $2.7 thousand.
| HS code |
Name of product group | Value of exports in Q3 2017 (USD thousand) |
Share in total export (%) |
Value of exports in Q3 2016 (USD thousand) |
Change in Q3 2017 over Q3 2016 (%) |
|---|---|---|---|---|---|
| 32 | Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics | 0.0 | 0.00 | 4.7 | -100.00 |
| 38 | Miscellaneous chemical products | 4.0 | 0.99 | 2.9 | 37.98 |
| 56 | Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof | 0.0 | 0.00 | 2.7 | -100.00 |
| 63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 10.5 | 2.62 | 0.0 | ∞ |
| 82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 0.0 | 0.00 | 10.9 | -100.00 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 32.6 | 8.10 | 55.9 | -41.79 |
| 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 | 23.6 | 5.87 | 9.9 | 138.68 |
| 88 | Aircraft, spacecraft, and parts thereof | 2.5 | 0.63 | 43.6 | -94.22 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 35.8 | 8.91 | 2.9 | 1,115.65 |
| 95 | Toys, games and sports requisites; parts and accessories thereof | 287.1 | 71.42 | 165.8 | 73.14 |
US Imports from Bhutan
The major share of US imports from Bhutan in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:
- Metals and products from them (HS codes 72-83) - 90.86% of US total imports from Bhutan (0.00% in the 3rd quarter of 2016);
- Machinery, equipment and vehicles (HS codes 84-90) - 5.65% of US total imports from Bhutan (71.86% in the 3rd quarter of 2016);
- Textiles, textile products and footwear (HS codes 50-67) - 0.00% of US total imports from Bhutan (1.89% in the 3rd quarter of 2016).
The largest gains in US imports from Bhutan in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:
- Iron and steel (HS code 72) - an increase of $604.9 thousand;
- Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $31.2 thousand;
- Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $12.8 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) - an increase of $3.3 thousand;
- Glass and glassware (HS code 70) - an increase of $2.6 thousand.
The largest declines in US imports from Bhutan in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:
- Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $90.7 thousand;
- Toys, games and sports requisites; parts and accessories thereof (HS code 95) - a decrease of $29.0 thousand;
- Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $4.4 thousand.
| HS code |
Name of product group | Value of imports in Q3 2017 (USD thousand) |
Share in total import (%) |
Value of imports in Q3 2016 (USD thousand) |
Change in Q3 2017 over Q3 2016 (%) |
|---|---|---|---|---|---|
| 61 | Articles of apparel and clothing accessories, knitted or crocheted | 0.0 | 0.00 | 1.6 | -100.00 |
| 62 | Articles of apparel and clothing accessories, not knitted or crocheted | 0.0 | 0.00 | 1.0 | -100.00 |
| 70 | Glass and glassware | 2.6 | 0.38 | 0.0 | ∞ |
| 72 | Iron and steel | 604.9 | 90.86 | 0.0 | ∞ |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 0.0 | 0.00 | 4.4 | -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 | 3.3 | 0.50 | 0.0 | ∞ |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 0.0 | 0.00 | 90.7 | -100.00 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 34.3 | 5.15 | 3.1 | 1,014.47 |
| 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 | 1.6 | -100.00 |
| 95 | Toys, games and sports requisites; parts and accessories thereof | 0.0 | 0.00 | 29.0 | -100.00 |
| 97 | Works of art, collectors’ pieces and antiques | 17.0 | 2.55 | 4.2 | 308.38 |