Bhutan recorded a trade deficit of 13149.73 BTN Million in the second quarter of 2024. Balance of Trade in Bhutan averaged -6339.71 BTN Million from 1991 until 2024, reaching an all time high of 7121.91 BTN Million in the third quarter of 2020 and a record low of -19284.03 BTN Million in the second quarter of 2022. source: Royal Monetary Authority of Bhutan

Related	Last	Previous	Unit	Reference
Balance of Trade	-13149.73	-15629.04	BTN Million	Jun 2024
Current Account	-81677.20	-60737.00	BTN Million	Dec 2022
Current Account to GDP	-33.30	-27.80	percent of GDP	Dec 2023
Exports	14424.94	9532.67	BTN Million	Jun 2024
External Debt	3213.00	3162.82	USD Million	Dec 2022
Foreign Direct Investment	559.74	559.74	BTN Million	Jun 2024
Imports	27574.68	25161.71	BTN Million	Jun 2024

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.