Goods exports (BoP, current US$) in Bhutan
Bhutan: Goods exports (BoP, current US$) was 660.06 million BoP, current US$ in 2024. ▲ Rising
Goods exports in Bhutan, 2006–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Bhutan recorded 660.06 million BoP, current US$ for goods exports in 2024.
That represents a change of down 3.9% on the previous year and up 23.5% over ten years.
Over the whole period, goods exports in Bhutan peaked at 769.43 million BoP, current US$ in 2022 and was at its lowest, 312.02 million BoP, current US$, in 2006.
Bhutan ranks 161st of 200 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Goods exports (BoP, current US$) in Bhutan, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2006 | 312.02 million BoP, current US$ | — |
| 2007 | 576.55 million BoP, current US$ | +84.8% |
| 2008 | 598.87 million BoP, current US$ | +3.9% |
| 2009 | 517.95 million BoP, current US$ | -13.5% |
| 2010 | 521.65 million BoP, current US$ | +0.7% |
| 2011 | 663.69 million BoP, current US$ | +27.2% |
| 2012 | 626.88 million BoP, current US$ | -5.5% |
| 2013 | 544.47 million BoP, current US$ | -13.1% |
| 2014 | 534.67 million BoP, current US$ | -1.8% |
| 2015 | 581.54 million BoP, current US$ | +8.8% |
| 2016 | 496.55 million BoP, current US$ | -14.6% |
| 2017 | 554.62 million BoP, current US$ | +11.7% |
| 2018 | 602.75 million BoP, current US$ | +8.7% |
| 2019 | 609.34 million BoP, current US$ | +1.1% |
| 2020 | 651.94 million BoP, current US$ | +7.0% |
| 2021 | 719.36 million BoP, current US$ | +10.3% |
| 2022 | 769.43 million BoP, current US$ | +7.0% |
| 2023 | 686.91 million BoP, current US$ | -10.7% |
| 2024 | 660.06 million BoP, current US$ | -3.9% |
Bhutan compared with similar countries
- Bhutan's 660.06 million BoP, current US$ is below the median for lower middle income countries, which is 6.88 billion BoP, current US$, 10% of the median. (47 countries reporting)
- Bhutan's 660.06 million BoP, current US$ is below the median for South Asia, which is 8.08 billion BoP, current US$, 8% of the median. (6 countries reporting)
Biggest year-on-year movements
Years where Goods exports (BoP, current US$) in Bhutan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +84.8% | 312.02 million BoP, current US$ | 576.55 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 501.35 million BoP, current US$ | 312.02 million BoP, current US$ | 598.87 million BoP, current US$ | 4 |
| 2010s | 573.62 million BoP, current US$ | 496.55 million BoP, current US$ | 663.69 million BoP, current US$ | 10 |
| 2020s | 697.54 million BoP, current US$ | 651.94 million BoP, current US$ | 769.43 million BoP, current US$ | 5 |
Countries ranked near Bhutan
- 158 Haiti 766.91 million BoP, current US$ compare
- 159 Barbados 705.06 million BoP, current US$ compare
- 160 Montenegro 663.37 million BoP, current US$ compare
- 162 Seychelles 574.62 million BoP, current US$ compare
- 163 Curacao 560.19 million BoP, current US$ compare
- 164 Solomon Islands 510.24 million BoP, current US$ compare
More economy & growth data for Bhutan
- Real gdp growth, annual growth rate 24.04 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.62 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.01 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 45.07 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5765 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0073 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 32.91 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is goods exports in Bhutan?
- Goods exports in Bhutan was 660.06 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods exports recorded in Bhutan?
- The highest recorded value was 769.43 million BoP, current US$ in 2022.
- What is the lowest goods exports recorded in Bhutan?
- The lowest recorded value was 312.02 million BoP, current US$ in 2006.
- How does Bhutan rank for goods exports?
- Bhutan ranks 161st out of 200 countries with data for 2024.
- Is goods exports rising or falling in Bhutan?
- Over the last ten years it is up 23.5%. The long-run trend across the full record is rising.
- Where does this Bhutan data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods exports (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Exports of goods occur when there are 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. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.