# Bhutan HS 720221 exports | Yugalinks

Explore reported HS 720221 exports from Bhutan: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Bhutan |
| HS6 | 720221 |
| Latest exports | $97.1M |
| Active destinations | 12 |
| Three-year growth | -3.3% |
| Destination HHI | 8,509 |
| Weighted share | 46% |

## Destination markets

- India: $89.5M; share 49.8%; growth -3%

## Price intelligence

- Highest reported market price: France at $5.1K / ton.
- Lowest reported market price: Bangladesh at $20.6 / ton.
- Median reported price: $1.3K / ton.
- Price spread: 396.2%.

## Export history

- 2010: $102.4M
- 2011: $113.6M
- 2012: $110.1M
- 2013: $121.4M
- 2014: $131.1M
- 2015: $63.9M
- 2016: $93.3M
- 2017: $135.4M
- 2018: $175.3M
- 2019: $136.1M
- 2020: $100.3M
- 2021: $102.6M
- 2022: $202.6M
- 2023: $166.9M
- 2024: $92.7M

## Methods

Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.

Missing values are shown as Not reported and are not imputed.

## Complete structured values

```json
{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/btn/720221",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/720221",
    "exporter": "https://www.yugalinks.com/trade/exporter/btn/720221",
    "methodology": "https://www.yugalinks.com/methodology"
  },
  "methodology": {
    "summary": "Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.",
    "reportedValues": "Merchandise trade observations for an exporter, HS6 product, destination market, and available year.",
    "destinations": "Destination rows are ranked by latest observed exporter-lane value.",
    "prices": "Unit values are reported trade value divided by reported quantity where quantity is positive.",
    "missingData": "Missing values are shown as Not reported and are not imputed."
  },
  "exporter": {
    "hs_code": "720221",
    "exporter_iso3": "BTN",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 49,
    "current_lane_count": 12,
    "active_market_count": 12,
    "exports_latest_observed_lanes_usd": 97069174.40649386,
    "exports_current_2024_usd": 92704174.96623994,
    "exports_avg_3y_usd": 154051437.43549147,
    "exports_avg_5y_usd": 133001955.19059029,
    "exports_avg_10y_usd": 126889325.47809203,
    "exports_cagr_3y_pct": -3.3208532549819703,
    "exports_cagr_5y_pct": -7.386433778001122,
    "exports_cagr_10y_pct": -3.4035003362808847,
    "exports_all_year_lane_avg_usd": 78324088.70772938,
    "exports_historical_lane_peak_usd": 244330879.5725454,
    "historical_peak_year": 2022,
    "positive_growth_year_share_pct": 58.62068965517241,
    "trend_acceleration_pct": 0.0826470812989144,
    "trend_label": "Declining",
    "top_market_iso3": "IND",
    "top_market_exports_usd": 89509970.94969575,
    "top_market_share_pct": 92.212560266411,
    "destination_hhi": 8508.850409778299,
    "weighted_share_latest_pct": 46.04506583208242,
    "weighted_share_change_1y_pp": -6.839609679964998,
    "weighted_volatility_cv": 0.8738719295565951,
    "weighted_max_drawdown_pct": 60.04959418659575,
    "limited_history_lane_share_pct": 57.142857142857146,
    "data_freshness_years": 0,
    "coverage_score": 76,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:28:24",
    "source": "api",
    "product": {
      "hs_code": 720221,
      "hs_description": "Ferro-alloys: ferro-silicon, containing by weight more than 55% of silicon",
      "hs_chapter": 72,
      "hs_heading": 7202,
      "substitution_elasticity": -19.914381,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Ferro-alloys: ferro-silicon, containing by weight more than 55% of silicon",
    "hs_chapter": 72,
    "hs_heading": 7202,
    "destinations": [
      {
        "hs_code": 720221,
        "corridor_rank": 5,
        "exporter_iso3": "BTN",
        "importer_iso3": "IND",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 89509970.94969575,
        "exports_all_year_avg_usd": 61532776.74673159,
        "exports_avg_3y_usd": 137630653.1180166,
        "exports_avg_5y_usd": 121265842.01137838,
        "exports_avg_10y_usd": 111784816.06619874,
        "exports_cagr_3y_pct": -2.9726339441706218,
