Merchandise exports to high-income economies in Bhutan
Bhutan: Merchandise exports to high-income economies was 3.2% in 2023. ◆ Volatile
Merchandise exports to high-income economies in Bhutan, 2000–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Bhutan recorded 3.2% for merchandise exports to high-income economies in 2023.
That represents a change of down 20.9% on the previous year and up 30.9% over ten years.
Over the whole period, merchandise exports to high-income economies in Bhutan peaked at 19.2% in 2000 and was at its lowest, 1.1%, in 2016.
Bhutan ranks 203rd of 206 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports to high-income economies in Bhutan, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 2000 | 19.2% | — |
| 2001 | 14.7% | -23.3% |
| 2002 | 13.7% | -7.1% |
| 2003 | 12.2% | -10.6% |
| 2004 | 14.3% | +17.0% |
| 2005 | 6.8% | -52.3% |
| 2006 | 18.5% | +171.3% |
| 2007 | 12.6% | -31.7% |
| 2008 | 1.1% | -91.0% |
| 2009 | 3.0% | +161.0% |
| 2010 | 12.5% | +323.4% |
| 2011 | 18.0% | +43.6% |
| 2012 | 1.7% | -90.4% |
| 2013 | 2.5% | +42.9% |
| 2014 | 2.5% | +2.5% |
| 2015 | 4.6% | +81.7% |
| 2016 | 1.1% | -77.0% |
| 2017 | 3.3% | +208.7% |
| 2018 | 5.2% | +57.6% |
| 2019 | 2.2% | -57.6% |
| 2020 | 1.6% | -28.2% |
| 2021 | 1.3% | -19.7% |
| 2022 | 4.1% | +224.8% |
| 2023 | 3.2% | -20.9% |
Bhutan compared with similar countries
- Bhutan's 3.2% is below the median for lower middle income countries, which is 51.0%, 6% of the median. (47 countries reporting)
- Bhutan's 3.2% is below the median for South Asia, which is 49.9%, 6% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.6% | 1.1% | 19.2% | 10 |
| 2010s | 5.4% | 1.1% | 18.0% | 10 |
| 2020s | 2.5% | 1.3% | 4.1% | 4 |
Countries ranked near Bhutan
More private sector data for Bhutan
- Merchandise trade 83.3% (2025)
- Food imports 11.4% (2025)
- Manufactures imports 70.4% (2025)
- Merchandise imports 2.18 billion current US$ (2025)
- Food exports 5.9% (2025)
- Manufactures exports 58.7% (2025)
- Merchandise exports 800.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 1,004 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2235 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.1 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to high-income economies in Bhutan?
- Merchandise exports to high-income economies in Bhutan was 3.2% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to high-income economies recorded in Bhutan?
- The highest recorded value was 19.2% in 2000.
- What is the lowest merchandise exports to high-income economies recorded in Bhutan?
- The lowest recorded value was 1.1% in 2016.
- How does Bhutan rank for merchandise exports to high-income economies?
- Bhutan ranks 203rd out of 206 countries with data for 2023.
- Is merchandise exports to high-income economies rising or falling in Bhutan?
- Over the last ten years it is up 30.9%. 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 to high-income economies (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.