Sector footprint
$4.8M in exports
Reported chemicals exports in 2024 across 41 qualifying HS6 products.
Sector export playbook ยท HS 28-38
Bhutan Chemicals exports
where capability meets demand
Explore Bhutan's HS 28-38 product portfolio, buyer markets, growth signals, and diversification opportunities. Use this guide to prioritize research, not to treat calculated indicators as guaranteed sales.
Sector exports$4.8M2024 reported value
Products41Qualifying HS6 products
Buyer markets21Markets represented
Average CAGR+33.8%Product-level growth signal
Global sector size$39.2BReported buyer imports
Chemicals capability
How strong is Bhutan in this sector?
Compare exporter scale with product breadth, buyer demand, growth, and destination reach. A large sector does not remove the need for product, compliance, pricing, and buyer validation.
Global demand
$39.2B buyer imports
The sector's reported buyer import base provides context for product and market prioritization.
How to use the guide
Find the next credible move
Start with products that combine demand and exporter capability, then validate standards, route economics, buyers, and competition.
Product portfolio
Which products anchor the sector?
Each HS6 product is ranked by calculated opportunity and shown with reported market size, exporter exports, growth, and destination reach.
| Product | Global size | Your exports | Opportunity | CAGR | Markets | Share |
|---|---|---|---|---|---|---|
| HS 330300Perfumes and toilet waters | $10.9B | $7.9K | $5.9B | -1.2% | 11 | +0.0% |
| HS 300490Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale | $8.9B | $744.8K | $2.5B | +173.7% | 8 | +0.0% |
| HS 382499Chemical products, mixtures and preparations: n.e.c. heading 3824 | $2.5B | $2.3K | $1.7B | +3.2% | 2 | +0.0% |
| HS 330499Cosmetic and toilet preparations: n.e.c. in heading no. 3304, for the care of the skin (excluding medicaments, including sunscreen or sun tan preparations) | $3.7B | $5.2K | $1.4B | +27.7% | 4 | +0.0% |
| HS 310210Fertilizers, mineral or chemical: nitrogenous, urea, whether or not in aqueous solution | $2.0B | $245.7 | $1.0B | +94.1% | 1 | +0.0% |
| HS 330749Perfumes and deodorizors: perfuming or deodorizing preparations for rooms, (excluding those which operate by burning) | $1.6B | $2.3K | $974.4M | +20.2% | 6 | +0.0% |
| HS 310520Fertilizers, mineral or chemical: containing the three fertilizing elements nitrogen, phosphorus and potassium | $589.9M | $29.0 | $805.3M | +61.4% | 1 | +0.0% |
| HS 280469Silicon: containing by weight less than 99.99% of silicon | $1.2B | $3.8M | $743.3M | +44.2% | 3 | +0.5% |
| HS 340130Organic surface-active products and preparations for washing the skin, in the form of liquid or cream and put up for retail sale, whether or not containing soap | $735.1M | $102.8 | $479.5M | +57.8% | 1 | +0.0% |
| HS 310420Fertilizers, mineral or chemical: potassic, potassium chloride | $1.2B | $1.3K | $473.2M | +83.7% | 2 | +0.0% |
| HS 330790Perfumes and deodorizers: perfuming or deodorizing preparations n.e.c. in heading no. 3307 | $748.5M | $131.2 | $305.9M | +14.6% | 3 | +0.0% |
| HS 290230Cyclic hydrocarbons: toluene | $475.2M | $878.3 | $245.0M | +180.5% | 1 | +0.0% |
| HS 340700Modelling pastes: preparations known as dental wax, put up in sets, in packings for retail sale or in plates, horseshoe shapes, sticks or similar forms, other preparations for use in dentistry | $290.6M | $375.0 | $219.8M | +99.0% | 1 | +0.0% |
| HS 340120Soap: in forms n.e.c. in item no. 3401.11 | $276.1M | $4.0K | $214.1M | -16.5% | 2 | +0.0% |
| HS 330129Oils, essential: n.e.s. in heading no. 3301 (terpeneless or not), including concretes and absolutes | $631.8M | $1.3K | $203.3M | -13.5% | 3 | +0.0% |
| HS 340119Soap and organic surface-active products: in the form of bars, cakes, moulded shapes, and paper, wadding, felt and nonwovens, impregnated, coated or covered with soap or detergent, not for toilet use | $182.0M | $490.0 | $199.2M | -15.6% | 2 | +0.0% |
