Asia ยท Country profile
Bhutan
India-Bhutan trade corridor: $11.0B bilateral trade, $0.6B FDI into India.
$11.0B
Trade with India
+5.5% YoY
$1.20T
GDP
Nominal
$0.6B
FDI into India
Cumulative
-$2.0B
Trade balance
India deficit
Top exports to Bhutan
- Machinery
- Gems and jewellery
- Rice and cereals
Top imports from Bhutan
- Coal and coke
- Copper and ores
- Gold and precious metals
Trade corridor with India
2025: $11.0B ยท 5-yr CAGR 12.7%
Goods trade in USD billion, illustrative demo figures.
Latest Bhutan stories
Trade6h ago3 min read
India-Bhutan bilateral trade hits a new quarterly high
FDI9h ago4 min read
Bhutan investors commit fresh capital to Indian manufacturing
Policy12h ago5 min read
Revised tariff schedule for India-Bhutan goods notified
Technology15h ago6 min read
India and Bhutan deepen cooperation on digital and AI standards
Policy and tariff watch
| Measure | Change | Status | Date | Alert |
|---|---|---|---|---|
| Import duty on engineering goods | 9% to 0% | In force | Jan 2026 | |
| Rules of origin certification | Digital certificates mandatory | Notified | Mar 2026 | |
| Pharma regulatory recognition | Mutual recognition under review | Consultation | Jun 2026 | |
| Agri products SPS standards | Revised residue limits | Proposed | Sep 2026 | |
| Trade agreement round | Round 3 of negotiations | Negotiating | Dec 2026 |
Upcoming events and delegations
Forum
India-Bhutan Business Forum
Apr 2027 ยท New Delhi
Delegation
Trade delegation to Bhutan
Dec 2026 ยท Bhutan
Buyer meet
Bhutan buyers-sellers meet
Jan 2027 ยท Mumbai
Policy
Joint working group on market access
Mar 2027 ยท Virtual
Opportunity sectors
๐S41Mines13% projected demand growth๐ขS46Ports, Shipping and Waterways21% projected demand growth๐ผS51Services25% projected demand growth๐ฅ๏ธS56Technology16% projected demand growth๐ฉ๏ธS01Aerospace12% projected demand growth๐S06Automotive & Electric Vehicles10% projected demand growth