Bhutan-France Bilateral Trade Analysis 2023
Complete trade statistics: $1.51M total volume •Bhutan deficit: $298,020
Bhutan → France
$604,529
Exports (2023)
France → Bhutan
$902,549
Imports (2023)
Trade Balance
$298,020
Deficit for Bhutan
Total Trade
$1.51M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Bhutan and France. 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-France commercial relationship and competitive positioning in global markets.
Bhutan → France Exports
Export Market Intelligence
🎯 Strategic Export Focus
Bhutan's export portfolio to France demonstrates strategic specialization, with ferro-alloys: ferro-silicon, containing by weight more than 55% of silicon representing a key competitive advantage in this bilateral market.
France → Bhutan Imports
Import Dependency Profile
📦 Import Strategy Analysis
Bhutan's import pattern from France reveals strategic sourcingin navigational instruments and appliances: for aeronautical or space navigation (excluding compasses), highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Bhutan demonstrates competitive strength in exportingferro-alloys: ferro-silicon, containing by weight more than 55% of silicon to France, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.
Growth Potential
The $1.51M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Bhutan-France Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $1.51 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Bhutan maintains a deficit of $298.02 thousand
- Export Focus: Bhutan's primary exports include ferro-alloys: ferro-silicon, containing by weight more than 55% of silicon, tools, hand: other hand tools (including glaziers diamonds), excluding household tools, drilling, threading or tapping tools, hammers and sledge hammers, planes, chisels, gouges and similar cutting tools for working wood, and screwdrivers, plants and parts (including seeds and fruits) n.e.c. in heading no. 1211, of a kind used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purposes, fresh, chilled, frozen or dried, whether or not cut, crushed or powdered
- Import Dependencies: Key imports from France include navigational instruments and appliances: for aeronautical or space navigation (excluding compasses), wine: still, in containers holding 2 litres or less, electrical apparatus: lightning arresters, voltage limiters and surge suppressors (for a voltage exceeding 1000 volts)
Strategic Trade Indicators
📈 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 $1.51M 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 ferro-alloys: ferro-silicon, containing by weight more than 55% of silicon.
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
Comparative Advantage
Bhutan's specialization in ferro-alloys: ferro-silicon, containing by weight more than 55% of siliconcomplements France's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in navigational instruments and appliances: for aeronautical or space navigation (excluding compasses).
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $1.51M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $1.51M 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 $1.51 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in ferro-alloys: ferro-silicon, containing by weight more than 55% of silicon and navigational instruments and appliances: for aeronautical or space navigation (excluding compasses) demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Bhutan's trade deficit of $298.02 thousand impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯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 France represents a total trade volume of $1.51 million in 2023. This partnership demonstrates an unfavorable trade balance for Bhutan, with imports exceeding exportsby $298.02 thousand.
Export Strengths
Bhutan's exports to France total $604.53 thousand, with competitive advantages in ferro-alloys: ferro-silicon, containing by weight more than 55% of silicon, representing $506,445 or83.8% of bilateral exports.
Import Dependencies
Imports from France amount to $902.55 thousand, highlighting economic interdependence in navigational instruments and appliances: for aeronautical or space navigation (excluding compasses), with Navigational instruments and appliances: for aeronautical or space navigation (excluding compasses) comprising69.8% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Bhutan's strategic sourcing from France. 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 France in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023