| HS 294200Organic compounds: n.e.s. in chapter 29 | $198.7M | $162.6 | $175.2M | +18.8% | 1 | +0.0% |
| HS 340111Soap and organic surface-active products: in the form of bars, cakes, moulded shapes, and paper, wadding, felt and nonwovens, impregnated, coated or covered with soap or detergent, for toilet use (including medicated products) | $274.2M | $6.5K | $169.6M | -14.8% | 1 | +0.0% |
| HS 382200Reagents: diagnostic or laboratory reagents on a backing and prepared diagnostic or laboratory reagents whether or not on a backing, other than those of heading no. 3002 or 3006: certified reference material | $377.7M | $113.8 | $147.8M | +5.3% | 1 | +0.0% |
| HS 381590Reaction initiators, reaction accelerators and catalytic preparations, unsupported, n.e.s. or included | $202.7M | $0.1 | $132.1M | -32.6% | 1 | +0.0% |
| HS 294190Antibiotics: n.e.c. in heading no. 2941 | $113.9M | $83.8K | $112.4M | +37.6% | 1 | +0.2% |
| HS 330190Oils, essential: concentrates in fats, fixed oils, waxes and the like, terpenic by-products, aqueous distillates and solutions, extracted oleoresins, n.e.c. in heading no. 3301 | $93.9M | $19.6K | $98.0M | +45.7% | 1 | +0.0% |
| HS 330113Oils, essential: of lemon (terpeneless or not), including concretes and absolutes | $121.0M | $515.9 | $97.7M | +8.1% | 1 | +0.0% |
| HS 300215Blood, human or animal, antisera, other blood fractions and immunological products: immunological products, put up in measured doses or in forms or packings for retail sale | $227.7M | $13.3 | $93.4M | -27.8% | 1 | +0.0% |
| HS 320300Colouring matter of vegetable or animal origin, including dyeing extracts not animal black, whether or not chemically defined: preparations based on colouring matter of vegetable or animal origin | $60.7M | $8.7K | $78.2M | +0.2% | 1 | +0.0% |
| HS 330210Odoriferous substances and mixtures: of a kind used in the food or drink industries | $131.8M | $76.8 | $73.6M | -0.7% | 1 | +0.0% |
| HS 380510Terpenic oils: gum, wood or sulphate turpentine oils | $139.5M | $5.5K | $71.8M | -3.3% | 1 | +0.0% |
| HS 350220Albumins: milk albumin, including concentrates of two or more whey proteins | $162.4M | $1.9 | $71.5M | +92.2% | 1 | +0.0% |
| HS 340290Washing and cleaning preparations: surface-active, whether or not containing soap (excluding those of heading no. 3401), including auxiliary washing preparations, not for retail sale | $159.3M | $1.0K | $63.8M | -24.0% | 1 | +0.0% |
| HS 321410Mastics: painters' fillings | $157.3M | $3.3K | $62.1M | -9.0% | 1 | +0.0% |
| HS 280300Carbon: carbon blacks and other forms of carbon n.e.s. | $186.7M | $209.8 | $59.2M | -19.5% | 1 | +0.0% |
| HS 380110Graphite: artificial | $53.1M | $23.1K | $59.0M | +13.8% | 1 | +0.0% |
| HS 300220Vaccines: for human medicine | $85.0M | $9.3 | $55.4M | -56.9% | 1 | +0.0% |
| HS 285000Hydrides, nitrides, azides, silicides and borides, whether or not chemically defined, other than compounds which are also carbides of heading no. 2849 | $76.6M | $1.9K | $55.2M | +89.5% | 1 | +0.0% |
| HS 380210Carbon: activated | $65.2M | $5.2 | $48.2M | -59.3% | 1 | +0.0% |
| HS 280429Gases, rare: other than argon | $48.3M | $275.5 | $47.8M | +211.7% | 1 | +0.0% |
| HS 330290Odoriferous substances and mixtures: used as raw materials in industries other than the food or drink industries | $87.4M | $25.0K | $46.5M | +36.5% | 1 | +0.1% |
| HS 380610Rosin and resin acids | $59.4M | $25.8K | $44.9M | -1.9% | 1 | +0.0% |
| HS 283699Carbonates: n.e.s. in heading no. 2836 and other than lithium or strontium | $43.4M | $0.5 | $43.7M | -88.2% | 1 | +0.0% |
| HS 280512Alkali or alkali-earth metals: calcium | $24.4M | $2.4K | $43.5M | -5.1% | 1 | +0.0% |
| HS 330741Perfumes and deodorizers: perfuming or deodorizing preparations for rooms, agarbatti and other odoriferous preparations which operate by burning (including those used during religious rites) | $53.3M | $187.7 | $42.9M | +7.1% | 1 | +0.0% |
Best markets
Where does sector demand concentrate?
Markets are ranked by calculated opportunity across the qualifying products in this sector view.
