Bhutan's exports dropped to 20 percent during lockdown

Export of goods from major industries declined to around 20 percent of the normal export capacity during the three-week nationwide lockdown, according to Bhutan's Economic Affairs Minister Loknath Sharma

Sep 07, 2020
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Export of goods from major industries declined to around 20 percent of the normal export capacity during the three-week nationwide lockdown, according to Bhutan's Economic Affairs Minister Loknath Sharma.

Overall export (export from major industries and other goods), however, he said could have decreased to 10 percent. This comes in the light of GDP having contracted by 6.7 percent and the domestic revenue reduced by 70 percent in view of the nationwide lockdown.

The minister said that the government was able to facilitate the export and import activities since the second week of the lockdown although the country could not export anything in the first week.

“We exported whatever was manufactured by our industries in Pasakha in Phuentsholing and Motanga in Samdrupjongkhar from the second week of the lockdown,” he said.

https://kuenselonline.com/export-dropped-to-20-percent-during-lockdown/