In 2012, the value of merchandise exports of Bhutan increased substantially by 17.3 percent to reach 531.2 mln US$, while its merchandise imports decreased moderately by 5.7 percent to reach 991.7 mln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a large deficit of 460.5 mln US$ (see graph 1). The largest merchandise trade balance was with MDG Southern Asia at -273.9 mln US$ (see graph 4). Merchandise exports in Bhutan were highly concentrated amongst partners; imports were also highly concentrated. The top 1 partner accounted for 80 percent or more of exports and 2 partners accounted for 80 percent or more of imports (see graph 5). In 2013, the value of exports of services of Bhutan decreased substantially by 42.4 percent, reaching 73.8 mln US$, while its imports of services decreased substantially by 46.7 percent and reached 100.9 mln US$ (see graph 2). There was a moderate trade in services deficit of 27.2 mln US$.

Related Subject(s): International Trade and Finance
Countries: Bhutan
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