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Nepal Trade Summary

2022

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 2022

Overall Exports and Imports for Nepal 2022

Exports and imports of Nepal in 2022 are below, along with number of countries and products

  • The total value of exports (FoB) was 1,300 million.
  • The total value of imports (CIF) was 13,744 million.
  • At the HS6 digit level, 760 products were exported to 132 countries and 4,081 products were imported from 184 countries.

Nepal top 5 Export and Import partners 2022

Top five countries to which Nepal exported in 2022 are below, along with the percent of total exports that went to that country:

  1. Nepal exports to India worth US$ 935 million, with a partner share of 71.93 percent.
  2. Nepal exports to United States worth US$ 147 million, with a partner share of 11.32 percent.
  3. Nepal exports to Germany worth US$ 33 million, with a partner share of 2.51 percent.
  4. Nepal exports to Turkey worth US$ 26 million, with a partner share of 2.01 percent.
  5. Nepal exports to United Kingdom worth US$ 24 million, with a partner share of 1.83 percent.

Top five countries from which Nepal imported goods in 2022 are below, along with percent of total imports that came from the country :

  1. Nepal imports from India worth US$ 8,688 million, with a partner share of 63.21 percent.
  2. Nepal imports from China worth US$ 1,854 million, with a partner share of 13.49 percent.
  3. Nepal imports from Indonesia worth US$ 354 million, with a partner share of 2.58 percent.
  4. Nepal imports from United Arab Emirates worth US$ 322 million, with a partner share of 2.34 percent.
  5. Nepal imports from United States worth US$ 294 million, with a partner share of 2.14 percent.

Nepal Top 5 Productsexports imports at HS 6 digit level 2022

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

  1. Nepal exported Soya-bean oil (excl. crude) and fractions , worth 186,905.71 (US$ Thousands).
  2. Nepal exported Palm oil (excl. crude) and liquid fractions , worth 186,001.52 (US$ Thousands).
  3. Nepal exported Carpets and other textile floor coverings, of w , worth 84,665.89 (US$ Thousands).
  4. Nepal exported Cardamoms , worth 46,642.78 (US$ Thousands).
  5. Nepal exported Felt, nes , worth 38,132.14 (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 2,281,003.78 (US$ Thousands).
  2. Nepal imported Petroleum gases and other gaseous hydrocarbons, , worth 516,422.71 (US$ Thousands).
  3. Nepal imported Crude soya-bean oil , worth 347,768.88 (US$ Thousands).
  4. Nepal imported Semi-fin prod, iron or non-alloy steel, cntg by , worth 288,973.80 (US$ Thousands).
  5. Nepal imported Ferrous products obtained by direct reduction o , worth 259,395.12 (US$ Thousands).

Exports and Imports of Product Groups 2022

Exports and imports of products by stages of processing in 2022 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2022

Tariffs imposed by Nepal in 2022 are below

  • The maximum rate of tariff in percentage on any product was 278.52 percent.
  • The simple average tariff across all products was 13.73 percent.
  • The trade weighted average tariff was 11.59 .
  • The total duty free imports in thousands of US dollars were 412,113.43 and duty free tariff line items share was 7.01 percent.

Development Indicators 2022

Key Development Indicators of Nepal in 2022 are below

  • Nepal GDP in current US dollar was 40,828 million.
  • GNI per capita, Atlas method (current US$) was 1,340.00 .
  • Nepal Trade balance: as % of GDP was -35.88.
  • Trade balance in current US$ was -14,648.00 million.
  • Trade as percentage of GDP was 49.40 .
  • Trade in services as percentage of GDP was 7.85 .

Trade Indicators 2022

Trade Indicators for Nepal in 2022 are below

  • Hirschman Herfindahl market concentration index was 0.46.
  • Index of export market penetration was 3.51.
  • World Growth in percentage was 5.18 and Nepal Country Growth was -10.29 .