Bhutan is a landlocked country located in Southern Asia,
between China and India. It is classified as a least developed country (LDC). The
country’s trade is majorly reliant on mineral ore and vegetable oil. The
majority of exports are destined to India, Hong Kong and Bangladesh. Bhutan
mainly imports oil and fuels, base metals, machinery and electrical appliances,
vehicles, wood and food. Imports of equipment and fuel to build hydropower
plants have led to large trade and current account deficits.? Bhutan's main import partner is India. The
country is a member of the South Asian Free Trade Area. Negotiations on the
BIMSTEC (Bangladesh, Bhutan, Burma, India, Nepal, Sri Lanka and Thailand) free
trade agreement and accession to the WTO are ongoing.? ?
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Notes: Top 20 products listed in decreasing order of their export potential to the world. Development indicators are relative to the country’s current situation, green indicating performance above its trade-weighted median and red otherwise. A blank cell indicates that data are not available. A blank cell in export potential means that the product was not consistently demanded over five years by any country in the respective region. Exports (US$ thousand) correspond to average exports to the world over the period 2009-2013.