Bhutan recorded a trade deficit of 8927.70 BTN Million in the second quarter of 2019.

Balance of Trade in Bhutan averaged -5217.75 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 -12698.10 BTN Million in the fourth quarter of 2015. This page provides - Bhutan Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bhutan Balance of Trade - values, historical data and charts - was last updated on October of 2020.

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 -9000.00 in 12 months time. In the long-term, the Bhutan Balance of Trade is projected to trend around -9000.00 BTN Million in 2021, according to our econometric models.

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Bhutan Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-8927.70 -8958.00 3469.80 -12698.10 1991 - 2019 BTN Million Quarterly

Bhutan Trade Last Previous Highest Lowest Unit
Balance of Trade -8927.70 -8958.00 3469.80 -12698.10 BTN Million [+]
Current Account -39677.40 -31306.95 3707.50 -41436.09 BTN Million [+]
Current Account to GDP -23.71 -19.50 15.80 -32.40 percent [+]
Exports 8571.50 5751.70 25333.80 1129.60 BTN Million [+]
Imports 17499.20 14709.70 28980.00 1254.90 BTN Million [+]
Tourism Revenues 3.12 2.40 17.30 0.50 USD Million [+]
Tourist Arrivals 2135.00 2329.00 11277.00 459.00 [+]
Terrorism Index 0.01 0.02 2.76 0.00 [+]
External Debt 2728.40 2642.10 2728.40 405.50 USD Million [+]
Foreign Direct Investment -72.70 715.00 861.70 -947.10 BTN 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.