Net trade in goods and services in Bhutan
Bhutan: Net trade in goods and services was -564.35 million BoP, current US$ in 2024. ◆ Volatile
Net trade in goods and services in Bhutan, 2006–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net trade in goods and services in Bhutan stood at -564.35 million BoP, current US$.
That represents a change of up 41.4% on the previous year and down 22.9% over ten years.
Over the whole period, net trade in goods and services in Bhutan peaked at 50.40 million BoP, current US$ in 2007 and was at its lowest, -962.83 million BoP, current US$, in 2023.
That places Bhutan 113th out of 199 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -76.29 million BoP, current US$ | -135.67 million BoP, current US$ | 50.40 million BoP, current US$ | 4 |
| 2010s | -480.02 million BoP, current US$ | -594.97 million BoP, current US$ | -344.76 million BoP, current US$ | 10 |
| 2020s | -601.19 million BoP, current US$ | -962.83 million BoP, current US$ | -287.00 million BoP, current US$ | 5 |
Countries ranked near Bhutan
- 110 Liberia -412.26 million BoP, current US$ compare
- 111 Vanuatu -427.26 million BoP, current US$ compare
- 112 Burkina Faso -547.37 million BoP, current US$ compare
- 114 Fiji -604.27 million BoP, current US$ compare
- 115 Curaçao -657.75 million BoP, current US$ compare
- 116 Togo -667.63 million BoP, current US$ 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)
- Taxes less subsidies on products (current US$), annual growth rate 5.02 % change on previous year (2024)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0266 current US$ per US$ of GDP (2024)
- Taxes less subsidies on products (current US$), per capita 112.4 current US$ per person (2024)
- Taxes less subsidies on products (current LCU), annual growth rate 6.38 % change on previous year (2024)
- Taxes less subsidies on products (current LCU), per unit of GDP 2.22 current LCU per US$ of GDP (2024)
- Taxes less subsidies on products (current LCU), per capita 9,404 current LCU per person (2024)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0081 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 123.14 (2025)
Frequently asked questions
- What is net trade in goods and services in Bhutan?
- Net trade in goods and services in Bhutan was -564.35 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Bhutan?
- The highest recorded value was 50.40 million BoP, current US$ in 2007.
- What is the lowest net trade in goods and services recorded in Bhutan?
- The lowest recorded value was -962.83 million BoP, current US$ in 2023.
- How does Bhutan rank for net trade in goods and services?
- Bhutan ranks 113th out of 199 countries with data for 2024.
- Is net trade in goods and services rising or falling in Bhutan?
- Over the last ten years it is down 22.9%. The long-run trend across the full record is volatile.
- 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 Net trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. 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.