Market research

Goat meat market in Bhutan

Release date: Mar 27, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

From 2018 to 2023, the goat meat market in Bhutan contracted from 328.2 t to 231.5 t. The sharpest decline occurred in 2021, when the market volume fell to 161.7 t as the COVID-19 pandemic disrupted international supply chains and caused imports to nearly cease.

Imports of fresh, chilled, or frozen goat meat dropped from 29.2 t in 2018 to 1.9 t in 2020 and zero in 2021‑2022, severely reducing total supply. Domestic production also dipped but began recovering from 2022, reaching 230.7 t in 2023, supported by a stable goat population reported at around 61 000 head.

Social and religious norms in Bhutan continue to influence meat consumption patterns, limiting the development of a formal, large-scale meat industry, though goat meat remains culturally important during festivals and special occasions.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Bhutan
  1. 5.1.1. Annual dynamics of production in Bhutan in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Bhutan in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, kg
    1. 6.1.2.1. Annual dynamics of product's imports to Bhutan in kind, 2018-2024, kg
    2. 6.1.2.2. Dynamics of product's imports in kind to Bhutan by countries, 2018-2024, kg
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Bhutan in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Bhutan by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Bhutan, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Bhutan by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, kg
    1. 6.2.2.1. Annual dynamics of product's imports to Bhutan in kind, 2018-2024, kg
    2. 6.2.2.2. Dynamics of product's imports in kind to Bhutan by countries, 2018-2024, kg
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Bhutan in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Bhutan by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Bhutan, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Bhutan by countries, 2018-2024, $ US/t
7. Trade balance
1. 7.1. Trade balance (Direct Data)
  1. 7.1.1. In kind, kg
  2. 7.1.2. In value, K $ US
2. 7.2. Trade balance (Mirror Data)
  1. 7.2.1. In kind, kg
  2. 7.2.2. In value, K $ US
8. Top buying and selling countries, 2018-2024
1. 8.1. Direct Data
  1. 8.1.1. Import in Value by Countries-buyers
  2. 8.1.2. Export in Value by Countries-suppliers
2. 8.2. Mirror Data
  1. 8.2.1. Import in Value by Countries-buyers
  2. 8.2.2. Export in Value by Countries-suppliers

Production goat meat in Bhutan

In kind, 2017-2020, t

Top producers of goat meat, 2017-2020

Source: SHEV.io

World map of production of goat meat, 2017-2020

Source: SHEV.io

In 2020, Bhutan produced 296.0 tons of goat meat, marking a 5.3% year-over-year increase. From 2017 to 2020, production grew by 52.2%, which translates to an annualized growth rate of 15.0%. The highest production level was reached in 2018 at 299.0 tons. The most significant production decline occurred in 2019, with a drop of 6.0%, while the largest increase was recorded in 2018 at 53.7%.

Annual dynamics of production in Bhutan in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	53.7%	(6.0%)	5.3%	15.0%

Source: SHEV.io

Exports goat meat from Bhutan

According to market intelligence reports, Bhutan did not export any goat meat between 2017 and 2020.

Imports goat meat to Bhutan

Imports in kind, kg

The market showed considerable volatility over this period. Import volumes fluctuated dramatically, with a 15-fold difference between the peak in 2018 and the low in 2020. In 2020, Bhutan imported 1 937 kg of goat meat, representing a sharp 93.0% decrease compared to the previous year. The highest import volume was recorded in 2018 at 29 236 kg, which also saw the largest increase of 69.5%.

Annual dynamics of product's imports to Bhutan in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	69.5%	(5.9%)	(93.0%)	(51.8%)

Source: SHEV.io

From 2017 to 2020, Bhutan's goat meat imports were overwhelmingly concentrated on India, which accounted for 99.5% of total import volumes.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Bhutan in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

The market experienced significant instability throughout this timeframe. Import values varied widely, with a 16-fold gap between the peak in 2018 and the trough in 2020. In 2020, Bhutan imported goat meat worth 9.6 thousand US dollars, reflecting a sudden 92.9% decline year-over-year. The maximum import value was recorded in 2018 at 155.8 thousand US dollars, which also saw the largest increase of 50.2%.

Annual dynamics of product's imports to Bhutan in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	50.2%	(12.7%)	(92.9%)	(54.7%)

Source: SHEV.io

Between 2017 and 2020, Bhutan's import structure in value terms was dominated by India and Thailand, which together accounted for 99.6% of total import flows.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Bhutan in value, 2017-2020

Source: SHEV.io