Bhutan-Netherlands Bilateral Trade Analysis 2023

Complete trade statistics: $897,704 total volume •Bhutan deficit: $897,704

BhutanNetherlands

$0

Exports (2023)

NetherlandsBhutan

$897,704

Imports (2023)

Trade Balance

$897,704

Deficit for Bhutan

Total Trade

$897,704

Combined Volume

Trade Flow Visualization

Direct trade relationship between Bhutan and Netherlands. 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-Netherlands commercial relationship and competitive positioning in global markets.

BhutanNetherlands Exports

$0
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
Infinity% top product
1Juice: orange, not frozen, of a Brix value exceeding 20, unfermented, not containing added spirit, whether or not containing added sugar or other sweetening matter
$7,669
Infinity% of exports
2Stone articles and articles of other mineral substances: n.e.c. or included in heading no. 6815
$3,455
Infinity% of exports
3Musical instruments: parts and accessories for the musical instruments the sound of which is produced or must be amplified electrically (e.g. organs, guitars and accordions)
$2,112
Infinity% of exports
4Hydrometers and similar floating instruments, barometers, hygrometers, psychrometers, thermometers, pyrometers: recording or not, any combination of these instruments (excluding thermometers and barometers not combined with other instruments)
$691
Infinity% of exports
5Liqueurs and cordials
$267
Infinity% of exports

🎯 Strategic Export Focus

Bhutan's export portfolio to Netherlands demonstrates strategic specialization, with juice: orange, not frozen, of a brix value exceeding 20, unfermented, not containing added spirit, whether or not containing added sugar or other sweetening matter representing a key competitive advantage in this bilateral market.

NetherlandsBhutan Imports

$897,704
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
16.8% concentration
1Printing machinery: parts and accessories, n.e.c. in item no. 8443.91
$150,753
16.8% of imports
2Equipment for outdoor games and recreation n.e.c. in heading no. 9506
$108,635
12.1% of imports
3Motorcycles (including mopeds) and cycles: fitted with auxiliary motor, with electric motor for propulsion, with or without side-cars: side-cars
$97,846
10.9% of imports
4Transmission apparatus for radio-broadcasting or television, whether or not incorporating sound recording or reproducing apparatus, incorporating reception apparatus
$93,800
10.4% of imports
5Vaccines: for human medicine
$66,887
7.5% of imports

📦 Import Strategy Analysis

Bhutan's import pattern from Netherlands reveals significant dependencyin printing machinery: parts and accessories, n.e.c. in item no. 8443.91, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Bhutan demonstrates competitive strength in exportingjuice: orange, not frozen, of a brix value exceeding 20, unfermented, not containing added spirit, whether or not containing added sugar or other sweetening matter to Netherlands, 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 $897,704 trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Bhutan-Netherlands Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $897.70 thousandrepresenting a significant bilateral economic relationship
  • Trade Balance: Bhutan maintains a deficit of $897.70 thousand
  • Export Focus: Bhutan's primary exports include juice: orange, not frozen, of a brix value exceeding 20, unfermented, not containing added spirit, whether or not containing added sugar or other sweetening matter, stone articles and articles of other mineral substances: n.e.c. or included in heading no. 6815, musical instruments: parts and accessories for the musical instruments the sound of which is produced or must be amplified electrically (e.g. organs, guitars and accordions)
  • Import Dependencies: Key imports from Netherlands include printing machinery: parts and accessories, n.e.c. in item no. 8443.91, equipment for outdoor games and recreation n.e.c. in heading no. 9506, motorcycles (including mopeds) and cycles: fitted with auxiliary motor, with electric motor for propulsion, with or without side-cars: side-cars

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 $897,704 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 juice: orange, not frozen, of a brix value exceeding 20, unfermented, not containing added spirit, whether or not containing added sugar or other sweetening matter.

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 juice: orange, not frozen, of a brix value exceeding 20, unfermented, not containing added spirit, whether or not containing added sugar or other sweetening mattercomplements Netherlands's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in printing machinery: parts and accessories, n.e.c. in item no. 8443.91.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $897,704 bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
🔮

Trade Relationship Outlook

The $897,704 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 $897.70 thousand bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in juice: orange, not frozen, of a brix value exceeding 20, unfermented, not containing added spirit, whether or not containing added sugar or other sweetening matter and printing machinery: parts and accessories, n.e.c. in item no. 8443.91 demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Bhutan's trade deficit of $897.70 thousand 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 stone articles and articles of other mineral substances: n.e.c. or included in heading no. 6815 present expansion opportunities.
Market Diversification
Beyond current focus on printing machinery: parts and accessories, n.e.c. in item no. 8443.91, 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 juice: orange, not frozen, of a brix value exceeding 20, unfermented, not containing added spirit, whether or not containing added sugar or other sweetening matter 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 Netherlands represents a total trade volume of $897.70 thousand in 2023. This partnership demonstrates an unfavorable trade balance for Bhutan, with imports exceeding exportsby $897.70 thousand.

Export Strengths

Bhutan's exports to Netherlands total $0.00, with competitive advantages in juice: orange, not frozen, of a brix value exceeding 20, unfermented, not containing added spirit, whether or not containing added sugar or other sweetening matter, representing $7,669 orInfinity% of bilateral exports.

Import Dependencies

Imports from Netherlands amount to $897.70 thousand, highlighting economic interdependence in printing machinery: parts and accessories, n.e.c. in item no. 8443.91, with Printing machinery: parts and accessories, n.e.c. in item no. 8443.91 comprising16.8% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Bhutan's strategic sourcing from Netherlands. 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.

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