Bhutan recorded a trade deficit of 16922.70 BTN Million in the third quarter of 2025. Balance of Trade in Bhutan averaged -7087.90 BTN Million from 1991 until 2025, reaching an all time high of 7121.91 BTN Million in the third quarter of 2020 and a record low of -27481.52 BTN Million in the first quarter of 2025. source: Royal Monetary Authority of Bhutan

Related	Last	Previous	Unit	Reference
Balance of Trade	-16922.70	-21314.98	BTN Million	Sep 2025
Current Account	-53964.70	-57707.00	BTN Million	Dec 2024
Current Account to GDP	-17.40	-32.30	percent of GDP	Dec 2025
Exports	28587.77	14638.94	BTN Million	Sep 2025
External Debt	3635.20	3381.90	USD Million	Dec 2024
Foreign Direct Investment	830.30	4031.20	BTN Million	Sep 2025
Imports	45510.47	35953.92	BTN Million	Sep 2025

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.