Nepal
PRODUCT EXPORTS (2018)
$723M
RANK 156 OF 222
EXPORTS PER CAPITA (2018)
$25.7
RANK 108 OF 219
PRODUCT IMPORTS (2018)
$10.1B
RANK 102 OF 221
IMPORTS PER CAPITA (2018)
$360
RANK 104 of 219
SERVICE EXPORTS (2018)
$1.75B
RANK 58 OF 88
SERVICE IMPORTS (2018)
$1.8B
RANK 63 OF 88
GDP (2018)
$29 B
CURRENT US$
RANK 102 OF 196
GDP GROWTH (2008-2018)
131%
CURRENT US$
RANK 17 OF 196
GDP PC (2018)
$1,034
CURRENT US$
RANK 170 OF 196
GDP PC GROWTH (2008-2018)
120%
CURRENT US$
RANK 9 OF 196
Overview: In 2018 Nepal was the number 102 economy in the world in terms of GDP (current US$), the number 156 in total exports, and the number 102 in total imports. In 2018, Nepal exported $723M and imported $10.1B, resulting in a negative trade balance of -$9.39B. In 2018, Nepal’s exports per capita were $25.7 and its imports per capita were $360.
Trade: The top exports of Nepal are Non-Retail Synthetic Staple Fibers Yarn ($82.5M), Knotted Carpets ($71.9M), Flavored Water ($43.5M), Nutmeg, mace and cardamons ($35.7M), and Other Plastic Products($30.5M). The top imports of Nepal are Refined Petroleum ($1.35B), Semi-Finished Iron ($585M), Planes, Helicopters, and/or Spacecraft($292M), Gold ($279M), and Petroleum Gas ($266M).
Destinations: Nepal exports mostly to India ($394M), United States($99.1M), Turkey ($40M), Germany ($32M), and United Kingdom($26.6M), and imports mostly from India ($7.26B), China ($1.08B), United Arab Emirates ($395M), France ($275M), and Hong Kong($220M).
Location: Nepal borders India and China by land.
Exports
In 2018 Nepal exported a total of $723M, making it the number 156 exporter in the world. During the last five reported years the exports of Nepal have changed by -$192M from $915M in 2013 to $723M in 2018.
The most recent exports are led by Non-Retail Synthetic Staple Fibers Yarn ($82.5M), Knotted Carpets ($71.9M), Flavored Water ($43.5M), Nutmeg, mace and cardamons ($35.7M), and Other Plastic Products ($30.5M).
Imports
In 2018 Nepal imported $10.1B, making it the number 102 trade destination in the world. During the last five reported years the imports of Nepal changed by $3.49B from $6.63B in 2013 to $10.1B in 2018.
The most recent imports of Nepal are led by Refined Petroleum ($1.35B), Semi-Finished Iron ($585M), Planes, Helicopters, and/or Spacecraft ($292M), Gold ($279M), and Petroleum Gas ($266M).
Trade Balance
As of 2018 Nepal had a negative trade balance of $8.75B in net imports. As compared to their trade balance in 1995 when they still had a negative trade balance of $262M in net imports.
Destinations
The most common destination for the exports of Nepal are India ($394M), United States ($99.1M), Turkey ($40M), Germany ($32M), and United Kingdom ($26.6M).
Origins
The most common import partners for Nepal are India ($7.26B), China ($1.08B), United Arab Emirates ($395M), France ($275M), and Hong Kong ($220M).