FOOD IM­PORT VALUE IS AL­MOST THREE TIMES THAT OF EX­PORT

Business Bhutan - - Nation -

Bhutan im­ported food com­modi­ties twice the value of ex­port, ac­cord­ing to pro­vi­sional trade statis­tics for three quar­ters of this year (Jan­uary-Septem­ber 2018).

Bhutan re­port­edly ex­pe­ri­enced a food trade deficit of Nu 5.2bn in 2013 as the coun­try im­ported es­sen­tial food items worth Nu 6.3bn in 2013, in­clud­ing Nu 1.5bn worth of rice. How­ever, a rough es­ti­ma­tion showed that the coun­try im­ported food items worth about Nu 8bn in nine months this year and ex­ported food worth a lit­tle over Nu 3bn.

The value was de­rived from the value of im­ports un­der Sec­tions I, II, III and IV of the Bhutan Trade Clas­si­fi­ca­tion (BTS), which mainly com­prises food com­modi­ties.

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