        "exports_cagr_5y_pct": -6.7762693352868775,
        "exports_cagr_10y_pct": -2.429455448754081,
        "exports_historical_peak_usd": 179117621.03983003,
        "buyer_imports_latest_observed_usd": 179696408.235962,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 55.172413793103445,
        "trend_acceleration_pct": -0.5431784954165408,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": -28.6499,
        "buyer_yoy_all_avg_pct": 15.9194,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 49.811775220436736,
        "market_share_change_1y_pp": -7.469722488370543,
        "peer_best_share_pct": 49.81177522043673,
        "peer_top_exporter": "BTN",
        "supplier_count_latest": 22,
        "buyer_market_hhi": 2820.11,
        "distance_km": 1236.124267578125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.4998249405470707,
        "tariff_advantage_pp": 0.3705081328069899,
        "volatility_cv": 0.8725240767438744,
        "max_drawdown_pct": 59.133403665322824,
        "attention_level": "High attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BTN",
      "hs_code": 720221,
      "num_markets": 34,
      "highest_price_importer_iso3": "FRA",
      "highest_price_usd_per_ton": 5132.008306140611,
      "lowest_price_importer_iso3": "BGD",
      "lowest_price_usd_per_ton": 20.586400499064254,
      "median_price_across_markets": 1290.1599460044893,
      "price_spread_pct": 396.18513359302204,
      "avg_quantity_metric_tons": 6721.404816091953,
      "total_trade_value_usd": 757017446
    },
    "history": [
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        "year": 2010,
        "export_value_usd": 102385718.36932136,
        "active_destinations": 6,
        "yoy_growth_pct": 36.5264413111452
      },
      {
        "year": 2011,
        "export_value_usd": 113572271.43596373,
        "active_destinations": 11,
        "yoy_growth_pct": 10.925892052923555
      },
      {
        "year": 2012,
        "export_value_usd": 110143883.30718993,
        "active_destinations": 16,
        "yoy_growth_pct": -3.018684125470592
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      {
        "year": 2013,
        "export_value_usd": 121430454.4965902,
        "active_destinations": 13,
        "yoy_growth_pct": 10.247115727636153
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      {
        "year": 2014,
        "export_value_usd": 131064598.09165747,
        "active_destinations": 22,
        "yoy_growth_pct": 7.933877572152056
      },
      {
        "year": 2015,
        "export_value_usd": 63932087.19490539,
        "active_destinations": 15,
        "yoy_growth_pct": -51.22093370309217
      },
      {
        "year": 2016,
        "export_value_usd": 93257509.79781978,
        "active_destinations": 11,
        "yoy_growth_pct": 45.869646823060805
      },
      {
        "year": 2017,
        "export_value_usd": 135361807.55203974,
        "active_destinations": 27,
        "yoy_growth_pct": 45.14842595036169
      },
      {
        "year": 2018,
        "export_value_usd": 175273393.78955236,
        "active_destinations": 27,
        "yoy_growth_pct": 29.48511619288819
      },
      {
        "year": 2019,
        "export_value_usd": 136058680.49365154,
        "active_destinations": 20,
        "yoy_growth_pct": -22.373454663053554
      },
      {
        "year": 2020,
        "export_value_usd": 100266447.05920479,
        "active_destinations": 10,
        "yoy_growth_pct": -26.30646813902977
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      {
        "year": 2021,
        "export_value_usd": 102589016.58727218,
        "active_destinations": 11,
        "yoy_growth_pct": 2.316397554902865
      },
      {
        "year": 2022,
        "export_value_usd": 202561308.68520558,
        "active_destinations": 15,
        "yoy_growth_pct": 97.44931321462396
      },
      {
        "year": 2023,
        "export_value_usd": 166888828.6550289,
        "active_destinations": 17,
        "yoy_growth_pct": -17.61070772188493
      },
      {
        "year": 2024,
        "export_value_usd": 92704174.96623994,
