Exports of goods and services in Bhutan
Bhutan: Exports of goods and services was 31.5% in 2024. ▲ Rising
Exports of goods and services in Bhutan, 1980–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
In 2024, exports of goods and services in Bhutan stood at 31.5%.
That represents a change of up 10.9% on the previous year and down 7.9% over ten years.
Over the whole period, exports of goods and services in Bhutan peaked at 52.4% in 2007 and was at its lowest, 12.7%, in 1983.
That places Bhutan 115th out of 193 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 45 years of available data.
Exports of goods and services in Bhutan, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 14.4% | — |
| 1981 | 16.2% | +13.0% |
| 1982 | 14.4% | -11.2% |
| 1983 | 12.7% | -11.7% |
| 1984 | 13.6% | +7.0% |
| 1985 | 15.8% | +15.9% |
| 1986 | 18.6% | +17.4% |
| 1987 | 24.6% | +32.3% |
| 1988 | 29.3% | +19.2% |
| 1989 | 29.2% | -0.1% |
| 1990 | 28.0% | -4.4% |
| 1991 | 33.5% | +19.7% |
| 1992 | 33.4% | -0.2% |
| 1993 | 32.9% | -1.6% |
| 1994 | 30.9% | -6.0% |
| 1995 | 39.4% | +27.6% |
| 1996 | 37.0% | -6.1% |
| 1997 | 37.3% | +0.8% |
| 1998 | 34.3% | -8.0% |
| 1999 | 32.7% | -4.9% |
| 2000 | 28.0% | -14.3% |
| 2001 | 25.2% | -9.9% |
| 2002 | 22.9% | -9.2% |
| 2003 | 24.4% | +6.3% |
| 2004 | 29.7% | +21.7% |
| 2005 | 36.4% | +22.8% |
| 2006 | 51.8% | +42.3% |
| 2007 | 52.4% | +1.1% |
| 2008 | 46.6% | -11.0% |
| 2009 | 42.5% | -8.9% |
| 2010 | 39.4% | -7.3% |
| 2011 | 37.9% | -3.7% |
| 2012 | 35.8% | -5.6% |
| 2013 | 37.4% | +4.6% |
| 2014 | 34.2% | -8.7% |
| 2015 | 31.5% | -7.8% |
| 2016 | 27.1% | -14.0% |
| 2017 | 28.4% | +4.9% |
| 2018 | 29.2% | +2.6% |
| 2019 | 31.5% | +7.8% |
| 2020 | 28.1% | -10.8% |
| 2021 | 29.2% | +4.0% |
| 2022 | 25.5% | -12.7% |
| 2023 | 28.4% | +11.3% |
| 2024 | 31.5% | +10.9% |
Bhutan compared with similar countries
- Bhutan's 31.5% is above the median for lower middle income countries, which is 24.6%, 1.3× the median. (45 countries reporting)
- Bhutan's 31.5% is above the median for South Asia, which is 20.6%, 1.5× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 18.9% | 12.7% | 29.3% | 10 |
| 1990s | 33.9% | 28.0% | 39.4% | 10 |
| 2000s | 36.0% | 22.9% | 52.4% | 10 |
| 2010s | 33.2% | 27.1% | 39.4% | 10 |
| 2020s | 28.5% | 25.5% | 31.5% | 5 |
Countries ranked near Bhutan
- 112 Botswana 32.0% compare
- 113 Republic of Moldova 31.8% compare
- 114 Kazakhstan 31.6% compare
- 116 Ecuador 31.4% compare
- 117 South Africa 31.4% compare
- 118 Canada 31.3% compare
More economy & growth data for Bhutan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.5 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.11 Percent per annum (2029)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 2.82 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -72.36 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0008 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 3.56 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 26.59 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.3328 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 1,495 includes gold, current US$ per person (2025)
- Total reserves minus gold (current US$), annual growth rate 24.21 % change on previous year (2025)
Frequently asked questions
- What is exports of goods and services in Bhutan?
- Exports of goods and services in Bhutan was 31.5% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest exports of goods and services recorded in Bhutan?
- The highest recorded value was 52.4% in 2007.
- What is the lowest exports of goods and services recorded in Bhutan?
- The lowest recorded value was 12.7% in 1983.
- How does Bhutan rank for exports of goods and services?
- Bhutan ranks 115th out of 193 countries with data for 2024.
- Is exports of goods and services rising or falling in Bhutan?
- Over the last ten years it is down 7.9%. The long-run trend across the full record is rising.
- Where does this Bhutan data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Exports of goods and services (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.