Bhutan's largest export market, the biggest source of its imports and one of the top foreign investors in the country
US$ 694.10mn is value of Bhutan's imports from India in 2019-20
Bhutan is an important pillar of India’s ‘Neighbourhood First’ policy
One-third of Bhutan’s exports to India is electricity
Up to 4,000 Bhutanese students are enrolled in Indian Universities
7.4%
Expected growth in 2020
US$ 1,083.32mn
Bilateral trade value in 2020-2021
60,000
Overseas Indians living in Bhutan
Hydropower projects
providing inexpensive, clean electricity to India, and generating export revenue
Tourism
potential through its pristine, untouched environment and their Gross National Happiness philosophy as an attraction
Agriculture
FDI in organic farming, poultry and dairy farming, floriculture and biotech
Construction
is booming due to rapid urbanization, particularly around Thimphu and Bhutan's hydropower projects
India's Exports and Imports to Bhutan
Source: Department of Commerce
Values in US $ Millions
S.No. | \Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 |
1 | EXPORT | 333.94 | 468.95 | 509.28 | 546.12 | 657.33 |
2 | %Growth | 40.43 | 8.6 | 7.23 | 20.36 | |
3 | India’s Total Export | 310,338.48 | 262,291.09 | 275,852.43 | 303,526.16 | 330,078.09 |
4 | %Growth | -15.48 | 5.17 | 10.03 | 8.75 | |
5 | %Share | 0.11 | 0.18 | 0.18 | 0.18 | 0.2 |
6 | IMPORT | 149.87 | 281.27 | 307.82 | 377.99 | 370.96 |
7 | %Growth | 87.68 | 9.44 | 22.8 | -1.86 | |
8 | India’s Total Import | 448,033.41 | 381,007.76 | 384,357.03 | 465,580.99 | 514,078.42 |
9 | %Growth | -14.96 | 0.88 | 21.13 | 10.42 | |
10 | %Share | 0.03 | 0.07 | 0.08 | 0.08 | 0.07 |
11 | TOTAL TRADE | 483.81 | 750.22 | 817.10 | 924.11 | 1,028.29 |
12 | %Growth | 55.07 | 8.91 | 13.1 | 11.27 | |
13 | India’s Total Trade | 758,371.89 | 643,298.84 | 660,209.46 | 769,107.15 | 844,156.51 |
14 | %Growth | -15.17 | 2.63 | 16.49 | 9.76 | |
15 | %Share | 0.06 | 0.12 | 0.12 | 0.12 | 0.12 |
16 | TRADE BALANCE | 184.08 | 187.68 | 201.46 | 168.13 | 286.37 |
17 | India’s Trade Balance | -137,694.93 | -118,716.67 | -108,504.60 | -162,054.83 | -184,000.33 |
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India House Estate,Jungshina, Thimphu, Bhutan
Carcasses/half-carcasses of bovine animals, fresh/chilled (020110)
Carcasses/half-carcasses of swine, fresh/chilled (020311)
Sweet biscuits (190531)
agriexchange.apeda.gov.inSemi-milled/wholly milled rice, whether or not polished/glazed (100630)
agriexchange.apeda.gov.inUndenatured ethyl alcohol of an alcoholic strength by volume of 80% vol. (220710)
agriexchange.apeda.gov.inMilk in powder/granules/oth. solid form, fat content by wt. not >1.5% (040210)
Processed cheese, not grated/powdered (040630)
Stuffed pasta, whether or not cooked/othw. prepd. (190220)
agriexchange.apeda.gov.inOTHER CANE SUGAR: (170114)
agriexchange.apeda.gov.inHusked (brown) rice (100620)
agriexchange.apeda.gov.inReserve: 1.04 million tonnes
nsb.gov.btReserves: 2.04 Million tonnes
nsb.gov.btReserve: 14,542 mt
nsb.gov.btReserve: 48.75 million tonnes
nsb.gov.btReserve: Iron Ore – 2.69 million tonnes
nsb.gov.btReserve: 3.29 tonnes
nsb.gov.btReserve: 164.65 million tonnes
nsb.gov.btReserve: 0.13 million tonnes
nsb.gov.btReserve: 3.87 million tonnes
nsb.gov.btHere are the leading sectors of opportunities for foreign investors
SJVNL Ltd