Merchandise exports to low- and middle-income economies within region in Bhutan
Bhutan: Merchandise exports to low- and middle-income economies within region was 95.9% in 2023. ▲ Rising
Merchandise exports to low- and middle-income economies within region in Bhutan, 2000–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
In 2023, merchandise exports to low- and middle-income economies within region in Bhutan stood at 95.9%.
The figure is up 3.6% on the previous year and down 1.5% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies within region in Bhutan peaked at 98.7% in 2016 and was at its lowest, 63.5%, in 2000.
Bhutan ranks 1st of 203 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 24 years of available data.
Merchandise exports to low- and middle-income economies within region in Bhutan, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 2000 | 63.5% | — |
| 2001 | 69.6% | +9.7% |
| 2002 | 69.2% | -0.6% |
| 2003 | 66.2% | -4.4% |
| 2004 | 81.9% | +23.8% |
| 2005 | 92.8% | +13.3% |
| 2006 | 79.9% | -13.9% |
| 2007 | 83.3% | +4.3% |
| 2008 | 98.7% | +18.4% |
| 2009 | 96.9% | -1.8% |
| 2010 | 87.4% | -9.9% |
| 2011 | 81.9% | -6.3% |
| 2012 | 98.1% | +19.8% |
| 2013 | 97.3% | -0.8% |
| 2014 | 96.9% | -0.4% |
| 2015 | 95.2% | -1.7% |
| 2016 | 98.7% | +3.6% |
| 2017 | 96.4% | -2.4% |
| 2018 | 94.6% | -1.8% |
| 2019 | 97.6% | +3.2% |
| 2020 | 97.9% | +0.3% |
| 2021 | 98.6% | +0.7% |
| 2022 | 92.6% | -6.1% |
| 2023 | 95.9% | +3.6% |
Bhutan compared with similar countries
- Bhutan's 95.9% is above the median for lower middle income countries, which is 26.9%, 3.6× the median. (47 countries reporting)
- Bhutan's 95.9% is above the median for South Asia, which is 8.2%, 11.7× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 80.2% | 63.5% | 98.7% | 10 |
| 2010s | 94.4% | 81.9% | 98.7% | 10 |
| 2020s | 96.3% | 92.6% | 98.6% | 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 low- and middle-income economies within region in Bhutan?
- Merchandise exports to low- and middle-income economies within region in Bhutan was 95.9% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies within region recorded in Bhutan?
- The highest recorded value was 98.7% in 2016.
- What is the lowest merchandise exports to low- and middle-income economies within region recorded in Bhutan?
- The lowest recorded value was 63.5% in 2000.
- How does Bhutan rank for merchandise exports to low- and middle-income economies within region?
- Bhutan ranks 1st out of 203 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies within region rising or falling in Bhutan?
- Over the last ten years it is down 1.5%. The long-run trend across the full record is rising.
- Where does this Bhutan data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to low- and middle-income economies within region (% of total merchandise exports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise exports to low- and middle-income economies within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.