About Us
Bhutan Traders
Bhutan Traders is a fast growing well- recognized company situated in the Kingdome of Bhutan. Bhutan Traders is a Trading and construction company globally reputed having presence in many countries worldwide with strong base of satisfied customers.
Over the years company has spread its wings vividly and diversified manner, today its business segments ranging from execution of projects for various industries, manufacturing, importing and exporting of wide range of plant and machineries for different industries and applications, export and import of wide range of technical and not technical products like raw materials, consumer goods, engineering items etc. Our company has many ambitious plans to foray into many new promising segments in near future.
The company is having strong hold in the fast developing domestic market of Bhutan as well international market through efficient network of branches, agents, distributors and partners. The company is having its presence all around the world in countries like Germany, France, Italy , Indonesia, Vietnam, India, Bangladesh, Nepal, Thailand, Japan, Singapore, China and many more.
Overview of Bhutan
The Kingdom of Bhutan is a mountainous, landlocked country in South Asia, located in the eastern Himalayas, bordered by India and China. Bhutan is home to a population of 725,296 souls spread over approximately 47,000 square kilometer. Much of the population lives in the central highlands.
Economic Environment
Bhutan's economy has been traditionally based on agriculture and forestry, which provide the main livelihood for more than 40% of the population. The economy is closely aligned with India's strong trade and monetary links. The Bhutanese economy has expanded at a robust pace in the past few years driven by the hydropower sector. Gross Domestic Product (GDP) growth is estimated at nearly 8% in 2011/12 (from 8.5% in 2010/11)1.
In the last three years, Bhutan's average GDP growth rate has been higher than that of South Asia as a whole. As per the estimates by the World Bank, Bhutan is projected to grow at even faster rates in the near future due to the acceleration in hydropower-related construction. Bhutan's per capita gross national income (GNI), one of the highest in South Asia, has consistently risen from $730 in 2000 to $2,410 in 2012 as shown in the table below. As per the estimates by the World Bank, Bhutan's medium-term outlook is favorable, growth should remain strong at around 8%-9% in the foreseeable future, driven by hydropower, manufacturing, and domestic services.