THE
8504.31

India’s exports to Bhutan

Electrical transformers, converters and inductors — other transformers: Having a power handling capacity not exceeding 1 kVA to Bhutan

#66Bhutan’s rank among 136 buyers of this code, 2025
14 yearsIndia shipped it there out of 21, since 2005
#1052among 3,497 products India sold Bhutan in 2025
$140MIndia’s exports of this code to all countries, 2025

Bhutan’s rank as a buyer, year by year

#1 is India’s biggest buyer of this code that year. Ranked by value; the value itself is not shown. Source: UN Comtrade (India's own reports).

Top buyers, 2025

All for 8504.31
  1. United States
  2. Saudi Arabia
  3. Germany
  4. Egypt
  5. United Arab Emirates
  6. United Kingdom
  7. Mexico
  8. Spain
  9. China
  10. Malaysia

What else India sells Bhutan in chapter 85

8544.60Insulated wire, cable and optical fibre cables — other electric conductor of a voltage exceeding 1000 v#10 of everything India sold Bhutan8504.23Electrical transformers, converters and inductors — having a power handling capacity exceeding 10000 kva#17 of everything India sold Bhutan8537.20Control panels and electrical distribution boards — for a voltage exceeding 1,000 V#19 of everything India sold Bhutan8514.90Parts#25 of everything India sold Bhutan8537.10Control panels and electrical distribution boards — for a voltage not exceeding 1,000 V#30 of everything India sold Bhutan8504.22Liquid dielectric transformers: Having a power handling capacity exceeding 650 kVA but not exceeding 10000 kVA#37 of everything India sold Bhutan8501.64Electric motors and generators — of an output exceeding 750 kva#66 of everything India sold Bhutan8518.22Loudspeakers, whether or not mounted in their enclosures: Multiple loudspeakers, mounted in the same enclosure#82 of everything India sold Bhutan8517.62Machines for the reception, conversion and transmission or regeneration of voice, images or other d#88 of everything India sold Bhutan8504.40Static converter#120 of everything India sold Bhutan

Bhutan as a market for Indian exporters

Rank among India’s export markets
#55
Trade agreement with India
SAFTA
ECGC country risk rating
B1 (as of April 2025)
Region
Southern Asia
Currency
Ngultrum
Language
Dzongkha

India’s top exports to Bhutan: 2710.19, 2710.12, 4402.90, 1006.30, 7203.10.

Everything on HS 8504.31
India’s total trade, the 8-digit tariff lines and their GST rates.Open the code page