Goods imports in Bhutan
Bhutan: Goods imports was 1.28 billion BoP, current US$ in 2024. ▲ Rising
Goods imports in Bhutan, 2006–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Bhutan recorded 1.28 billion BoP, current US$ for goods imports in 2024.
The figure is down 11.6% on the previous year and up 38.3% over ten years.
Over the whole period, goods imports in Bhutan peaked at 1.45 billion BoP, current US$ in 2023 and was at its lowest, 434.88 million BoP, current US$, in 2006.
Bhutan ranks 170th of 199 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 540.04 million BoP, current US$ | 434.88 million BoP, current US$ | 644.94 million BoP, current US$ | 4 |
| 2010s | 988.20 million BoP, current US$ | 795.02 million BoP, current US$ | 1.13 billion BoP, current US$ | 10 |
| 2020s | 1.19 billion BoP, current US$ | 890.36 million BoP, current US$ | 1.45 billion BoP, current US$ | 5 |
Countries ranked near Bhutan
- 167 Seychelles 1.38 billion BoP, current US$ compare
- 168 Belize 1.38 billion BoP, current US$ compare
- 169 Cape Verde 1.29 billion BoP, current US$ compare
- 171 Bermuda 1.22 billion BoP, current US$ compare
- 172 Sint Maarten (Dutch part) 1.16 billion BoP, current US$ compare
- 173 Burundi 1.10 billion BoP, current US$ compare
More economy & growth data for Bhutan
- Gross fixed capital formation 5.7% (2024)
- Exports of goods and services 1.01 billion constant 2015 US$ (2024)
- Exports of goods and services 19.3% (2024)
- Exports of goods and services 31.5% (2024)
- Gross value added at basic prices (GVA) 272.56 billion current LCU (2024)
- Gross value added at basic prices (GVA) 3.26 billion current US$ (2024)
- Gross fixed capital formation 1.41 billion current US$ (2024)
- Gross fixed capital formation 118.01 billion current LCU (2024)
- Gross fixed capital formation 1.37 billion constant 2015 US$ (2024)
- Gross capital formation 1.43 billion current US$ (2024)
Frequently asked questions
- What is goods imports in Bhutan?
- Goods imports in Bhutan was 1.28 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods imports recorded in Bhutan?
- The highest recorded value was 1.45 billion BoP, current US$ in 2023.
- What is the lowest goods imports recorded in Bhutan?
- The lowest recorded value was 434.88 million BoP, current US$ in 2006.
- How does Bhutan rank for goods imports?
- Bhutan ranks 170th out of 199 countries with data for 2024.
- Is goods imports rising or falling in Bhutan?
- Over the last ten years it is up 38.3%. The long-run trend across the full record is rising.
- Where does this Bhutan data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods imports (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Imports of goods occur when there are changes in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.