Tag Archives: Bhutan

According to allcountrylist, the economy of Bhutan is heavily reliant on its agriculture and services sectors. The agriculture sector is the largest contributor to Bhutan’s GDP, accounting for roughly 25% of the total. This sector consists of crops such as rice, corn, wheat, barley and potatoes grown in abundance. Livestock farming is also present in certain areas of the country with dairy production being a major focus. The services sector makes up a significant part of Bhutan’s economy and includes industries such as tourism, construction and retail trade. The manufacturing sector provides a small but important contribution to Bhutan’s GDP with industries such as textiles, food processing and paper products all playing an important role. The energy sector also contributes significantly to Bhutan’s economy with traditional sources like hydropower providing most of the country’s energy needs. Lastly, the financial services sector is a major contributor to Bhutan’s GDP with banking, insurance, investments and foreign exchange all playing an important role in providing much-needed capital for businesses throughout the country. Bhutan’s agricultural history dates back centuries, with the earliest records of farming activity in the region dating back to around 800 AD. Over the centuries, Bhutanese farmers have developed and perfected a variety of techniques for cultivating crops in the difficult terrain of the Himalayan foothills. The most common form of agriculture practiced in Bhutan is subsistence farming, which involves small-scale production of staple crops such as rice, maize, millet, wheat and barley as well as vegetables and fruits. Traditional methods are still widely used today with many farmers relying on oxen and hand tools to plough their fields. With increasing population growth and urbanization in recent decades, there has been an increased demand for cash crops such as cardamom, oranges and apples which are grown primarily for export. In addition to traditional farming practices, Bhutan has begun to introduce modern technologies such as greenhouses and drip irrigation systems that can help farmers increase crop yields in resource-poor areas. There is also an emerging emphasis on organic farming methods that can reduce soil erosion while also providing a premium price for produce that meets organic standards. As Bhutan continues to modernize its agricultural sector, it will be important to ensure that traditional practices are not forgotten but rather integrated into more sustainable approaches that will benefit both farmers and the environment. See itypeusa for Bhutan State Overview.