Bhutan recorded a trade deficit of 9612.77 BTN Million in the first quarter of 2021. source: Royal Monetary Authority of Bhutan

Balance of Trade in Bhutan averaged -5098.85 BTN Million from 1991 until 2021, reaching an all time high of 7121.91 BTN Million in the third quarter of 2020 and a record low of -12992.83 BTN Million in the first quarter of 2020. 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 September of 2021.

Balance of Trade in Bhutan is expected to be -9000.00 BTN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bhutan Balance of Trade is projected to trend around -9000.00 BTN Million in 2022, according to our econometric models.

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Bhutan Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-9612.77 -5286.51 7121.91 -12992.83 1991 - 2021 BTN Million Quarterly

Bhutan Trade Last Previous Highest Lowest Unit
Balance of Trade -9612.77 -5286.51 7121.91 -12992.83 BTN Million [+]
Current Account -21789.50 -35430.20 3707.50 -41367.30 BTN Million [+]
Current Account to GDP -11.40 -12.20 15.80 -32.40 percent of GDP [+]
Imports 18943.10 17379.19 28980.00 1254.90 BTN Million [+]
Exports 9330.34 12092.68 25333.80 1129.60 BTN Million [+]
Tourism Revenues 0.00 0.00 17.30 0.00 USD Million [+]
Tourist Arrivals 0.00 0.00 11277.00 0.00 [+]
Terrorism Index 0.00 0.01 2.76 0.00 [+]
Foreign Direct Investment 42.37 157.91 861.70 -947.10 BTN Million [+]
External Debt 2989.70 2872.70 2989.70 405.50 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.