        "active_destinations": 12,
        "yoy_growth_pct": -44.45153955878852
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    ],
    "economy": {
      "year": 2024,
      "country_iso3": "BTN",
      "exports_usd": 308715383.4222897,
      "imports_usd": 1456141339.8414392,
      "trade_balance_usd": -1147425956.4191494,
      "yoy_exports_growth_pct": -40.47598203805967,
      "yoy_imports_growth_pct": 17.12617802448857,
      "exports_cagr_3y_pct": 15.049038925755731,
      "imports_cagr_3y_pct": 7.590171138299429,
      "export_partner_hhi": 8403.209183157693,
      "export_product_hhi": 1981.7241166038027,
      "momentum_score": -23.81847574891505,
      "risk_score": 51.924666498807476,
      "gdp_million_usd": 3012.8967892492788,
      "gdp_per_capita_usd": 3831.325354946087,
      "population": 791524,
      "labor_force": 416.79,
      "investment_rate_pct": 55.18,
      "savings_rate_pct": 32.18,
      "secondary_education_pct": 57.85,
      "tertiary_education_pct": 8.95,
      "total_factor_productivity": 512.63,
      "trade_openness_pct": 34.24432687968553,
      "exports_gdp_pct": 5.990146601334371,
      "num_active_partners": 270,
      "num_fta_partners": 7,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 2,
      "num_shared_language_partners": 1,
      "avg_partner_distance_km": 8382.77366255144,
      "avg_partner_gdp_million_usd": 533678518.3258194,
      "avg_partner_gdp_per_capita_usd": 15.774186170212769,
      "avg_buyer_biz_entry_days": null,
      "avg_buyer_biz_entry_cost_pct": null,
      "pct_partners_with_fta": 2.5925925925925926,
      "pct_partners_shared_language": 0.3703703703703704,
      "pct_partners_shared_border": 0.7407407407407408,
      "avg_applied_tariff_pct": 0.12990005301530977,
      "avg_mfn_tariff_pct": 0.1370018817554857,
      "avg_preferential_tariff_pct": 0.04227512902741238,
      "tariff_advantage_pp": 0.09472675272807332,
      "avg_distance_all_partners_km": 8509.116839769464,
      "num_border_partners": 55,
      "num_colonial_partners": 0,
      "avg_substitution_elasticity": -9.235666588400004,
      "pct_products_high_elasticity": 66.28571428571428,
      "pct_products_low_elasticity": 5.285714285714286,
      "real_market_potential": 553022.5471088062,
      "foreign_market_potential": 187753.6358511105
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    "countryMap": {}
  },
  "product": {
    "hs_code": "720221",
    "hs_description": "Ferro-alloys: ferro-silicon, containing by weight more than 55% of silicon",
    "hs_chapter": 72,
    "hs_heading": 7202
  },
  "destinations": [
    {
      "hs_code": 720221,
      "corridor_rank": 5,
      "exporter_iso3": "BTN",
      "importer_iso3": "IND",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 89509970.94969575,
      "exports_all_year_avg_usd": 61532776.74673159,
      "exports_avg_3y_usd": 137630653.1180166,
      "exports_avg_5y_usd": 121265842.01137838,
      "exports_avg_10y_usd": 111784816.06619874,
      "exports_cagr_3y_pct": -2.9726339441706218,
      "exports_cagr_5y_pct": -6.7762693352868775,
      "exports_cagr_10y_pct": -2.429455448754081,
      "exports_historical_peak_usd": 179117621.03983003,
      "buyer_imports_latest_observed_usd": 179696408.235962,
      "historical_peak_year": 2022,
      "positive_growth_year_share_pct": 55.172413793103445,
      "trend_acceleration_pct": -0.5431784954165408,
      "trend_label": "Stable",
      "buyer_yoy_latest_pct": -28.6499,
      "buyer_yoy_all_avg_pct": 15.9194,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 49.811775220436736,
      "market_share_change_1y_pp": -7.469722488370543,
      "peer_best_share_pct": 49.81177522043673,
      "peer_top_exporter": "BTN",
      "supplier_count_latest": 22,
      "buyer_market_hhi": 2820.11,
      "distance_km": 1236.124267578125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.4998249405470707,
      "tariff_advantage_pp": 0.3705081328069899,
      "volatility_cv": 0.8725240767438744,
      "max_drawdown_pct": 59.133403665322824,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "BTN",
    "hs_code": 720221,
