Bhutan's major exports encompass a diverse range of products, including hydropower, ferroalloys, cement, dolomite, precious stones, fruit products, wood and wood products, non-metallic mineral products, agro-based products, and handicrafts. These exports showcase Bhutan's strengths in renewable energy, natural resources, traditional craftsmanship, and organic farming practices. By nurturing trade relationships with neighboring countries and exploring new markets, Bhutan aims to promote sustainable development, preserve its unique cultural heritage, and contribute to the well-being of its people.
Hydropower
Bhutan's abundance of rivers and mountainous terrain position it as a major exporter of hydropower. As a clean and renewable energy source, hydropower is a significant contributor to Bhutan's export revenue. However, specific dollar values and volumes for this sector are not readily available. Bhutan's closest trading partners for hydropower exports include India and Bangladesh.
Ferroalloys
Bhutan exports ferroalloys, including ferrosilicon and ferro manganese. These alloys are used in the steel industry for strengthening and alloying purposes. In 2020, the export value of ferroalloys was approximately $30 million. India, Japan, and Nepal are among the closest trading partners for Bhutan's ferroalloy exports.
Cement
Bhutan exports cement, primarily to neighboring countries. The country's rich limestone reserves enable the production of high-quality cement. In 2020, cement exports were valued at around $18 million. India, Nepal, and Bangladesh serve as Bhutan's closest trading partners for cement exports.
Dolomite
Bhutan is known for its abundant dolomite reserves, which are exported as a raw material for various industries. Dolomite finds applications in steel production, glass manufacturing, and agriculture. In 2020, dolomite exports were valued at approximately $10 million. India, Bangladesh, and Nepal are among the closest trading partners for Bhutan's dolomite exports.
Precious Stones
Bhutan exports precious stones, including various types of gemstones. The country's picturesque landscapes harbor gemstone deposits, making it an attractive destination for gemstone enthusiasts. In 2020, the export value of precious stones was estimated at around $9 million. India, Thailand, and China are the closest trading partners for Bhutan's precious stone exports.
Fruit Products
Bhutan exports fruit products, including processed and preserved fruits. The country's fertile valleys and organic farming practices contribute to the production of high-quality fruits. In 2020, fruit product exports were valued at approximately $6 million. India, Bangladesh, and Nepal serve as Bhutan's closest trading partners for fruit product exports.
Wood and Wood Products
Bhutan's rich forest resources enable the export of wood and wood products. This category includes sawn timber, wooden furniture, and handicrafts. In 2020, wood and wood product exports were valued at around $5 million. India, Bangladesh, and Nepal are among the closest trading partners for Bhutan's wood exports.
Non-Metallic Mineral Products
Bhutan exports non-metallic mineral products, including gypsum and limestone. These materials find applications in construction, cement production, and agriculture. In 2020, non-metallic mineral product exports were valued at approximately $4 million. India, Bangladesh, and Nepal serve as Bhutan's closest trading partners for non-metallic mineral product exports.
Agro-based Products
Bhutan exports agro-based products, including processed food items, spices, and beverages. The country's agricultural practices and organic farming techniques contribute to the production of high-quality agro-based products. In 2020, agro-based product exports were valued at around $3 million. India, Bangladesh, and Nepal are among the closest trading partners for Bhutan's agro-based product exports.
Handicrafts
Bhutan exports a variety of handicrafts, including traditional Bhutanese textiles, woven baskets, wooden crafts, and hand-carved items. These unique and culturally significant products attract tourists and collectors alike. In 2020, handicraft exports were valued at approximately $2 million. India, Thailand, and the United States are the closest trading partners for Bhutan's handicraft exports.
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