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Nepal Trade Summary

2021

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 2021

Overall Exports and Imports for Nepal 2021

Exports and imports of Nepal in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 1,666 million.
  • The total value of imports (CIF) was 15,830 million.
  • At the HS6 digit level, 764 products were exported to 126 countries and 4,137 products were imported from 170 countries.

Nepal top 5 Export and Import partners 2021

Top five countries to which Nepal exported in 2021 are below, along with the percent of total exports that went to that country:

  1. Nepal exports to India worth US$ 1,334 million, with a partner share of 80.07 percent.
  2. Nepal exports to United States worth US$ 133 million, with a partner share of 7.96 percent.
  3. Nepal exports to Germany worth US$ 30 million, with a partner share of 1.79 percent.
  4. Nepal exports to United Kingdom worth US$ 24 million, with a partner share of 1.41 percent.
  5. Nepal exports to Turkey worth US$ 22 million, with a partner share of 1.30 percent.

Top five countries from which Nepal imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. Nepal imports from India worth US$ 9,584 million, with a partner share of 60.54 percent.
  2. Nepal imports from China worth US$ 2,383 million, with a partner share of 15.06 percent.
  3. Nepal imports from Argentina worth US$ 452 million, with a partner share of 2.85 percent.
  4. Nepal imports from United Arab Emirates worth US$ 416 million, with a partner share of 2.62 percent.
  5. Nepal imports from Indonesia worth US$ 366 million, with a partner share of 2.31 percent.

Nepal Top 5 Productsexports imports at HS 6 digit level 2021

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 US$ 596,482.26 million.
  2. Nepal exported Palm oil (excl. crude) and liquid fractions , worth US$ 257,845.45 million.
  3. Nepal exported Carpets and other textile floor coverings, of w , worth US$ 67,477.05 million.
  4. Nepal exported Cardamoms , worth US$ 47,196.15 million.
  5. Nepal exported Woven fabrics of jute or other textile bast fib , worth US$ 44,276.11 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$ 1,583,438.08 million.
  2. Nepal imported Crude soya-bean oil , worth US$ 608,433.97 million.
  3. Nepal imported Semi-fin prod, iron or non-alloy steel, cntg by , worth US$ 598,648.93 million.
  4. Nepal imported Petroleum gases and other gaseous hydrocarbons, , worth US$ 424,704.01 million.
  5. Nepal imported Transmission apparatus, for radioteleph incorpo , worth US$ 411,093.51 million.

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by Nepal in 2021 are below

  • The maximum rate of tariff in percentage on any product was 330.50 percent.
  • The simple average tariff across all products was 13.10 percent.
  • The trade weighted average tariff was 11.99 .
  • The total duty free imports in thousands of US dollars were 707,534.32 and duty free tariff line items share was 7.45 percent.

Development Indicators 2021

Key Development Indicators of Nepal in 2021 are below

  • Nepal GDP in current US dollar was 36,925 million.
  • GNI per capita, Atlas method (current US$) was 1,230.00 .
  • Nepal Trade balance: as % of GDP was -32.82.
  • Trade balance in current US$ was -12,117.00 million.
  • Trade as percentage of GDP was 43.05 .
  • Trade in services as percentage of GDP was 6.40 .

Trade Indicators 2021

Trade Indicators for Nepal in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.64.
  • Index of export market penetration was 3.55.
  • World Growth in percentage was 12.59 and Nepal Country Growth was 34.93 .