In 2023, total charcoal exports from India to Bhutan were worth US$38.97 million. The country to the northeast of India was the top export destination for India’s wood charcoal exports. Considering these numbers, charcoal exports can make economic ties stronger between these countries. It is important to know how profitable this business is for India and Bhutan. We also need to understand how this economic relationship can grow more in the future.
So, let’s find out more about the journey of charcoal between these 2 South Asian countries.
Supply and manufacture of wood charcoal in India
A good wood charcoal manufacturer and supplier from India is highly valued by Bhutanese importers. Wood charcoal is mostly used for heating, cooking, and industrial work in their country. So, demand is quite high for the material.
There are many quality manufacturers and suppliers for the material all over India. The southern states have been traditionally better in their production.
Tamil Nadu, Andhra Pradesh, and Gujarat are the top states that supply this material. The largest manufacturing companies are also located in these areas. Many agencies buy this material from the top manufacturers and export them to different countries.
If you need to import good-quality wood charcoal in Bhutan, these agencies are very important.
Importance of Wood Charcoal Exporters from India in Bhutan
Bhutan is the fastest-growing market for Indian wood charcoal. This is mainly because it is a neighbouring country, making imports easier and faster. So, demand is now more for wood charcoal exporters from India.
Indian exporters are also more reliable and trustworthy, due to long-term trade relations. Moreover, the quality of material from the country suits the needs of the Bhutanese market.
However, it is very important to do business with the best exporters. Arkaexim is a company based in Kolkata that exports quality wood charcoal to Bhutan. It supplies high-quality wood charcoal to important cities like Thimphu, Paro, Punakha, Phuentsholing, Samdrup Jongkhar, and Gelephu.
Future exports and imports of this material are expected to grow more between these 2 countries.
Conclusion
Considering all these facts, we can understand the importance of wood charcoal trade between our 2 countries.
Thus, it becomes more important that better trading relationships are made between importers in Bhutan and exporters in India.
Overall, this commodity can determine their mutual economic growth in the future.