Bhutan
Compare Bhutan →BT · BTN · BACI 64 · latest data 2024
Exports
= $461 M65.7% over 5 yrs (up)
Imports
= $1,438 M74.7% over 5 yrs (up)
Trade balancedeficit
= −$977 M
Total trade
= $1,899 M72.5% over 5 yrs (up)
- World position
- #167 of 225 exporters · bottom half · #173 of 225 importers · bottom half · 2024
- World export share since 1995
- ±0.0 pp
Trade timeline
Bhutan's exports grew from $45M in 1995 to $461M in 2024; the 2024 balance was −$977M.
Loading trade timeline…
View timeline table
| Year | Exports ($M) | Imports ($M) | Balance ($M) | Total ($M) |
|---|---|---|---|---|
| 1995 | $45 M | $28 M | $18 M | $73 M |
| 1996 | $41 M | $31 M | $9 M | $72 M |
| 1997 | $23 M | $42 M | −$19 M | $65 M |
| 1998 | $100 M | $138 M | −$38 M | $238 M |
| 1999 | $102 M | $183 M | −$81 M | $285 M |
| 2000 | $24 M | $28 M | −$4 M | $52 M |
| 2001 | $29 M | $29 M | $1 M | $58 M |
| 2002 | $31 M | $45 M | −$14 M | $76 M |
| 2003 | $57 M | $116 M | −$59 M | $173 M |
| 2004 | $54 M | $231 M | −$177 M | $285 M |
| 2005 | $288 M | $381 M | −$93 M | $668 M |
| 2006 | $478 M | $376 M | $101 M | $854 M |
| 2007 | $816 M | $439 M | $377 M | $1,254 M |
| 2008 | $687 M | $460 M | $227 M | $1,147 M |
| 2009 | $438 M | $458 M | −$20 M | $896 M |
| 2010 | $340 M | $706 M | −$366 M | $1,046 M |
| 2011 | $407 M | $859 M | −$452 M | $1,266 M |
| 2012 | $473 M | $821 M | −$348 M | $1,294 M |
| 2013 | $155 M | $253 M | −$98 M | $408 M |
| 2014 | $177 M | $239 M | −$62 M | $415 M |
| 2015 | $267 M | $471 M | −$204 M | $739 M |
| 2016 | $146 M | $458 M | −$313 M | $604 M |
| 2017 | $239 M | $554 M | −$315 M | $793 M |
| 2018 | $317 M | $758 M | −$441 M | $1,075 M |
| 2019 | $278 M | $823 M | −$545 M | $1,101 M |
| 2020 | $203 M | $829 M | −$627 M | $1,032 M |
| 2021 | $370 M | $1,122 M | −$753 M | $1,492 M |
| 2022 | $396 M | $1,354 M | −$959 M | $1,750 M |
| 2023 | $456 M | $1,201 M | −$745 M | $1,657 M |
| 2024 | $461 M | $1,438 M | −$977 M | $1,899 M |
Trading partners
India was Bhutan's top trading partner in 2024, at 84.7% of total trade; the top five partners covered 97.1%.
- Top partner share
- 84.7%
- Top-5 share
- 97.1%
- Partners
- 79
- Partner HHI (0–1)
- 0.723
Loading world basemap…
View partner table
| Rank | Partner | Exports to ($M) | Imports from ($M) | Total ($M) | Balance ($M) |
|---|---|---|---|---|---|
| #1 | India | $436 M | $1,173 M | $1,609 M | −$737 M |
| #2 | Singapore | $3 M | $115 M | $118 M | −$111 M |
| #3 | China | $0 M | $69 M | $69 M | −$69 M |
| #4 | Hong Kong | $0 M | $30 M | $30 M | −$30 M |
| #5 | South Korea | $13 M | $6 M | $19 M | $7 M |
| #6 | Thailand | $0 M | $13 M | $13 M | −$13 M |
| #7 | United States | $3 M | $3 M | $7 M | $0 M |
| #8 | Japan | $1 M | $5 M | $5 M | −$4 M |
| #9 | Austria | $0 M | $4 M | $5 M | −$4 M |
| #10 | Brazil | $1 M | $3 M | $4 M | −$2 M |
| #11 | United Kingdom | $0 M | $3 M | $3 M | −$3 M |
| #12 | France | $0 M | $2 M | $2 M | −$2 M |
| #13 | Germany | $0 M | $1 M | $2 M | −$1 M |
| #14 | Switzerland | $0 M | $2 M | $2 M | −$1 M |
| #15 | Norway | $0 M | $1 M | $1 M | −$1 M |
Products & sectors
Product composition of Bhutan's trade in 2024.
Loading product detail for 2024 (large file, fetched on demand)…
View product table
The product table loads with the product data for 2024.
Concentration & risk
Bhutan's export partners concentrated over 1995–2024 — HHI 0.605 → 0.894, a concentrated export base across 72 partners in 2024.
Loading concentration trends…
View concentration table
| Year | Export HHI | Import HHI | Export partners | Import partners |
|---|---|---|---|---|
| 1995 | 0.605 | 0.222 | 32 | 31 |
| 1996 | 0.683 | 0.418 | 30 | 32 |
| 1997 | 0.411 | 0.353 | 46 | 28 |
| 1998 | 0.810 | 0.392 | 38 | 40 |
| 1999 | 0.832 | 0.466 | 31 | 37 |
| 2000 | 0.582 | 0.124 | 45 | 43 |
| 2001 | 0.644 | 0.128 | 53 | 40 |
| 2002 | 0.649 | 0.287 | 45 | 44 |
| 2003 | 0.815 | 0.494 | 46 | 47 |
| 2004 | 0.856 | 0.328 | 51 | 45 |
| 2005 | 0.723 | 0.446 | 58 | 53 |
| 2006 | 0.532 | 0.368 | 63 | 58 |
| 2007 | 0.599 | 0.424 | 69 | 57 |
| 2008 | 0.904 | 0.422 | 80 | 59 |
| 2009 | 0.825 | 0.495 | 72 | 55 |
| 2010 | 0.574 | 0.400 | 68 | 65 |
| 2011 | 0.499 | 0.400 | 65 | 57 |
| 2012 | 0.793 | 0.471 | 66 | 71 |
| 2013 | 0.781 | 0.368 | 67 | 48 |
| 2014 | 0.675 | 0.538 | 62 | 45 |
| 2015 | 0.556 | 0.519 | 67 | 53 |
| 2016 | 0.766 | 0.663 | 65 | 52 |
| 2017 | 0.754 | 0.537 | 70 | 55 |
| 2018 | 0.644 | 0.745 | 65 | 48 |
| 2019 | 0.806 | 0.715 | 81 | 50 |
| 2020 | 0.828 | 0.578 | 69 | 52 |
| 2021 | 0.867 | 0.611 | 75 | 50 |
| 2022 | 0.755 | 0.579 | 76 | 52 |
| 2023 | 0.853 | 0.674 | 77 | 45 |
| 2024 | 0.894 | 0.675 | 72 | 49 |
Downloads
The exact artifacts behind this page, as published: