Bhutan - Trade Balance 1998
$-61.5M
−$24.1M from 1997
Bhutan's trade balance was $-61.5M in 1998, decreased +$24.1M from $-37.4M in 1997. This was the 109th highest globally.
Global Ranking - 1998▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | United States | $-162.7B | -59.6% |
| 2nd | Brazil | $-20.5B | 10.9% |
| 3rd | Greece | $-13.3B | -43.0% |
| 4th | Portugal | $-11.4B | -21.4% |
| 5th | Mexico | $-8.9B | -8,879.0% |
| 6th | Poland | $-8.5B | -36.8% |
| 7th | United Kingdom | $-8.3B | -198.8% |
| 8th | Egypt, Arab Republic of | $-8.1B | -69.7% |
| 9th | Argentina | $-7.5B | -16.1% |
| 10th | India | $-7.0B | -36.1% |
| 11th | Colombia | $-5.8B | 8.0% |
| 12th | Lebanon | $-4.7B | 9.8% |
| 13th | Iran, Islamic Republic of | $-4.3B | -296.1% |
| 14th | Israel | $-3.7B | 37.6% |
| 15th | Australia | $-3.5B | -393.7% |
| 16th | Philippines | $-3.3B | 49.9% |
| 17th | Slovak Republic | $-3.3B | -14.8% |
| 18th | Romania | $-3.3B | -34.4% |
| 19th | Peru | $-3.1B | -17.3% |
| 20th | Bosnia and Herzegovina | $-2.9B | -77.2% |
| 21st | Chile | $-2.9B | -44.8% |
| 22nd | Spain | $-2.7B | -320.3% |
| 23rd | Bangladesh | $-2.2B | 14.4% |
| 24th | West Bank and Gaza | $-2.2B | -2.6% |
| 25th | Ecuador | $-2.1B | -288.4% |
| 26th | Viet Nam | $-2.0B | 9.0% |
| 27th | Kuwait | $-1.9B | -146.6% |
| 28th | Croatia | $-1.7B | 43.8% |
| 29th | Morocco | $-1.7B | -29.0% |
| 30th | Dominican Republic | $-1.6B | -108.4% |
| 31st | Guatemala | $-1.6B | -56.2% |
| 32nd | Jordan | $-1.5B | 4.4% |
| 33rd | Azerbaijan | $-1.4B | -48.8% |
| 34th | El Salvador | $-1.3B | -12.4% |
| 35th | Lithuania | $-1.3B | -25.5% |
| 36th | Yemen, Republic of | $-1.2B | -138.8% |
| 37th | Kenya | $-1.2B | -5.9% |
| 38th | North Macedonia | $-1.1B | -16.4% |
| 39th | Oman | $-1.1B | -137.4% |
| 40th | Bolivia, Plurinational State of | $-1.1B | -67.5% |
| 41st | Mozambique | $-1.1B | 0.2% |
| 42nd | Cuba | $-1.0B | -39.6% |
| 43rd | Kazakhstan | $-999.6M | -78.5% |
| 44th | Ghana | $-962.0M | 32.2% |
| 45th | Turkmenistan | $-960.7M | -52.8% |
| 46th | Sudan | $-953.0M | -13.8% |
| 47th | Ukraine | $-952.4M | 37.9% |
| 48th | Sri Lanka | $-946.8M | 11.2% |
| 49th | Serbia | $-939.5M | 51.3% |
| 50th | French Polynesia | $-930.4M | -19.2% |
| 51st | Latvia | $-865.7M | -46.7% |
| 52nd | Nicaragua | $-850.3M | -1.1% |
| 53rd | Hungary | $-755.9M | -259.8% |
| 54th | Georgia | $-746.2M | 19.9% |
| 55th | Belarus | $-739.1M | 9.7% |
| 56th | New Caledonia | $-722.4M | -87.2% |
| 57th | Tanzania | $-722.2M | 0.8% |
| 58th | Senegal | $-711.0M | -11.3% |
| 59th | Uruguay | $-710.9M | -6.3% |
| 60th | Uganda | $-708.9M | -52.0% |
| 61st | Pakistan | $-648.1M | 77.9% |
| 62nd | Albania | $-641.7M | -13.5% |
| 63rd | Tunisia | $-641.0M | -36.0% |
| 64th | Armenia | $-640.8M | -2.8% |
| 65th | Haiti | $-622.6M | -16.6% |
| 66th | Bahamas, The | $-574.8M | -51.9% |
| 67th | Costa Rica | $-562.7M | -1.5% |
| 68th | Estonia | $-543.0M | -2.4% |
| 69th | Nepal | $-537.4M | 4.0% |
| 70th | Austria | $-491.3M | 71.5% |
| 71st | Eritrea | $-486.5M | -26.1% |
| 72nd | Panama | $-457.8M | -245.6% |
| 73rd | Moldova | $-454.6M | -11.3% |
| 74th | Burkina Faso | $-429.8M | -11.2% |
| 75th | Libya | $-412.8M | -127.2% |
| 76th | Cambodia | $-410.1M | -1.8% |
| 77th | Slovenia | $-374.7M | -58.6% |
| 78th | Iceland | $-369.6M | -1,155.1% |
| 79th | Namibia | $-363.7M | -16.0% |
| 80th | Kyrgyz Republic | $-354.6M | -153.8% |
| 81st | Rwanda | $-350.6M | -5.9% |
| 82nd | Brunei Darussalam | $-280.8M | -312.9% |
| 83rd | Mali | $-272.0M | -7.4% |
| 84th | Honduras | $-267.6M | -138.4% |
| 85th | Malta | $-257.7M | -11.6% |
| 86th | Seychelles | $-254.9M | -14.9% |
| 87th | Zambia | $-248.2M | -63.4% |
| 88th | Togo | $-215.1M | -23.2% |
| 89th | Czechia | $-209.0M | 91.9% |
| 90th | Guinea-Bissau | $-208.6M | 49.9% |
| 91st | Guinea | $-202.3M | -62.4% |
| 92nd | Madagascar | $-198.4M | -1.5% |
