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Bhutan

Bhutan ranked No. 221 in total trade value through June with a total of $1.28 million. Exports totaled $1.05 million and Imports totaled $220,739, a surplus of $834,146.

U.S. trade with Bhutan rose to $1.28 million through June

Bhutan’s trade with the United States rose to $1.28 million through the first six months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 96.04 percent below its total trade during the same time period last year. Bhutan’s exports decreased 96.68 percent while imports fell 45.83 percent. The U.S. surplus with Bhutan was $834,146.

Through June, the top five among the nation’s airports, seaports and border crossings were No. 1 Los Angeles International Airport; No. 2 Port of New Orleans; No. 3 Port of Savannah, Ga.; No. 4 Cleveland’s Hopkins International Airport, Ohio; and No. 5 Anchorage International Airport, Alaska. During the same period the previous year, the top five were No. 1 Port of Tampa, Fla. No. 2 Port of New Orleans No. 3 Los Angeles International Airport No. 4 Port of Houston and No. 5 Cleveland’s Hopkins International Airport, Ohio. In the current time period, the top five accounted for 80.11 percent of Bhutan’s U.S. trade.

Among those top five:

  • Trade with No. 1 Los Angeles International Airport fell 23.26 percent to $395,863.
    Exports fell 23.19 percent to $389,341. Imports fell 27.53 percent to $6,522.
  • Trade with No. 2 Port of New Orleans fell 77.41 percent to $176,629.
    Exports fell 82.41 percent to $136,011. Imports rose 377.86 percent to $40,618.
  • Trade with No. 3 Port of Savannah, Ga. totaled $172,575.
    Exports totaled $172,575. There were no imports.
  • Trade with No. 4 Cleveland’s Hopkins International Airport, Ohio fell 37.39 percent to $152,395.
    Exports fell 36.24 percent to $130,533. Imports fell 43.47 percent to $21,862.
  • Trade with No. 5 Anchorage International Airport, Alaska rose 295.43 percent to $124,381.
    Exports rose 36.57 percent to $39,381. Imports rose 3144.27 percent to $85,000.

Bhutan ranked No. 221 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 181.

Meanwhile, total U.S. trade with the world increased to $2.06 trillion, down 0.14 percent compared to the same period last year. The nation’s exports dropped 0.75 percent to $823.61 billion; imports climbed 0.28 percent to $1.24 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $412.15 billion, up compared to the same period of last year when the deficit was $402.47 billion.

The top five U.S. exports to Bhutan by value through June were the categories of Equipment, parts for exercising; Wooden casks, barrels and vats; Cell phones, related equipment; Misc. medical chemical re-agents; and Medical bandages, respectively. They accounted for 69.37 percent of total exports to Bhutan.

The value of the top five categories of U.S. imports from Bhutan –– Paintings, drawings and other artwork; Prepared foods, beverages; Value added to a returned import; Salvage; and Bells, ornaments, photo frames, etc. –– accounted for 88.81 percent of all inbound shipments.

Looking more closely at U.S. exports to Bhutan:

  • Equipment, parts for exercising fell 48.33 percent compared to last year to $380,573.
  • Wooden casks, barrels and vats totaled $172,575. The previous year, there were no exports in this category.
  • Cell phones, related equipment rose 82.45 percent compared to last year to $84,781.
  • Misc. medical chemical re-agents rose 16.88 percent compared to last year to $47,824.
  • Medical bandages fell 0.88 percent compared to last year to $45,985.

Looking more closely at U.S. imports from Bhutan:

  • Paintings, drawings and other artwork rose 80.12 percent compared to last year to $100,505.
  • Prepared foods, beverages rose 336.97 percent compared to last year to $44,964.
  • Value added to a returned import rose 677.78 percent compared to last year to $35,000.
  • Salvage fell 23.92 percent compared to last year to $8,903.
  • Bells, ornaments, photo frames, etc. totaled $6,657. The previous year, there were no imports in this category.

In the latest annual figures available, Bhutan recorded $3.71 million in trade with the United States. At year’s end, its were Los Angeles; Seattle; Portland/Columbia-Snake River; Cleveland; and Jacksonville/Tampa. Total U.S. exports to Bhutan were $ 2.55 million and imports from Bhutan were $1.16 million. The U.S. surplus with Bhutan was $1.39 million.