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Nepal Trade Summary

2019

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 2019

Overall Exports and Imports for Nepal 2019

Exports and imports of Nepal in 2019 are below, along with number of countries and products

  • The total value of exports (FoB) was 960 million.
  • The total value of imports (CIF) was 12,325 million.
  • At the HS6 digit level, 928 products were exported to 121 countries and 4,164 products were imported from 159 countries.

Nepal top 5 Export and Import partners 2019

Top five countries to which Nepal exported in 2019 are below, along with the percent of total exports that went to that country:

  1. Nepal exports to India worth US$ 660 million, with a partner share of 68.73 percent.
  2. Nepal exports to United States worth US$ 98 million, with a partner share of 10.25 percent.
  3. Nepal exports to Germany worth US$ 28 million, with a partner share of 2.95 percent.
  4. Nepal exports to Turkey worth US$ 24 million, with a partner share of 2.51 percent.
  5. Nepal exports to United Kingdom worth US$ 22 million, with a partner share of 2.31 percent.

Top five countries from which Nepal imported goods in 2019 are below, along with percent of total imports that came from the country :

  1. Nepal imports from India worth US$ 7,777 million, with a partner share of 63.10 percent.
  2. Nepal imports from China worth US$ 1,940 million, with a partner share of 15.74 percent.
  3. Nepal imports from Indonesia worth US$ 260 million, with a partner share of 2.11 percent.
  4. Nepal imports from United Arab Emirates worth US$ 255 million, with a partner share of 2.07 percent.
  5. Nepal imports from United States worth US$ 158 million, with a partner share of 1.28 percent.

Nepal Top 5 Productsexports imports at HS 6 digit level 2019

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

  1. Nepal exported Palm oil (excl. crude) and liquid fractions , worth 190,559.89 (US$ Thousands).
  2. Nepal exported Carpets and other textile floor coverings, of w , worth 64,816.01 (US$ Thousands).
  3. Nepal exported Soya-bean oil (excl. crude) and fractions , worth 52,079.42 (US$ Thousands).
  4. Nepal exported Cardamoms , worth 44,418.84 (US$ Thousands).
  5. Nepal exported Yarn, <85% polyester staple fibres, with artifi , worth 31,852.32 (US$ Thousands).

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 1,535,432.80 (US$ Thousands).
  2. Nepal imported Semi-fin prod, iron or non-alloy steel, cntg by , worth 448,917.57 (US$ Thousands).
  3. Nepal imported Petroleum gases and other gaseous hydrocarbons, , worth 284,635.49 (US$ Thousands).
  4. Nepal imported Transmission apparatus, for radioteleph incorpo , worth 247,913.07 (US$ Thousands).
  5. Nepal imported Gold in oth semi-manufactured forms,non-monetar , worth 233,073.61 (US$ Thousands).

Exports and Imports of Product Groups 2019

Exports and imports of products by stages of processing in 2019 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2019

Tariffs imposed by Nepal in 2019 are below

  • The maximum rate of tariff in percentage on any product was 3,000 percent.
  • The simple average tariff across all products was 20.20 percent.
  • The trade weighted average tariff was 14.22 .
  • The total duty free imports in thousands of US dollars were 540,352.77 and duty free tariff line items share was 8.35 percent.

Development Indicators 2019

Key Development Indicators of Nepal in 2019 are below

  • Nepal GDP in current US dollar was 34,186 million.
  • GNI per capita, Atlas method (current US$) was 1,220.00 .
  • Nepal Trade balance: as % of GDP was -33.69.
  • Trade balance in current US$ was -11,517.00 million.
  • Trade as percentage of GDP was 49.25 .
  • Trade in services as percentage of GDP was 9.75 .

Trade Indicators 2019

Trade Indicators for Nepal in 2019 are below

  • Hirschman Herfindahl market concentration index was 0.46.
  • Index of export market penetration was 3.41.
  • World Growth in percentage was -1.34 and Nepal Country Growth was 12.19 .