Market research

Millet market in Bhutan

Millet market in Bhutan

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The millet market in Bhutan expanded from 1 190 tons in 2018 to a peak of 1 712 tons in 2020, followed by a contraction to 631 tons by 2023. This shift reflected a similar pattern in domestic production, which rose to 1 613 tons in 2020 before declining to 530 tons in 2023.

Imports of millet, which supplemented local supply, varied considerably over the period, dropping to just 2 tons in 2021 from 119 tons in 2018 and then recovering partially to 101 tons in 2023. Despite some import recovery after 2021, the overall market volume remained well below the 2020 high.

By 2023, the millet market in Bhutan had settled at around 630 tons, marking a significant reduction from the levels seen at the start of the review period.

Table of content

  1. 1. Disclaimer
  2. 2. Terms of use of the report
  3. 3. Product codes in the statistical classifications used in the report
  4. 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. 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. 6. Imports
    1. 6.1. Imports (Direct Data*)
      1. 6.1.1. Imports - Total information
      2. 6.1.2. Imports in kind, t
        1. 6.1.2.1. Annual dynamics of product's imports to Bhutan in kind, 2018-2025, t
        2. 6.1.2.2. Dynamics of product's imports in kind to Bhutan by countries, 2018-2025, t
        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/t
        1. 6.1.4.1. Annual dynamics of average price of product's imports to Bhutan, 2018-2025, $ US/t
        2. 6.1.4.2. Dynamics of average price of product's imports to Bhutan by countries, 2018-2025, $ US/t
    2. 6.2. Imports (Mirror Data)
      1. 6.2.1. Imports - Total information
      2. 6.2.2. Imports in kind, t
        1. 6.2.2.1. Annual dynamics of product's imports to Bhutan in kind, 2018-2025, t
        2. 6.2.2.2. Dynamics of product's imports in kind to Bhutan by countries, 2018-2025, t
        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/t
        1. 6.2.4.1. Annual dynamics of average price of product's imports to Bhutan, 2018-2025, $ US/t
        2. 6.2.4.2. Dynamics of average price of product's imports to Bhutan by countries, 2018-2025, $ US/t
  7. 7. Exports
    1. 7.1. Exports (Direct Data*)
      1. 7.1.1. Exports - Total information
      2. 7.1.2. Exports in kind, t
        1. 7.1.2.1. Annual dynamics of product's exports from Bhutan in kind, 2018-2025, t
        2. 7.1.2.2. Dynamics of product's exports in kind from Bhutan by countries, 2018-2025, t
        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/t
        1. 7.1.4.1. Annual dynamics of average price of product's exports from Bhutan, 2018-2025, $ US/t
        2. 7.1.4.2. Dynamics of average price of product's exports from Bhutan by countries, 2018-2025, $ US/t
    2. 7.2. Exports (Mirror Data)
      1. 7.2.1. Exports - Total information
      2. 7.2.2. Exports in kind, t
        1. 7.2.2.1. Annual dynamics of product's exports from Bhutan in kind, 2018-2025, t
        2. 7.2.2.2. Dynamics of product's exports in kind from Bhutan by countries, 2018-2025, t
        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/t
        1. 7.2.4.1. Annual dynamics of average price of product's exports from Bhutan, 2018-2025, $ US/t
        2. 7.2.4.2. Dynamics of average price of product's exports from Bhutan by countries, 2018-2025, $ US/t
  8. 8. Trade balance
    1. 8.1. Trade balance (Direct Data)
      1. 8.1.1. In kind, t
      2. 8.1.2. In value, $ US
    2. 8.2. Trade balance (Mirror Data)
      1. 8.2.1. In kind, t
      2. 8.2.2. In value, $ US
  9. 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 millet in Bhutan

In kind, 2018-2021, t

Top producers of millet, 2018-2021

Source: SHEV.io

World map of production of millet, 2018-2021

Source: SHEV.io

Bhutan's millet production saw a two-year increase before declining. In 2021, production dropped to 1 122 tonnes, marking a 30.4% year-over-year decrease. Over the 2018-2021 period, production overall increased by 4.8%, with a compound annual growth rate of 1.6%. The peak was recorded in 2020 at 1 613 tonnes, which also saw the largest annual increase of 30.0%.

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

Parameter201920202021CAGR
1Change from last year15.8%30.0%(30.4%)1.6%
Source: SHEV.io

Exports millet from Bhutan

Marketing analysis indicates that Bhutan did not export any millet from 2018 to 2021.

Imports millet to Bhutan

Imports in kind, t

Millet imports to Bhutan declined for the third consecutive year. In 2021, imports totaled 1.8 tonnes, showing a dramatic 98.2% contraction compared to the previous year. Between 2018 and 2021, imports decreased by 98.5%, equating to an annualized rate of 75.5%.

Annual dynamics of product's imports to Bhutan in kind, 2018-2021, t

Parameter201920202021CAGR
1Change from last year(7.9%)(10.5%)(98.2%)(75.5%)
Source: SHEV.io

From 2018 to 2021, millet imports to Bhutan were highly concentrated, with India accounting for 100.0% 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

Millet shipments to Bhutan from abroad declined for the third year in a row. In 2021, imports amounted to 705 US dollars, representing a 97.9% reduction compared to 2020. Over the 2018-2021 period, imports decreased by 98%, with a compound annual growth rate of 72.9%.

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

Parameter201920202021CAGR
1Change from last year(1.1%)(3.7%)(97.9%)(72.9%)
Source: SHEV.io

Between 2018 and 2021, India was the key and nearly sole market for millet imports to Bhutan in value terms, accounting for 99.9% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

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