| 93rd | Chad | $-193.2M | -2.3% |
| 94th | Congo, Democratic Republic of | $-192.7M | -184.4% |
| 95th | Cabo Verde | $-189.4M | -24.1% |
| 96th | Niger | $-187.1M | -34.0% |
| 97th | Botswana | $-156.3M | -123.7% |
| 98th | Lao PDR | $-145.4M | 52.1% |
| 99th | Micronesia, Federated States of | $-140.0M | 3.4% |
| 100th | Benin | $-132.8M | -34.3% |
| 101st | Mongolia | $-131.2M | -307.9% |
| 102nd | Tajikistan | $-121.0M | -94.5% |
| 103rd | Zimbabwe | $-110.5M | 81.5% |
| 104th | Guyana | $-85.9M | -16.9% |
| 105th | Tonga | $-74.9M | -15.6% |
| 106th | Marshall Islands | $-70.0M | -14.1% |
| 107th | Aruba | $-66.5M | -16.7% |
| 108th | Comoros | $-65.8M | -0.3% |
| 109th | Bhutan | $-61.5M | -64.6% |
| 110th | Syrian Arab Republic | $-55.7M | 72.2% |
| 111th | Central African Republic | $-55.5M | -188.6% |
| 112th | Gabon | $-52.1M | -104.1% |
| 113th | Mauritania | $-50.3M | -160.1% |
| 114th | Sierra Leone | $-48.5M | -203.5% |
| 115th | Uzbekistan | $-43.4M | 90.1% |
| 116th | Kiribati | $-41.2M | 15.1% |
| 117th | Mauritius | $-34.7M | 83.0% |
| 118th | Gambia, The | $-27.4M | -38.9% |
| 119th | Vanuatu | $-26.6M | -700.7% |
| 120th | Solomon Islands | $-9.6M | 82.3% |
| 121st | Belize | $9.8M | -47.7% |
| 122nd | Faroe Islands | $18.7M | 1,471.1% |
| 123rd | Algeria | $30.0M | -99.3% |
| 124th | Bahrain | $44.4M | -92.7% |
| 125th | Congo, Republic of | $71.2M | -80.1% |
| 126th | Côte d'Ivoire | $140.3M | -66.5% |
| 127th | Cameroon | $188.0M | -63.9% |
| 128th | Papua New Guinea | $197.9M | 548.9% |
| 129th | Cyprus | $254.7M | 291.7% |
| 130th | Paraguay | $710.6M | 609.4% |
| 131st | New Zealand | $752.7M | -18.3% |
| 132nd | Hong Kong SAR, China | $905.4M | 115.2% |
| 133rd | Bulgaria | $1.0B | -28.4% |
| 134th | Qatar | $1.1B | -16.6% |
| 135th | South Africa | $1.5B | -11.0% |
| 136th | Macao SAR, China | $1.6B | -10.8% |
| 137th | Türkiye | $2.6B | 733.4% |
| 138th | Norway | $2.9B | -77.2% |
| 139th | Luxembourg | $3.8B | -4.7% |
| 140th | Saudi Arabia | $4.7B | -78.6% |
| 141st | Iraq | $4.9B | 8.7% |
| 142nd | Denmark | $5.4B | -28.0% |
| 143rd | Puerto Rico (US) | $8.5B | 231.1% |
| 144th | Indonesia | $9.3B | 1,666.4% |
| 145th | Belgium | $9.4B | -4.1% |
| 146th | Ireland | $9.8B | -1.2% |
| 147th | Finland | $10.6B | 13.9% |
| 148th | Switzerland | $11.5B | -14.0% |
| 149th | Canada | $12.5B | -0.8% |
| 150th | Malaysia | $15.9B | 1,637.0% |
| 151st | Sweden | $16.1B | -7.5% |
| 152nd | Thailand | $17.8B | 732.0% |
| 153rd | Russian Federation | $18.1B | 102.6% |
| 154th | Singapore | $18.4B | 25.0% |
| 155th | Germany | $26.2B | 15.4% |
| 156th | Netherlands | $30.5B | 0.8% |
| 157th | Italy | $38.5B | -16.4% |
| 158th | Korea | $40.3B | 820.7% |
| 159th | China | $43.8B | 2.4% |
| 160th | France | $46.2B | -7.9% |
| 161st | Japan | $71.5B | 61.7% |
FAQ
What was Bhutan's trade balance in 1998?▾
Bhutan's trade balance in 1998 was $-61.5M. This ranked 109th globally.
How did Bhutan's trade balance change in 1998?▾
Bhutan's trade balance decreased by 64.6% in 1998 compared to 1997.
Which country had the highest trade balance in 1998?▾
Japan had the highest trade balance in 1998 at $71.5B.
What is the trade balance of Bhutan in 1998?▾
The trade balance of Bhutan in 1998 was $-61.5M. This ranked 109th globally.
How does 1998 compare to 1997 for Bhutan's trade balance?▾
Bhutan's trade balance went from $-37.4M in 1997 to $-61.5M in 1998, a 64.6% decrease.
HistorySaid - pattern alert
Bhutan matched the Export Boom Cycle pattern in 1998. Historically: 768 occurrences, 546 successful (71%). Outcome 24 months later: 3.4%. View full analysis →
Related
1997
1999
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Full ranking 1998
Exports
Imports
Current Account Balance
FDI Inflows
FDI Outflows
Peak: 1995
Lowest: 2025
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Trade Balance 2000s
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