" In South Asia, Bhutan ranks first in economic freedom, ease of doing business, and peace; and is the least corrupt country as of 2016. However, Bhutan continues to be a least developed country. Hydroelectricity accounts for the major share of its exports. Bhutan is also notable for pioneering the concept of gross national happiness.
Bhutan's economy is based on agriculture, forestry, tourism and the sale of hydroelectric power to India. Agriculture provides the main livelihood for 55.4 percent of the population. Agrarian practices consist largely of subsistence farming and animal husbandry. Handicrafts, particularly weaving and the manufacture of religious art for home altars, are a small cottage industry. Bhutan's exports, principally electricity, cardamom, gypsum, timber, handicrafts, cement, fruit, precious stones and spices, total €128 million (2000 est.). Imports, however, amount to €164 million, leading to a trade deficit. Main items imported include fuel and lubricants, grain, machinery, vehicles, fabrics and rice. Bhutan's main export partner is India, accounting for 58.6 percent of its export goods. In South Asia, Bhutan ranks first in economic freedom, ease of doing business, and peace; and is the least corrupt country as of 2016. However, Bhutan continues to be a least developed country. Hydroelectricity accounts for the major share of its exports.[ Bhutan is also notable for pioneering the concept of gross national happiness.
Bhutan's exports, principally electricity, cardamom, gypsum, timber, handicrafts, cement, fruit, precious stones and spices, total €128 million (2000 est.). Imports, however, amount to €164 million, leading to a trade deficit. Main items imported include fuel and lubricants, grain, machinery, vehicles, fabrics and rice. Bhutan's main export partner is India, accounting for 58.6 percent of its export goods." - Wikipedia.
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