US trade with Bhutan in the first nine months of 2017

Published or Updated: Apr 04, 2018

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

US Trade with Bhutan

In the first nine months of 2017, US trade with Bhutan was $2.7 million, down 50.48% ($2.8 million) from the first nine months of 2016.

US exports to Bhutan in the first nine months of 2017 totaled $1.7 million, up 21.49% ($0.3 million) from the first nine months of 2016.

US imports from Bhutan in the first nine months of 2017 were $1.1 million, down 73.80% ($3.1 million) from the first nine months of 2016.

US trade balance with Bhutan went from a deficit of $2.8 million in the first nine months of 2016, to a surplus of $0.6 million in the first nine months of 2017.

Bhutan was the US 209th largest trading partner in the first nine months of 2017 (down from 201st in the first nine months of 2016), accounting for 0.0001% of US total trade (down from 0.0002% in the first nine months of 2016).

Bhutan was the US 203rd largest export market in the first nine months of 2017 (just as in the first nine months of 2016), accounting for 0.0001% of US total exports (just as in the first nine months of 2016).

Bhutan was the US 199th largest supplier in the first nine months of 2017 (down from 178th in the first nine months of 2016), accounting for 0.0001% of US total imports (down from 0.0003% in the first nine months of 2016).

US Exports to Bhutan

The major share of US exports to Bhutan in the first nine months of 2017 (and in the first nine months of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 30.33% of US total exports to Bhutan (38.37% in the first nine months of 2016);
  • Chemical products (HS codes 28-40) - 6.99% of US total exports to Bhutan (0.89% in the first nine months of 2016);
  • Metals and products from them (HS codes 72-83) - 1.75% of US total exports to Bhutan (2.01% in the first nine months of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 0.87% of US total exports to Bhutan (3.84% in the first nine months of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 0.50% of US total exports to Bhutan (7.30% in the first nine months of 2016).

The largest gains in US exports to Bhutan in the first nine months of 2017 over the first nine months of 2016 were recorded for the following product groups:

  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - an increase of $345.8 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 $72.9 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 $63.8 thousand;
  • Rubber and articles thereof (HS code 40) - an increase of $16.8 thousand;
  • Miscellaneous chemical products (HS code 38) - an increase of $9.3 thousand;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - an increase of $8.6 thousand;
  • Plastics and articles thereof (HS code 39) - an increase of $7.6 thousand;
  • Articles of iron or steel (HS code 73) - an increase of $6.8 thousand.

The largest declines in US exports to Bhutan in the first nine months of 2017 over the first nine months of 2016 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $118.1 thousand;
  • Preparations of cereals, flour, starch or milk; bakers’ wares (HS code 19) - a decrease of $93.2 thousand;
  • Headgear and parts thereof (HS code 65) - a decrease of $37.2 thousand;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $36.3 thousand;
  • Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof (HS code 56) - a decrease of $9.2 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.
US exports to Bhutan in the first nine months of 2017 by product groups
HS
code
Name of product group Value
of exports
in first 9 months 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in first 9 months 2016
(USD thousand)
Change
in first 9 months 2017
over first 9 months 2016
(%)
07 Edible vegetables and certain roots and tubers 3.2 0.20 0.0
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 5.0 0.30 6.0-16.67
19 Preparations of cereals, flour, starch or milk; bakers’ wares 0.0 0.00 93.2-100.00
30 Pharmaceutical products 69.7 4.22 0.0
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 4.7 0.28 4.70.00
38 Miscellaneous chemical products 16.7 1.01 7.4125.03
39 Plastics and articles thereof 7.6 0.46 0.0
40 Rubber and articles thereof 16.8 1.02 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
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 0.0 0.00 9.2-100.00
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 14.4 0.87 5.8148.57
65 Headgear and parts thereof 0.0 0.00 37.2-100.00
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 0.41 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 22.0 1.33 24.7-10.90
83 Miscellaneous articles of base metal 0.0 0.00 2.6-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 198.9 12.05 317.0-37.26
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 155.2 9.40 82.388.52
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 23.0 1.39 59.2-61.23
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 123.6 7.49 59.8106.70
95 Toys, games and sports requisites; parts and accessories thereof 958.9 58.09 613.156.41
99 Commodities not specified according to kind 24.4 1.48 23.92.05

US Imports from Bhutan

The major share of US imports from Bhutan in the first nine months of 2017 (and in the first nine months of 2016) was accounted for the following product types:

  • Metals and products from them (HS codes 72-83) - 70.07% of US total imports from Bhutan (0.00% in the first nine months of 2016);
  • Chemical products (HS codes 28-40) - 19.70% of US total imports from Bhutan (93.47% in the first nine months of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 5.51% of US total imports from Bhutan (2.62% in the first nine months of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 0.24% of US total imports from Bhutan (2.18% in the first nine months of 2016).

The largest gains in US imports from Bhutan in the first nine months of 2017 over the first nine months of 2016 were recorded for the following product groups:

  • Iron and steel (HS code 72) - an increase of $764.1 thousand;
  • Plastics and articles thereof (HS code 39) - an increase of $216.4 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 $9.8 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $9.8 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;
  • 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.

The largest declines in US imports from Bhutan in the first nine months of 2017 over the first nine months 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 $3,916.9 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $90.7 thousand;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - a decrease of $86.3 thousand;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - a decrease of $29.0 thousand;
  • Commodities not specified according to kind (HS code 99) - a decrease of $9.5 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.
US imports from Bhutan in the first nine months of 2017 by product groups
HS
code
Name of product group Value
of imports
in first 9 months 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in first 9 months 2016
(USD thousand)
Change
in first 9 months 2017
over first 9 months 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 3,916.9-100.00
39 Plastics and articles thereof 216.4 19.70 0.0
40 Rubber and articles thereof 0.0 0.00 2.8-100.00
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 0.38 4.11.99
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 4.9 0.45 0.0
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 2.6 0.24 3.5-25.28
64 Footwear, gaiters and the like; parts of such articles 0.0 0.00 86.3-100.00
70 Glass and glassware 2.6 0.23 0.0
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 0.33 0.0
72 Iron and steel 764.1 69.56 0.0
83 Miscellaneous articles of base metal 5.6 0.51 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 22.9 2.08 13.175.21
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 0.30 2.914.62
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 3.12 3.11,014.47
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 2.2-100.00
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 19.5 1.77 9.6101.88
99 Commodities not specified according to kind 14.6 1.33 24.1-39.46
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce