Bhutan

In 2011, the value of merchandise exports of Bhutan increased moderately by 9.5 percent to reach 453.0 mln US$, while its merchandise imports increased substantially by 23.2 percent to reach 1.1 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a relatively large deficit of 598.8 mln US$ (see graph 1). The largest merchandise trade balance was with MDG Southern Asia at -395.8 mln US$ (see graph 4). Merchandise exports in Bhutan were highly concentrated amongst partners; imports were also highly concentrated. The top 2 partners accounted for 80 percent or more of exports and 3 partners accounted for 80 percent or more of imports (see graph 5). In 2012, the value of exports of services of Bhutan increased substantially by 20.4 percent, reaching 96.1 mln US$, while its imports of services increased substantially by 16.7 percent and reached 132.6 mln US$ (see graph 2). There was a moderate trade in services deficit of 36.4 mln US$.

Related Subject(s): International Trade and Finance

Countries: Bhutan