Merchandise exports by the reporting economy in Bhutan

Bhutan: Merchandise exports by the reporting economy was 703.02 million current US$ in 2023. ◆ Volatile

Latest (2023)
703.02 million current US$
Change on year
up 8.0%
World rank
159th
of 204 countries
All-time high
703.02 million current US$
in 2023
All-time low
14.66 million current US$
in 2000
Years of data
24
2000–2023

Merchandise exports by the reporting economy in Bhutan, 2000–2023

0200.0M400.0M600.0M800.0M2000201120232000: 14.7M current US$2001: 21.4M current US$2002: 16.7M current US$2003: 17.4M current US$2004: 49.9M current US$2005: 258.7M current US$2006: 414.3M current US$2007: 675.5M current US$2008: 522.1M current US$2009: 496.2M current US$2010: 413.8M current US$2011: 453.2M current US$2012: 531.8M current US$2013: 456.7M current US$2014: 487.8M current US$2015: 686.0M current US$2016: 500.5M current US$2017: 469.0M current US$2018: 545.2M current US$2019: 517.9M current US$2020: 447.9M current US$2021: 669.3M current US$2022: 651.0M current US$2023: 703.0M current US$

Source: Staff estimates, World Bank (WB). Measured in current US$.

Analysis

Bhutan recorded 703.02 million current US$ for merchandise exports by the reporting economy in 2023. That is the highest value across all 24 years on record.

That represents a change of up 8.0% on the previous year and up 53.9% over ten years.

Over the whole period, merchandise exports by the reporting economy in Bhutan peaked at 703.02 million current US$ in 2023 and was at its lowest, 14.66 million current US$, in 2000.

That places Bhutan 159th out of 204 countries with data for 2023, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 248.68 million current US$ 14.66 million current US$ 675.55 million current US$ 10
2010s 506.20 million current US$ 413.76 million current US$ 685.95 million current US$ 10
2020s 617.81 million current US$ 447.94 million current US$ 703.02 million current US$ 4

Countries ranked near Bhutan

  1. 156 Marshall Islands 952.80 million current US$ compare
  2. 157 Cuba 853.94 million current US$ compare
  3. 158 Fiji 732.24 million current US$ compare
  4. 160 Montenegro 689.83 million current US$ compare
  5. 161 South Sudan 652.23 million current US$ compare
  6. 162 Seychelles 548.98 million current US$ compare

See the full ranking of 252 places →

More private sector data for Bhutan

All data for Bhutan →

Frequently asked questions

What is merchandise exports by the reporting economy in Bhutan?
Merchandise exports by the reporting economy in Bhutan was 703.02 million current US$ in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise exports by the reporting economy recorded in Bhutan?
The highest recorded value was 703.02 million current US$ in 2023.
What is the lowest merchandise exports by the reporting economy recorded in Bhutan?
The lowest recorded value was 14.66 million current US$ in 2000.
How does Bhutan rank for merchandise exports by the reporting economy?
Bhutan ranks 159th out of 204 countries with data for 2023.
Is merchandise exports by the reporting economy rising or falling in Bhutan?
Over the last ten years it is up 53.9%. The long-run trend across the full record is volatile.
Where does this Bhutan data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports by the reporting economy (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Merchandise exports by the reporting economy (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
252 places, 13,472 data points, 1960–2023
Last refreshed

Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.