Bhutan
↔
Australia

Bhutan-Australia Bilateral Trade Analysis 2023

Complete trade statistics: $2.24M total volume •Bhutan deficit: $2.14M

Bhutan → Australia

$49,097

Exports (2023)

Australia → Bhutan

$2.19M

Imports (2023)

Trade Balance

$2.14M

Deficit for Bhutan

Total Trade

$2.24M

Combined Volume

Trade Flow Visualization

Direct trade relationship between Bhutan and Australia. Green line shows exports from Bhutan, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Bhutan-Australia commercial relationship and competitive positioning in global markets.

Bhutan → Australia Exports

$49,097
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
17.5% top product
1Nuts, edible: hazelnuts or filberts (corylus spp.), fresh or dried, in shell
$8,609
17.5% of exports
2Oils, essential: n.e.c. in heading no. 3301 (terpeneless or not), including concretes and absolutes
$7,313
14.9% of exports
3Insulated electric conductors: for a voltage not exceeding 1000 volts, fitted with connectors
$5,598
11.4% of exports
4Clothing accessories: other than those of heading no. 6212 (not knitted or crocheted)
$4,328
8.8% of exports
5Headphones and earphones, whether or not combined with a microphone, and sets consisting of a microphone and one or more loudspeakers
$3,971
8.1% of exports

🎯 Strategic Export Focus

Bhutan's export portfolio to Australia demonstrates strategic specialization, with nuts, edible: hazelnuts or filberts (corylus spp.), fresh or dried, in shell representing a key competitive advantage in this bilateral market.

Australia → Bhutan Imports

$2.19M
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
39.0% concentration
1Telephones for cellular networks or for other wireless networks
$853,533
39.0% of imports
2Telephone sets n.e.c. in item no. 8517.1
$365,415
16.7% of imports
3Telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts
$312,483
14.3% of imports
4Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus
$242,628
11.1% of imports
5Automatic data processing machines: portable, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display
$120,803
5.5% of imports

📦 Import Strategy Analysis

Bhutan's import pattern from Australia reveals significant dependencyin telephones for cellular networks or for other wireless networks, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Bhutan demonstrates competitive strength in exportingnuts, edible: hazelnuts or filberts (corylus spp.), fresh or dried, in shell to Australia, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.

Specialized Exchange
📈

Growth Potential

The $2.24M trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Bhutan-Australia Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $2.24 millionrepresenting a significant bilateral economic relationship
  • Trade Balance: Bhutan maintains a deficit of $2.14 million
  • Export Focus: Bhutan's primary exports include nuts, edible: hazelnuts or filberts (corylus spp.), fresh or dried, in shell, oils, essential: n.e.c. in heading no. 3301 (terpeneless or not), including concretes and absolutes, insulated electric conductors: for a voltage not exceeding 1000 volts, fitted with connectors
  • Import Dependencies: Key imports from Australia include telephones for cellular networks or for other wireless networks, telephone sets n.e.c. in item no. 8517.1, telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthImbalanced

📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $2.24M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with Bhutan leveraging its comparative advantages in nuts, edible: hazelnuts or filberts (corylus spp.), fresh or dried, in shell.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

Bhutan's specialization in nuts, edible: hazelnuts or filberts (corylus spp.), fresh or dried, in shellcomplements Australia's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in telephones for cellular networks or for other wireless networks.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $2.24M bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
🔮

Trade Relationship Outlook

The $2.24M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

💰

Trade Volume Impact

The $2.24 million bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in nuts, edible: hazelnuts or filberts (corylus spp.), fresh or dried, in shell and telephones for cellular networks or for other wireless networks demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Bhutan's trade deficit of $2.14 million impacts its overall economic position in this bilateral relationship.

Balance Impact: Import Dependency

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in oils, essential: n.e.c. in heading no. 3301 (terpeneless or not), including concretes and absolutes present expansion opportunities.
Market Diversification
Beyond current focus on telephones for cellular networks or for other wireless networks, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in nuts, edible: hazelnuts or filberts (corylus spp.), fresh or dried, in shell may affect future market positioning.

🎯Strategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between Bhutan and Australia represents a total trade volume of $2.24 million in 2023. This partnership demonstrates an unfavorable trade balance for Bhutan, with imports exceeding exportsby $2.14 million.

Export Strengths

Bhutan's exports to Australia total $49.10 thousand, with competitive advantages in nuts, edible: hazelnuts or filberts (corylus spp.), fresh or dried, in shell, representing $8,609 or17.5% of bilateral exports.

Import Dependencies

Imports from Australia amount to $2.19 million, highlighting economic interdependence in telephones for cellular networks or for other wireless networks, with Telephones for cellular networks or for other wireless networks comprising39.0% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Bhutan's strategic sourcing from Australia. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

Access detailed trade data between Bhutan and Australia in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023