    "num_markets": 34,
    "highest_price_importer_iso3": "FRA",
    "highest_price_usd_per_ton": 5132.008306140611,
    "lowest_price_importer_iso3": "BGD",
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      "active_destinations": 6,
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    {
      "year": 2013,
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      "year": 2014,
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      "yoy_growth_pct": 7.933877572152056
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    {
      "year": 2015,
      "export_value_usd": 63932087.19490539,
      "active_destinations": 15,
      "yoy_growth_pct": -51.22093370309217
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    {
      "year": 2016,
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      "active_destinations": 11,
      "yoy_growth_pct": 45.869646823060805
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    {
      "year": 2017,
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      "active_destinations": 27,
      "yoy_growth_pct": 45.14842595036169
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    {
      "year": 2018,
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    {
      "year": 2019,
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    {
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    {
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    {
      "year": 2022,
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      "yoy_growth_pct": 97.44931321462396
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    {
      "year": 2023,
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      "yoy_growth_pct": -17.61070772188493
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    {
      "year": 2024,
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      "active_destinations": 12,
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  "economy": {
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    "country_iso3": "BTN",
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    "imports_usd": 1456141339.8414392,
    "trade_balance_usd": -1147425956.4191494,
    "yoy_exports_growth_pct": -40.47598203805967,
    "yoy_imports_growth_pct": 17.12617802448857,
    "exports_cagr_3y_pct": 15.049038925755731,
    "imports_cagr_3y_pct": 7.590171138299429,
    "export_partner_hhi": 8403.209183157693,
    "export_product_hhi": 1981.7241166038027,
    "momentum_score": -23.81847574891505,
    "risk_score": 51.924666498807476,
    "gdp_million_usd": 3012.8967892492788,
    "gdp_per_capita_usd": 3831.325354946087,
    "population": 791524,
    "labor_force": 416.79,
    "investment_rate_pct": 55.18,
    "savings_rate_pct": 32.18,
    "secondary_education_pct": 57.85,
    "tertiary_education_pct": 8.95,
    "total_factor_productivity": 512.63,
    "trade_openness_pct": 34.24432687968553,
    "exports_gdp_pct": 5.990146601334371,
    "num_active_partners": 270,
    "num_fta_partners": 7,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
    "num_shared_border_partners": 2,
    "num_shared_language_partners": 1,
    "avg_partner_distance_km": 8382.77366255144,
    "avg_partner_gdp_million_usd": 533678518.3258194,
    "avg_partner_gdp_per_capita_usd": 15.774186170212769,
    "avg_buyer_biz_entry_days": null,
    "avg_buyer_biz_entry_cost_pct": null,
    "pct_partners_with_fta": 2.5925925925925926,
    "pct_partners_shared_language": 0.3703703703703704,
    "pct_partners_shared_border": 0.7407407407407408,
    "avg_applied_tariff_pct": 0.12990005301530977,
    "avg_mfn_tariff_pct": 0.1370018817554857,
    "avg_preferential_tariff_pct": 0.04227512902741238,
    "tariff_advantage_pp": 0.09472675272807332,
    "avg_distance_all_partners_km": 8509.116839769464,
    "num_border_partners": 55,
    "num_colonial_partners": 0,
    "avg_substitution_elasticity": -9.235666588400004,
    "pct_products_high_elasticity": 66.28571428571428,
    "pct_products_low_elasticity": 5.285714285714286,
    "real_market_potential": 553022.5471088062,
    "foreign_market_potential": 187753.6358511105
  }
}
```