Trade balance — all countries

Trade balance — Bhutan

Trade balance in Bhutan in 2024 — -547,933,470 US$. Ranked 93 in the world out of 171. Since 1980, the indicator has fallen by 1,579.6%.

2024 -548M US$ +27.14% vs 2023
World rank 93of 171
Period maximum -14.73M US$1995
Period minimum -1B US$2022

Trend over time

1980–2024 · US$

Trade balance — Bhutan, 1980–2024-1.25B-1B-750M-500M-250M019801985199019952000200520102015202020241980: -32,622,637 US$1981: -47,729,850 US$1982: -50,661,376 US$1983: -55,829,854 US$1984: -54,490,251 US$1985: -62,253,663 US$1986: -70,054,849 US$1987: -36,819,041 US$1988: -59,745,997 US$1989: -27,380,974 US$1990: -15,231,239 US$1991: -21,755,368 US$1992: -59,987,847 US$1993: -29,461,066 US$1994: -26,798,843 US$1995: -14,731,516 US$1996: -32,209,365 US$1997: -37,366,214 US$1998: -61,510,884 US$1999: -82,083,959 US$2000: -83,041,093 US$2001: -102,254,009 US$2002: -136,719,942 US$2003: -157,352,582 US$2004: -218,816,705 US$2005: -214,535,269 US$2006: -42,730,696 US$2007: -27,812,353 US$2008: -115,365,565 US$2009: -221,360,209 US$2010: -448,351,795 US$2011: -532,981,982 US$2012: -443,396,579 US$2013: -392,312,030 US$2014: -408,531,489 US$2015: -581,236,553 US$2016: -521,929,983 US$2017: -515,565,852 US$2018: -551,807,794 US$2019: -361,343,043 US$2020: -385,821,271 US$2021: -531,193,931 US$2022: -1,002,019,830 US$2023: -752,031,454 US$2024: -547,933,470 US$
Change over the period: −515M (−1,579.61%)

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Bhutan

Bhutan -548M US$
World computed 863B US$
South Asia computed -142B US$
Southern Asia computed -166B US$
Lower-middle-income countries computed -351B US$
Trade balance — Bhutan, by year Bhutan All countries CSV XLSX
Year US$ Change Change, %
2024 -548M +204M +27.14%
2023 -752M +250M +24.95%
2022 -1B −471M −88.64%
2021 -531M −145M −37.68%
2020 -386M −24.48M −6.77%
2019 -361M +190M +34.52%
2018 -552M −36.24M −7.03%
2017 -516M +6.36M +1.22%
2016 -522M +59.31M +10.2%
2015 -581M −173M −42.27%
2014 -409M −16.22M −4.13%
2013 -392M +51.08M +11.52%
2012 -443M +89.59M +16.81%
2011 -533M −84.63M −18.88%
2010 -448M −227M −102.54%
2009 -221M −106M −91.88%
2008 -115M −87.55M −314.8%
2007 -27.81M +14.92M +34.91%
2006 -42.73M +172M +80.08%
2005 -215M +4.28M +1.96%
2004 -219M −61.46M −39.06%
2003 -157M −20.63M −15.09%
2002 -137M −34.47M −33.71%
2001 -102M −19.21M −23.14%
2000 -83.04M −957,134 −1.17%
1999 -82.08M −20.57M −33.45%
1998 -61.51M −24.14M −64.62%
1997 -37.37M −5.16M −16.01%
1996 -32.21M −17.48M −118.64%
1995 -14.73M +12.07M +45.03%
1994 -26.8M +2.66M +9.04%
1993 -29.46M +30.53M +50.89%
1992 -59.99M −38.23M −175.74%
1991 -21.76M −6.52M −42.83%
1990 -15.23M +12.15M +44.37%
1989 -27.38M +32.37M +54.17%
1988 -59.75M −22.93M −62.27%
1987 -36.82M +33.24M +47.44%
1986 -70.05M −7.8M −12.53%
1985 -62.25M −7.76M −14.25%
1984 -54.49M +1.34M +2.4%
1983 -55.83M −5.17M −10.2%
1982 -50.66M −2.93M −6.14%
1981 -47.73M −15.11M −46.31%
1980 -32.62M

About the indicator

The balance of foreign trade in goods and services: exports minus imports. This is the largest part of the current account but not the whole of it — investment income and remittances do not enter the trade balance, and for countries with large transfers the two indicators move in opposite directions. A surplus is not in itself a sign of a healthy economy: a country importing equipment for construction will run a deficit precisely because it is investing in growth.

Important: Goods and services together. For countries with large service exports — tourism, transport, software — the merchandise balance can be negative while the overall balance is positive.

Source: World Development Indicators (World Bank), license CC BY 4.0.