Goods imports (BoP, current US$) in Bhutan
Bhutan: Goods imports (BoP, current US$) was 1.28 billion BoP, current US$ in 2024. ▲ Rising
Goods imports in Bhutan, 2006–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Bhutan recorded 1.28 billion BoP, current US$ for goods imports in 2024.
The figure is down 11.6% on the previous year and up 38.3% over ten years.
Over the whole period, goods imports in Bhutan peaked at 1.45 billion BoP, current US$ in 2023 and was at its lowest, 434.88 million BoP, current US$, in 2006.
Bhutan ranks 171st of 200 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Goods imports (BoP, current US$) in Bhutan, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2006 | 434.88 million BoP, current US$ | — |
| 2007 | 496.90 million BoP, current US$ | +14.3% |
| 2008 | 644.94 million BoP, current US$ | +29.8% |
| 2009 | 583.45 million BoP, current US$ | -9.5% |
| 2010 | 795.02 million BoP, current US$ | +36.3% |
| 2011 | 1.13 billion BoP, current US$ | +41.9% |
| 2012 | 1.01 billion BoP, current US$ | -10.2% |
| 2013 | 923.48 million BoP, current US$ | -8.8% |
| 2014 | 928.83 million BoP, current US$ | +0.6% |
| 2015 | 1.01 billion BoP, current US$ | +8.6% |
| 2016 | 1.03 billion BoP, current US$ | +2.1% |
| 2017 | 1.03 billion BoP, current US$ | -0.5% |
| 2018 | 1.02 billion BoP, current US$ | -0.5% |
| 2019 | 1.01 billion BoP, current US$ | -1.0% |
| 2020 | 962.96 million BoP, current US$ | -4.7% |
| 2021 | 890.36 million BoP, current US$ | -7.5% |
| 2022 | 1.37 billion BoP, current US$ | +54.1% |
| 2023 | 1.45 billion BoP, current US$ | +6.0% |
| 2024 | 1.28 billion BoP, current US$ | -11.6% |
Bhutan compared with similar countries
- Bhutan's 1.28 billion BoP, current US$ is below the median for lower middle income countries, which is 10.13 billion BoP, current US$, 13% of the median. (47 countries reporting)
- Bhutan's 1.28 billion BoP, current US$ is below the median for South Asia, which is 17.45 billion BoP, current US$, 7% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 540.04 million BoP, current US$ | 434.88 million BoP, current US$ | 644.94 million BoP, current US$ | 4 |
| 2010s | 988.20 million BoP, current US$ | 795.02 million BoP, current US$ | 1.13 billion BoP, current US$ | 10 |
| 2020s | 1.19 billion BoP, current US$ | 890.36 million BoP, current US$ | 1.45 billion BoP, current US$ | 5 |
Countries ranked near Bhutan
- 168 Belize 1.38 billion BoP, current US$ compare
- 169 Gambia 1.37 billion BoP, current US$ compare
- 170 Cape Verde 1.29 billion BoP, current US$ compare
- 172 Bermuda 1.28 billion BoP, current US$ compare
- 173 Sint Maarten (Dutch part) 1.16 billion BoP, current US$ compare
- 174 Burundi 1.10 billion 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 imports in Bhutan?
- Goods imports in Bhutan was 1.28 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods imports recorded in Bhutan?
- The highest recorded value was 1.45 billion BoP, current US$ in 2023.
- What is the lowest goods imports recorded in Bhutan?
- The lowest recorded value was 434.88 million BoP, current US$ in 2006.
- How does Bhutan rank for goods imports?
- Bhutan ranks 171st out of 200 countries with data for 2024.
- Is goods imports rising or falling in Bhutan?
- Over the last ten years it is up 38.3%. 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 imports (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
Imports of goods occur when there are changes in the economic ownership of goods from non-residents to residents of the compiling economy, 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.