Nepal (NPL)
Annual exports and imports in 2024 (USD).
Source: UN Comtrade. Warehouse 1: partner = World totals by HS4 and year.
Nepal - trade dependency by partner, 2024 (USD)
| Rank | Partner | Export dependency | Import dependency | Total dependency |
|---|---|---|---|---|
| 1 | India (IND) | 71.9% $935.41M | 63.2% $8.69B | 64.0% $9.62B |
| 2 | China (CHN) | 0.4% $5.42M | 13.5% $1.85B | 12.4% $1.86B |
| 3 | USA (USA) | 11.3% $147.20M | 2.1% $293.91M | 2.9% $441.11M |
| 4 | Indonesia (IDN) | 0.0% $0 | 2.6% $354.05M | 2.4% $354.05M |
| 5 | United Arab Emirates (ARE) | 0.3% $3.76M | 2.3% $321.81M | 2.2% $325.58M |
| 6 | Argentina (ARG) | 0.0% $0 | 1.7% $236.02M | 1.6% $236.02M |
| 7 | Australia (AUS) | 0.8% $10.81M | 1.0% $142.06M | 1.0% $152.86M |
| 8 | Ukraine (UKR) | 0.0% $0 | 1.0% $137.46M | 0.9% $137.46M |
| 9 | Malaysia (MYS) | 0.1% $1.66M | 0.9% $123.75M | 0.8% $125.42M |
| 10 | Qatar (QAT) | 0.0% $0 | 0.7% $97.10M | 0.6% $97.10M |
- In 2024, Nepal's total trade amounted to $15.0B, with exports of $1.3B and imports of $13.7B.
- The country's trade balance was -$12.4B in 2024.
- Nepal's top export destination was India, which received 71.9% of its exports, valued at $935.4M.
- India was also the largest source of imports, accounting for 63.2% of the total, or $8.7B.
- The leading export category for Nepal was Animal or vegetable fats and oils (HS2 15), with exports worth $392.2M.
- Mineral fuels and oils (HS2 27) were the top import category, with a total value of $3.2B.
Nepal's Trade Snapshot (2024)
In 2024, Nepal ranked 164th globally in total trade. The nation's total trade activity was valued at $15.0B. Exports stood at $1.3B (ranked 166th), while imports were $13.7B (ranked 164th). This resulted in a trade balance of -$12.4B. The majority of Nepal's trade is with regional partners.
Top Exports
Nepal's primary export in 2024 was Animal, vegetable or microbial fats and oils (HS2 15), with a total export value of $392.2M, representing 30.2% of all exports. The second-largest export category was Man-made staple fibres (HS2 55), valued at $102.7M. Most of Nepal's exports were destined for India, which accounted for $935.4M, followed by the United States at $147.2M.
Top Imports
Mineral fuels and oils (HS2 27) were Nepal's most significant import category in 2024, with a value of $3.2B, making up 23.0% of total imports. The second most imported product was Iron and steel (HS2 72) at $1.1B. Nepal's main import partners were India ($8.7B) and China ($1.9B).
Exports
Nepal - exports over time (Exports), 2015-2022 (USD)
Top export categories
Largest HS2 categories by export value in the selected year.
Nepal - export composition by product categories (Exports), 2024 (USD)
Nepal - export composition by 4-digit product groups (Exports), 2024 (USD)
Imports
Nepal - imports over time (Imports), 2015-2022 (USD)
Top import categories
Largest HS2 categories by import value in the selected year.