IND
India
29 products represented in the sector.
$5.7B$9.4B reported buyer importsUSA
USA, Puerto Rico and US Virgin Islands
7 products represented in the sector.
$4.1B$7.4B reported buyer importsDEU
Germany
6 products represented in the sector.
$1.6B$3.2B reported buyer importsCHN
China
4 products represented in the sector.
$1.4B$1.9B reported buyer importsTHA
Thailand
4 products represented in the sector.
$1.1B$2.8B reported buyer importsSGP
Singapore
2 products represented in the sector.
$1.1B$2.5B reported buyer importsHKG
China, Hong Kong Special Administrative Region
3 products represented in the sector.
$995.5M$2.6B reported buyer importsTWN
Taiwan
3 products represented in the sector.
$994.7M$3.8B reported buyer importsCOL
Colombia
1 products represented in the sector.
$441.9M$1.7B reported buyer importsAUT
Austria
1 products represented in the sector.
$302.9M$481.5M reported buyer importsJPN
Japan
2 products represented in the sector.
$277.7M$437.9M reported buyer importsNPL
Nepal
2 products represented in the sector.
$260.8M$253.4M reported buyer importsGrowth stars
Which products show the strongest growth?
Average product-level CAGR is a screening signal. Confirm the latest trend, base effects, buyer quality, and commercial feasibility before acting.
| Product | Average CAGR | Opportunity | Markets |
|---|---|---|---|
| HS 280429Gases, rare: other than argon | +211.7% | $47.8M | 1 |
| HS 290230Cyclic hydrocarbons: toluene | +180.5% | $245.0M | 1 |
| HS 300490Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale | +173.7% | $2.5B | 8 |
| HS 340700Modelling pastes: preparations known as dental wax, put up in sets, in packings for retail sale or in plates, horseshoe shapes, sticks or similar forms, other preparations for use in dentistry | +99.0% | $219.8M | 1 |
| HS 310210Fertilizers, mineral or chemical: nitrogenous, urea, whether or not in aqueous solution | +94.1% | $1.0B | 1 |
| HS 350220Albumins: milk albumin, including concentrates of two or more whey proteins | +92.2% | $71.5M | 1 |
| HS 285000Hydrides, nitrides, azides, silicides and borides, whether or not chemically defined, other than compounds which are also carbides of heading no. 2849 | +89.5% | $55.2M | 1 |
| HS 310420Fertilizers, mineral or chemical: potassic, potassium chloride | +83.7% | $473.2M | 2 |
| HS 310520Fertilizers, mineral or chemical: containing the three fertilizing elements nitrogen, phosphorus and potassium | +61.4% | $805.3M | 1 |
| HS 340130Organic surface-active products and preparations for washing the skin, in the form of liquid or cream and put up for retail sale, whether or not containing soap | +57.8% | $479.5M | 1 |
Diversification opportunities
Which products reach the widest buyer base?
Destination count is a simple breadth indicator. It does not measure destination concentration or guarantee resilience.
HS 330300
Perfumes and toilet waters
11 markets$5.9B calculated opportunityHS 300490
Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
8 markets$2.5B calculated opportunityHS 330749
Perfumes and deodorizors: perfuming or deodorizing preparations for rooms, (excluding those which operate by burning)
6 markets$974.4M calculated opportunityHS 330499
Cosmetic and toilet preparations: n.e.c. in heading no. 3304, for the care of the skin (excluding medicaments, including sunscreen or sun tan preparations)
4 markets$1.4B calculated opportunityHS 280469
Silicon: containing by weight less than 99.99% of silicon
3 markets$743.3M calculated opportunityHS 330790
Perfumes and deodorizers: perfuming or deodorizing preparations n.e.c. in heading no. 3307
3 markets$305.9M calculated opportunityHS 330129
Oils, essential: n.e.s. in heading no. 3301 (terpeneless or not), including concretes and absolutes
3 markets$203.3M calculated opportunityHS 382499
Chemical products, mixtures and preparations: n.e.c. heading 3824
2 markets$1.7B calculated opportunityFrequently asked questions
Using the Chemicals export playbook
Practical guidance for interpreting sector scale, growth, product breadth, and buyer markets.
How strong is Bhutan in this sector?
Compare sector exports, product breadth, buyer markets, growth, and global demand. These signals identify research priorities rather than guarantee market access.
What are growth stars?
Products with higher average reported growth in the screened rows. Validate the time period, base effects, buyer demand, and current exporter position.
What does diversification mean here?
Products reaching more buyer markets in the screened data. Destination breadth is useful context but does not replace concentration, route, or buyer analysis.
Data source
OECD trade statistics with CEPII context
OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-30). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.