Bhutan Trade Summary
U.S. goods and services trade with Bhutan totaled an estimated $39.8 million in 2024, up 9.8 percent ($3.5 million) from 2023.
U.S. goods trade with Bhutan totaled an estimated $10.7 million in 2025. U.S. goods exports to Bhutan in 2025 were $4.6 million, up 30.4 percent ($1.1 million) from 2024. U.S. goods imports from Bhutan totaled $6.1 million in 2025, up 85.2 percent ($2.8 million) from 2024. The U.S. goods trade balance with Bhutan shifted from a goods trade surplus of $0.2 million in 2024 to a goods trade deficit of $1.6 million in 2025.
U.S. total services trade (exports plus imports) with Bhutan totaled an estimated $33 million in 2024. U.S. services exports to Bhutan in 2024 were $23 million, unchanged from 2023. U.S. services imports from Bhutan in 2024 were $10 million, up 42.9 percent ($3 million) from 2023. The U.S. services trade surplus with Bhutan was $12 million in 2024, a 25 percent decrease ($4 million) over 2023.
