Bhutan's merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) was 0.85% in 2023, the latest year in the World Bank's World Development Indicators. That is up 0.7 percentage points from 0.15% in 2013.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 0.85% | 2023 |
| Five years earlier | 0.18% | 2018 |
| Ten years earlier | 0.15% | 2013 |
| Highest | 15.04% | 2003 |
| Lowest | 0.02% | 2009 |
| Average since 2014 | 0.43% | 2014–2023 |
| First recorded | 5.73% | 2000 |
What the numbers say
In 2023, Bhutan's merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) fell 1.32 percentage points on 2022 (from 2.17% to 0.85%).
Across the 22 yearly changes before that (2001 to 2022), the average change was −0.16 percentage points and a typical year strayed about 3.77 percentage points from that (the standard deviation). This year's change was 0.3 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 9.42 percentage points in 2003 and the biggest yearly fall was 13.39 percentage points in 2004. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 the straight-line trend is upward, about 0.12 percentage points a year. A straight line explains 31% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2023, Bhutan had the 172nd highest value of the 203 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Bhutan | 0.85% | 2023 |
| World | 15.22% | 2023 |
| South Asia | 9.57% | 2023 |
| Lower middle income | 13.54% | 2023 |
Closest to Bhutan in the 2023 ranking
What this measures
Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific region according to World Bank classification of economies. Data are 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.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 24 values
| Year | Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) |
|---|---|
| 2023 | 0.8463 |
| 2022 | 2.17 |
| 2021 | 0.103 |
| 2020 | 0.1567 |
| 2019 | 0.1392 |
| 2018 | 0.1823 |
| 2017 | 0.2023 |
| 2016 | 0.1592 |
| 2015 | 0.1517 |
| 2014 | 0.1645 |
Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) in nearby economies
- Bangladesh — 3.1% (2023)
- India — 10.32% (2023)
- Maldives — 56.69% (2023)
- Nepal — 1.47% (2023)
- Sri Lanka — 4.14% (2023)
More private sector & trade data for Bhutan
- Merchandise trade (% of GDP) — 83.28% (2025)
- Merchandise imports (current US$) — US$2.18 billion (2025)
- Merchandise exports (current US$) — US$800 million (2025)
- International tourism, number of arrivals — 29,800 (2020)
- International tourism, receipts (current US$) — US$84 million (2020)
- Import unit value index (2015 = 100) — 132.5 (2025)
- Export unit value index (2015 = 100) — 150.3 (2025)
- Merchandise imports from high-income economies (% of total merchandise imports) — 4.9% (2023)
- Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
Reading data like this
Questions people ask
- What is Bhutan's merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)?
- 0.85% in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 2000?
- It is down 4.88 percentage points from 5.73% in 2000. The highest value was 15.04% in 2003 and the lowest 0.02% in 2009.
- How does Bhutan rank?
- 172nd highest of 203 economies with data for 2023.
- Is the latest change in merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) unusual for Bhutan?
Source
World Bank, World Development Indicators, indicator TX.VAL.MRCH.R1.ZS, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); Direction of Trade database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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