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Nepal Trade Summary

2016

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 2016

Overall Exports and Imports for Nepal 2016

Exports and imports of Nepal in 2016 are below, along with number of countries and products

  • The total value of exports (FoB) was 729 million.
  • The total value of imports (CIF) was 8,879 million.
  • At the HS6 digit level, 1,106 products were exported to 132 countries and 4,192 products were imported from 170 countries.

Nepal top 5 Export and Import partners 2016

Top five countries to which Nepal exported in 2016 are below, along with the percent of total exports that went to that country:

  1. Nepal exports to India worth US$ 395 million, with a partner share of 54.14 percent.
  2. Nepal exports to United States worth US$ 88 million, with a partner share of 12.14 percent.
  3. Nepal exports to Singapore worth US$ 37 million, with a partner share of 5.01 percent.
  4. Nepal exports to Germany worth US$ 29 million, with a partner share of 4.04 percent.
  5. Nepal exports to Turkey worth US$ 27 million, with a partner share of 3.77 percent.

Top five countries from which Nepal imported goods in 2016 are below, along with percent of total imports that came from the country :

  1. Nepal imports from India worth US$ 5,816 million, with a partner share of 65.51 percent.
  2. Nepal imports from China worth US$ 1,247 million, with a partner share of 14.05 percent.
  3. Nepal imports from United Arab Emirates worth US$ 210 million, with a partner share of 2.37 percent.
  4. Nepal imports from Indonesia worth US$ 111 million, with a partner share of 1.25 percent.
  5. Nepal imports from Thailand worth US$ 110 million, with a partner share of 1.24 percent.

Nepal Top 5 Productsexports imports at HS 6 digit level 2016

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$ 72,771.65 million.
  2. Nepal exported Cardamoms , worth US$ 36,347.26 million.
  3. Nepal exported New stamps; stamp-impressed paper; banknotes; c , worth US$ 34,871.32 million.
  4. Nepal exported Woven fabrics obtained from synthetic strip or , worth US$ 32,582.75 million.
  5. Nepal exported Mixtures of juices, unfermented, not containing , worth US$ 29,724.62 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$ 728,011.68 million.
  2. Nepal imported Semi-fin prod, iron or non-alloy steel, cntg by , worth US$ 363,773.15 million.
  3. Nepal imported Transmission apparatus, for radioteleph incorpo , worth US$ 198,429.13 million.
  4. Nepal imported Semi-milled or wholly milled rice , worth US$ 191,676.29 million.
  5. Nepal imported Motorcycles with reciprocating piston engine di , worth US$ 188,198.28 million.

Exports and Imports of Product Groups 2016

Exports and imports of products by stages of processing in 2016 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2016

Tariffs imposed by Nepal in 2016 are below

  • The maximum rate of tariff in percentage on any product was 259.30 percent.
  • The simple average tariff across all products was 12.65 percent.
  • The trade weighted average tariff was 12.35 .
  • The total duty free imports in thousands of US dollars were 495,959.53 and duty free tariff line items share was 7.29 percent.

Development Indicators 2016

Key Development Indicators of Nepal in 2016 are below

  • Nepal GDP in current US dollar was 24,524 million.
  • GNI per capita, Atlas method (current US$) was 860.00 .
  • Nepal Trade balance: as % of GDP was -25.76.
  • Trade balance in current US$ was -6,317.00 million.
  • Trade as percentage of GDP was 42.12 .
  • Trade in services as percentage of GDP was 10.62 .

Trade Indicators 2016

Trade Indicators for Nepal in 2016 are below

  • Hirschman Herfindahl market concentration index was 0.31.
  • Index of export market penetration was 3.54.
  • World Growth in percentage was -1.38 and Nepal Country Growth was -6.70 .