Bhutan recorded a trade deficit of 8687.50 BTN Million in the second quarter of 2019. Balance of Trade in Bhutan averaged -5905.12 BTN Million from 1991 until 2019, reaching an all time high of 3469.80 BTN Million in the fourth quarter of 2007 and a record low of -20835.30 BTN Million in the fourth quarter of 2011.

Balance of Trade in Bhutan is expected to be -5000.00 BTN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Bhutan to stand at -5000.00 in 12 months time. In the long-term, the Bhutan Balance of Trade is projected to trend around -9000.00 BTN Million in 2020, according to our econometric models.

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Bhutan Balance of Trade
Bhutan Trade Last Previous Highest Lowest Unit
Balance of Trade -8687.50 -9053.70 3469.80 -20835.30 BTN Million [+]
Current Account -31306.95 -36142.83 3707.50 -41436.09 BTN Million [+]
Current Account to GDP -18.20 -24.44 15.80 -33.10 percent [+]
Exports 8571.50 5752.60 30997.40 1129.60 BTN Million [+]
Imports 17259.00 14806.30 50995.40 1254.90 BTN Million [+]
Tourism Revenues 3.40 2.60 17.30 0.50 USD Million [+]
Terrorism Index 0.01 0.02 2.76 0.00 [+]
Tourist Arrivals 3411.00 2419.00 11277.00 459.00 [+]
Foreign Direct Investment 2773.80 715.00 2773.80 -947.10 BTN Million [+]
External Debt 2642.10 2505.40 2642.10 405.50 USD Million [+]


Bhutan Balance of Trade

Recent hydroelectric projects have narrowed Bhutan’s trade deficit. Bhutan mainly exports electricity, metals, chemical products, food, wood and rubber. Bhutan mainly imports oil and fuels, base metals, machinery and electrical appliances, vehicles, wood and food. Bhutan's main trading partner is India, accounting for 90 percent of foreign trade. Other partners include Hong Kong, South Korea, Thailand, Singapore, Bangladesh and Japan. This page provides - Bhutan Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bhutan Balance of Trade - actual data, historical chart and calendar of releases - was last updated on December of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-8687.50 -9053.70 3469.80 -20835.30 1991 - 2019 BTN Million Quarterly




Country Last Previous
Argentina 1768.00 Oct/19 1744
Australia 4502.00 Oct/19 6847
Brazil 3428.00 Nov/19 1206
Canada -1078.50 Oct/19 -1229
China 387.27 Nov/19 425
Euro Area 18653.90 Sep/19 14277
France -4730.00 Oct/19 -5418
Germany 21508.00 Oct/19 21207
India -11010.00 Oct/19 -10860
Indonesia 161.30 Oct/19 -164
Italy 2779.30 Sep/19 2598
Japan 17.27 Oct/19 -125
Mexico -726.62 Oct/19 -116
Netherlands 5310.00 Sep/19 3807
Russia 14150.00 Sep/19 12010
Saudi Arabia 127500.00 Jun/19 131654
Singapore 3783.84 Oct/19 3832
South Africa 3092.84 Oct/19 4533
South Korea 3370.00 Nov/19 5393
Spain -4262520.00 Sep/19 -3984934
Switzerland 2389.21 Oct/19 3046
Turkey -1808.39 Oct/19 -2070
United Kingdom -5188.00 Oct/19 -1922
United States -47199.00 Oct/19 -51100


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