Bhutan
On this page you will find beneficial information regarding foreign direct investment in / trading with Bhutan. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Constitutional Monarchy
Population: 777,486 (2021)
GDP: 2.54 billion USD (2021)
Corporate Tax Rate: 30%
Personal Income Tax Rate: 0% - 30%
Major Exports: Ferroalloys ($224M), Dolomite ($30.9M), Planes, Helicopters, and/or Spacecraft ($17M), Cement ($15.6M), and Gypsum ($15.1M), exporting mostly to India ($322M), Nepal ($10.4M), Italy ($6.16M), South Korea ($1.45M), and Germany ($1.3M).
Major Imports: Refined Petroleum ($105M), Computers ($96.8M), Coke ($36.7M), Light Synthetic Cotton Fabrics ($35.8M), and Wood Charcoal ($35M), importing mostly from India ($868M), China ($108M), Thailand ($65.5M), United Arab Emirates ($12.1M), and South Korea ($11M).
Investment Agency: Ministry of Finance, Royal Government of Bhutan
Website: https://www.mof.gov.bt/public-investment-management/
National Chamber of Commerce: Bhutan Chamber of Commerce & Industry
Website: https://www.bcci.org.bt/
Customs Agency: Department of Revenue and Customs (DRC)
Website: http://portal.drc.gov.bt/drc/
