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Nepal Trade Summary

2014

Nepal exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR NEPAL 2014

Overall Exports and Imports for Nepal 2014

Exports and imports of Nepal in 2014 are below, along with number of countries and products

  • The total value of exports (FoB) was 901 million.
  • The total value of imports (CIF) was 7,590 million.
  • At the HS6 digit level, 1,151 products were exported to 128 countries and 4,134 products were imported from 153 countries.

Nepal top 5 Export and Import partners 2014

Top five countries to which Nepal exported in 2014 are below, along with the percent of total exports that went to that country:

  1. Nepal exports to India worth US$ 584 million, with a partner share of 64.84 percent.
  2. Nepal exports to United States worth US$ 75 million, with a partner share of 8.37 percent.
  3. Nepal exports to Germany worth US$ 32 million, with a partner share of 3.59 percent.
  4. Nepal exports to China worth US$ 28 million, with a partner share of 3.11 percent.
  5. Nepal exports to United Kingdom worth US$ 21 million, with a partner share of 2.28 percent.

Top five countries from which Nepal imported goods in 2014 are below, along with percent of total imports that came from the country :

  1. Nepal imports from India worth US$ 4,935 million, with a partner share of 65.02 percent.
  2. Nepal imports from China worth US$ 940 million, with a partner share of 12.38 percent.
  3. Nepal imports from United Arab Emirates worth US$ 418 million, with a partner share of 5.50 percent.
  4. Nepal imports from Indonesia worth US$ 157 million, with a partner share of 2.07 percent.
  5. Nepal imports from Argentina worth US$ 107 million, with a partner share of 1.42 percent.

Nepal Top 5 Productsexports imports at HS 6 digit level 2014

The top five exported HS 6 digit level products to world by Nepal along with trade value are:

  1. Nepal exported Carpets and other textile floor coverings, of w , worth US$ 73,328.34 million.
  2. Nepal exported Woven fabrics obtained from synthetic strip or , worth US$ 56,657.89 million.
  3. Nepal exported Other nuts, fresh or dried, nes , worth US$ 36,906.39 million.
  4. Nepal exported Cardamoms , worth US$ 32,811.38 million.
  5. Nepal exported Yarn, <85% polyester staple fibres, with artifi , worth US$ 27,956.87 million.

The top five imported HS 6 digit level products from world by Nepal along with trade value are

  1. Nepal imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 1,081,293.99 million.
  2. Nepal imported Semi-fin prod, iron or non-alloy steel, cntg by , worth US$ 294,748.34 million.
  3. Nepal imported Petroleum gases and other gaseous hydrocarbons, , worth US$ 283,855.48 million.
  4. Nepal imported Gold in oth semi-manufactured forms,non-monetar , worth US$ 248,859.87 million.
  5. Nepal imported Semi-milled or wholly milled rice , worth US$ 144,744.27 million.

Exports and Imports of Product Groups 2014

Exports and imports of products by stages of processing in 2014 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2014

Tariffs imposed by Nepal in 2014 are below

  • The maximum rate of tariff in percentage on any product was 173.51 percent.
  • The simple average tariff across all products was 12.66 percent.
  • The trade weighted average tariff was 10.55 .
  • The total duty free imports in thousands of US dollars were 783,587.44 and duty free tariff line items share was 6.38 percent.

Development Indicators 2014

Key Development Indicators of Nepal in 2014 are below

  • Nepal GDP in current US dollar was 22,732 million.
  • GNI per capita, Atlas method (current US$) was 860.00 .
  • Nepal Trade balance: as % of GDP was -25.73.
  • Trade balance in current US$ was -5,850.00 million.
  • Trade as percentage of GDP was 45.98 .
  • Trade in services as percentage of GDP was 11.37 .

Trade Indicators 2014

Trade Indicators for Nepal in 2014 are below

  • Hirschman Herfindahl market concentration index was 0.39.
  • Index of export market penetration was 3.71.
  • World Growth in percentage was 0.23 and Nepal Country Growth was 14.30 .