Summary
- Bhutan → India
- $436million
- India → Bhutan
- $1.2billion
- Bhutan’s balance
- -$737million
Balance
Bhutan’s trade balance with India
Trade between Bhutan and India grew 36.4-fold since 1995
USD billions (current). Bhutan’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 0.4
- Imports 1.2
- Balance -0.7
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $35 million | $10 million | $25 million |
| 1996 | $33 million | $19 million | $14 million |
| 1997 | $13 million | $13 million | $93 thousand |
| 1998 | $91 million | $94 million | -$3 million |
| 1999 | $96 million | $140 million | -$44 million |
| 2000 | $18 million | $1 million | $17 million |
| 2001 | $23 million | $6 million | $18 million |
| 2002 | $25 million | $22 million | $3 million |
| 2003 | $52 million | $81 million | -$29 million |
| 2004 | $50 million | $84 million | -$34 million |
| 2005 | $259 million | $301 million | -$42 million |
| 2006 | $329 million | $295 million | $34 million |
| 2007 | $620 million | $365 million | $255 million |
| 2008 | $653 million | $418 million | $235 million |
| 2009 | $405 million | $418 million | -$12 million |
| 2010 | $259 million | $651 million | -$392 million |
| 2011 | $281 million | $782 million | -$501 million |
| 2012 | $423 million | $801 million | -$379 million |
| 2013 | $137 million | $149 million | -$12 million |
| 2014 | $144 million | $174 million | -$29 million |
| 2015 | $195 million | $333 million | -$138 million |
| 2016 | $204 million | $841 million | -$637 million |
| 2017 | $263 million | $849 million | -$586 million |
| 2018 | $296 million | $893 million | -$597 million |
| 2019 | $321 million | $823 million | -$503 million |
| 2020 | $203 million | $703 million | -$500 million |
| 2021 | $344 million | $868 million | -$524 million |
| 2022 | $360 million | $1.1 billion | -$784 million |
| 2023 | $447 million | $1 billion | -$594 million |
| 2024 | $436 million | $1.2 billion | -$737 million |
What they sell each other
What Bhutan sells to India
The top 10 headings in 2024, with their share of the total.
What India sells to Bhutan
The top 10 headings in 2024, with their share of the total.
How it travels
Bhutan and India traded $1.6 billion in 2024 (both directions together). They trade mostly over land: 100% of the value travels by truck, rail or pipeline.
Split by transport mode
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
India was Bhutan’s largest trading partner (85% of its trade), and Bhutan was India’s 68th (0.1%).
- India in Bhutan’s trade
- 84.7%
- India’s rank among Bhutan’s partners
- 1st
- Bhutan in India’s trade
- 0.1%
- Bhutan’s rank among India’s partners
- 68th
Compare with
Other partners of India
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- World Bank, Global Shipping Traffic Density · CC BY 4.0 (route network derived by this site)
- World Port Index (NGA) · Public domain (US Government work)
- Natural Earth · Public domain
Methodology
Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.