Market research

Wood in the rough market in Bhutan

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The market for wood in the rough in Bhutan showed steady growth from 2018 to 2023, with production volume increasing from 3 485 thousand tonnes to 3 615 thousand tonnes. Market size followed a similar upward trajectory, rising from 3 485 thousand tonnes to 3 614 thousand tonnes over the six-year period.

This consistent expansion occurred without any imports, as the market was supplied entirely by domestic production. A small export volume of 1 thousand tonnes began in 2023, marking the country's initial entry into the international trade for this product.

The stable growth in output aligns with the implementation of the Forest and Nature Conservation Rules and Regulations of Bhutan in 2017, which established a structured framework for sustainable forestry management and likely supported the gradual increase in production capacity.

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, K 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, K 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, K 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, 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, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Bhutan in value, 2018-2025, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Bhutan by countries, 2018-2025, K $ 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, 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, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Bhutan in value, 2018-2025, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Bhutan by countries, 2018-2025, K $ 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, 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, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Bhutan in value, 2018-2025, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Bhutan by countries, 2018-2025, K $ 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, 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, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Bhutan in value, 2018-2025, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Bhutan by countries, 2018-2025, K $ 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, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ 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 wood in the rough in Bhutan

In kind, 2018-2021, K t

Top producers of wood in the rough, 2018-2021

Source: SHEV.io

World map of production of wood in the rough, 2018-2021

Source: SHEV.io

Bhutan's production of wood in the rough has grown for the third year in a row. In 2021, the country produced 3 564 thousand tonnes, showing a modest increase of 0.7% from 2020. Looking at the period from 2018 to 2021, overall production rose by 2.3%, which translates to an average annual growth rate of 0.8%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	0.8%	0.8%	0.7%	0.8%

Source: SHEV.io

Exports wood in the rough 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, India was the exclusive destination for Bhutan's wood in the rough exports in kind, accounting for 100.0% of the total volume.

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

Between 2018 and 2021, India consistently served as the primary market for Bhutan's wood in the rough exports in value terms, absorbing 100.0% of the total.

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 wood in the rough to Bhutan

Imports in kind, kg

Bhutan's imports of wood in the rough have fallen for the third consecutive year. In 2021, imports totaled 5 472 kilograms, representing a significant drop of 36.5% compared to 2020. Over the 2018-2021 period, imports declined sharply by 82.3%, with an average annual decrease of 43.9%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(41.0%)	(52.7%)	(36.5%)	(43.9%)

Source: SHEV.io

From 2018 to 2021, imports in kind were almost entirely sourced from India, which made up 100.0% of the total volume.

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

Bhutan's imports of wood in the rough in value terms have decreased for the third year running. In 2021, imports were recorded at 1 155 US dollars, indicating a substantial decline of 66.3% from 2020. Between 2018 and 2021, imports plummeted by 87.6%, equivalent to an average annual reduction of 50.1%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(30.4%)	(47.1%)	(66.3%)	(50.1%)

Source: SHEV.io

Throughout 2018 to 2021, India was the overwhelming and nearly sole source for Bhutan's wood in the rough imports in value terms, holding a 100.0% share.

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