Market research

In-shell walnuts market in Bhutan

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:

Report language:

Submission method: to your account

File format: docx, xlsx

Single Report

$500

Instant access to detailed data on one specific market
Ideal for one-off tasks: niche assessments, presentations, investment decisions
Available in Excel and Word in 15 minutes after purchase
Cheaper than subscription, but each market requires a separate purchase

Best if you know exactly what you need

Buy a single report

Platform Subscription

from$600

Complete and unlimited data access across products and regions
Includes continuous data updates during subscription period
Download reports instantly in Word, and Excel formats
More cost-effective for multiple markets or regular analysis

Ideal for regular data users

View pricing plans

Earlier Report Observations

In-shell walnut production in Bhutan increased from 223.1 thousand tons in 2018 to 256.1 thousand tons in 2019, supported by the Ministry of Agriculture's plans to focus on high-value crops and agricultural mechanization outlined that year. However, output dropped to 219.0 thousand tons in 2020 after revisions to agricultural programs following a mid-term review, and fell further to 178.7 thousand tons in 2021 with the implementation of the Bhutan Agriculture Act and new certification requirements for local producers.

Production continued to decline to 129.4 thousand tons in 2022 as biosecurity and product certification rules were enforced to facilitate market access. By 2023, output stabilized at 129.3 thousand tons, coinciding with the launch of the Foreign Direct Investment Policy 2025 that encouraged new players into the agricultural market and reported growth in industrial licenses. Subsequent policies in 2024-2025 aimed to strengthen the industrial landscape, simplify regulations, and address inflation, shaping the market environment for walnuts.

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, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    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, 2018-2025, kg
    2. 6.1.2.2. Dynamics of product's imports in kind to Bhutan by countries, 2018-2025, kg
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.1.3. Imports in value, $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Bhutan in value, 2018-2025, $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Bhutan by countries, 2018-2025, $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's imports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Bhutan, 2018-2025, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Bhutan by countries, 2018-2025, $ US/kg
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, 2018-2025, kg
    2. 6.2.2.2. Dynamics of product's imports in kind to Bhutan by countries, 2018-2025, kg
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.2.3. Imports in value, $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Bhutan in value, 2018-2025, $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Bhutan by countries, 2018-2025, $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's imports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Bhutan, 2018-2025, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Bhutan by countries, 2018-2025, $ US/kg
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, kg
    1. 7.1.2.1. Annual dynamics of product's exports from Bhutan in kind, 2018-2025, kg
    2. 7.1.2.2. Dynamics of product's exports in kind from Bhutan by countries, 2018-2025, kg
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.1.3. Exports in value, $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Bhutan in value, 2018-2025, $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Bhutan by countries, 2018-2025, $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's exports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Bhutan, 2018-2025, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's exports from Bhutan by countries, 2018-2025, $ US/kg
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, kg
    1. 7.2.2.1. Annual dynamics of product's exports from Bhutan in kind, 2018-2025, kg
    2. 7.2.2.2. Dynamics of product's exports in kind from Bhutan by countries, 2018-2025, kg
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.2.3. Exports in value, $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Bhutan in value, 2018-2025, $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Bhutan by countries, 2018-2025, $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's exports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Bhutan, 2018-2025, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's exports from Bhutan by countries, 2018-2025, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, kg
  2. 8.1.2. In value, $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, kg
  2. 8.2.2. In value, $ US
9. Top buying and selling countries, 2018-2025
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production in-shell walnuts in Bhutan

In kind, 2018-2021, t

Top producers of in-shell walnuts, 2018-2021

Source: SHEV.io

World map of production of in-shell walnuts, 2018-2021

Source: SHEV.io

Bhutan's in-shell walnut production declined for the second consecutive year. In 2021, the country produced 178.7 t of in-shell walnuts, which represents an 18.4% decrease compared to 2020. Looking at the period from 2018 to 2021, production fell by 19.9%, translating to an average annual decline of 7.1%. The highest production level was recorded in 2019 at 256.1 t, which also saw the largest increase of 14.8%.

Annual dynamics of production in Bhutan in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	14.8%	(14.5%)	(18.4%)	(7.1%)

Source: SHEV.io

Exports in-shell walnuts from Bhutan

Exports in kind, kg

Annual dynamics of product's exports from Bhutan in kind, 2018-2021, kg

Parameter		2019	2020	2021	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

From 2018 to 2021, Singapore was the sole buyer of Bhutan's in-shell walnuts, accounting for 100.0% of total exports in kind.

Structure of product's exports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Bhutan in kind, 2018-2021

Source: SHEV.io

Exports in value, $ US

Annual dynamics of product's exports from Bhutan in value, 2018-2021, $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

Throughout the 2018–2021 period, Singapore dominated Bhutan's export structure in value terms, consistently representing 100.0% of total flows.

Structure of product's exports in value by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Bhutan in value, 2018-2021

Source: SHEV.io

Imports in-shell walnuts to Bhutan

Imports in kind, kg

The data shows irregular changes, indicating a volatile market environment. Imports reached their lowest point in 2019 at 58.0 kg and peaked in 2020 at 224.1 kg, representing a 3.9-fold difference between these years. In 2021, Bhutan imported 168.0 kg of in-shell walnuts, which is 25.0% lower than in 2020. The largest decline occurred in 2019 at 39.7%, while the largest increase was recorded in 2020 at 286.4%.

Annual dynamics of product's imports to Bhutan in kind, 2018-2021, kg

Parameter		2019	2020	2021	CAGR
1	Change from last year	(39.7%)	286.4%	(25.0%)	20.4%

Source: SHEV.io

From 2018 to 2021, imports in kind were highly concentrated, with India alone accounting for 97.3% of total flows.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Bhutan in kind, 2018-2021

Source: SHEV.io

Imports in value, $ US

The market displayed volatility during the observed period. The minimum value was recorded in 2019 at 570 US$, while the maximum occurred in 2021 at 2 559 US$, representing a 4.5-fold variation. In 2021, Bhutan's imported in-shell walnut volumes reached 2 559 US$, marking a sharp increase of 47.0% from the previous year. The largest decline was in 2019 at 49.1%, and the largest increase was in 2020 at 205.4%.

Annual dynamics of product's imports to Bhutan in value, 2018-2021, $ US