Balance of trade in goods and services rose 21.1% to BTN -62.1 bil in Bhutan in 2023, according to the National Statistical Office.
Historically, balance of trade in goods and services in Bhutan reached an all time high of BTN -0.257 bil in 1980 and an all time low of BTN -78.8 bil in 2022. When compared to Bhutan's main peers, balance of trade in goods and services in Bangladesh amounted to BDT -2,097 bil, CNY 2,718 bil in China, INR -6,312 bil in India and NPR -1,479 bil in Nepal in 2023.
Bhutan has been ranked 101st within the group of 157 countries we follow in terms of balance of trade in goods and services.
Balance of Trade In Goods and Services (Local Currency) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Bangladesh | BDT bil | -1,891 | -1,590 | -1,708 | -2,259 | -3,184 | ||||||||||||||||
Bhutan | BTN bil | -37.7 | -25.4 | -28.6 | -39.3 | -78.8 | ... | |||||||||||||||
China | CNY bil | 605 | 917 | 2,451 | 2,972 | 3,893 | ||||||||||||||||
India | INR bil | -7,109 | -5,180 | -781 | -6,194 | -9,606 | ||||||||||||||||
Japan | JPY bil | 111 | -1,614 | -1,451 | -2,876 | -20,852 | ... | |||||||||||||||
Myanmar | MMK bil | -5,316 | 95.3 | 2,481 | 3,375 | ... | ... | ... | ||||||||||||||
Nepal | NPR bil | -1,134 | -1,300 | -1,062 | -1,428 | -1,770 | ||||||||||||||||
Pakistan | PKR bil | -4,100 | -4,434 | -3,860 | -4,985 | -7,966 | ||||||||||||||||
Russia | RUB bil | 10,392 | 8,372 | 5,466 | 12,690 | 19,865 | ||||||||||||||||
Sri Lanka | SKR bil | -1,062 | -919 | -966 | -1,301 | -857 | ||||||||||||||||
USA | UYU bil | -593 | -577 | -626 | -860 | -959 |