Nepal

Compare Nepal →

NP · NPL · BACI 524 · latest data 2024

Exports

$1.2B USD, nominal · 2024

= $1,240 M9.7% over 5 yrs (up)

Imports

$10.3B USD, nominal · 2024

= $10,294 M20.2% over 5 yrs (down)

Trade balancedeficit

−$9.1B USD, nominal · 2024

= −$9,055 M

Total trade

$11.5B USD, nominal · 2024

= $11,534 M17.8% over 5 yrs (down)

World position: #150 of 225 exporters · bottom half · #112 of 225 importers · top half · 2024
World export share since 1995: ±0.0 pp

Trade timeline

Nepal's exports grew from $367M in 1995 to $1.2B in 2024; the 2024 balance was −$9.1B.

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Exports, imports, trade balance and total trade of Nepal per year, USD millions.
Year	Exports ($M)	Imports ($M)	Balance ($M)	Total ($M)
1995	$367 M	$709 M	−$342 M	$1,076 M
1996	$405 M	$608 M	−$204 M	$1,013 M
1997	$456 M	$613 M	−$156 M	$1,069 M
1998	$547 M	$1,445 M	−$898 M	$1,992 M
1999	$665 M	$1,638 M	−$973 M	$2,304 M
2000	$837 M	$1,679 M	−$842 M	$2,517 M
2001	$727 M	$664 M	$62 M	$1,391 M
2002	$564 M	$671 M	−$107 M	$1,235 M
2003	$788 M	$1,946 M	−$1,157 M	$2,734 M
2004	$679 M	$1,233 M	−$554 M	$1,911 M
2005	$682 M	$1,293 M	−$611 M	$1,975 M
2006	$614 M	$1,458 M	−$844 M	$2,072 M
2007	$770 M	$2,060 M	−$1,290 M	$2,830 M
2008	$965 M	$2,585 M	−$1,620 M	$3,550 M
2009	$862 M	$4,030 M	−$3,169 M	$4,892 M
2010	$1,008 M	$5,510 M	−$4,502 M	$6,517 M
2011	$999 M	$6,522 M	−$5,523 M	$7,522 M
2012	$929 M	$6,961 M	−$6,032 M	$7,890 M
2013	$934 M	$7,468 M	−$6,534 M	$8,402 M
2014	$1,111 M	$8,310 M	−$7,199 M	$9,421 M
2015	$931 M	$7,139 M	−$6,208 M	$8,070 M
2016	$925 M	$9,463 M	−$8,538 M	$10,388 M
2017	$916 M	$10,639 M	−$9,723 M	$11,555 M
2018	$925 M	$13,364 M	−$12,438 M	$14,289 M
2019	$1,130 M	$12,899 M	−$11,769 M	$14,030 M
2020	$1,007 M	$10,081 M	−$9,074 M	$11,087 M
2021	$1,789 M	$16,078 M	−$14,289 M	$17,868 M
2022	$1,469 M	$13,924 M	−$12,455 M	$15,392 M
2023	$1,211 M	$10,277 M	−$9,066 M	$11,488 M
2024	$1,239 M	$10,294 M	−$9,055 M	$11,534 M

30 rows

World share & rank

World export share moved from 0.0% in 1995 to 0.0% in 2024; export rank #134 → #150.

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World export and import share in percent, and world ranks, of Nepal per year.
Year	Export share (%)	Import share (%)	Export rank	Import rank
1995	0.01%	0.01%	#134	#133
1996	0.01%	0.01%	#137	#144
1997	0.01%	0.01%	#136	#147
1998	0.01%	0.03%	#133	#115
1999	0.01%	0.03%	#128	#111
2000	0.01%	0.03%	#129	#120
2001	0.01%	0.01%	#133	#150
2002	0.01%	0.01%	#141	#158
2003	0.01%	0.03%	#137	#119
2004	0.01%	0.01%	#149	#151
2005	0.01%	0.01%	#152	#156
2006	0.01%	0.01%	#159	#157
2007	0.01%	0.01%	#155	#150
2008	0.01%	0.02%	#154	#152
2009	0.01%	0.03%	#154	#131
2010	0.01%	0.04%	#152	#118
2011	0.01%	0.04%	#159	#123
2012	0.01%	0.04%	#160	#124
2013	0.01%	0.04%	#159	#121
2014	0.01%	0.05%	#157	#119
2015	0.01%	0.04%	#157	#120
2016	0.01%	0.06%	#160	#101
2017	0.01%	0.06%	#165	#97
2018	0.00%	0.07%	#161	#91
2019	0.01%	0.07%	#156	#91
2020	0.01%	0.06%	#156	#100
2021	0.01%	0.08%	#149	#87
2022	0.01%	0.06%	#153	#103
2023	0.01%	0.05%	#155	#116
2024	0.01%	0.05%	#150	#112

30 rows

Trading partners

India was Nepal's top trading partner in 2024, at 67.8% of total trade; the top five partners covered 91.8%.

Year

Top partner share: 67.8%
Top-5 share: 91.8%
Partners: 113
Partner HHI (0–1): 0.497

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India $868M

United States $126M

Germany $35M

China $27M

France $22M

United Kingdom $21M

Australia $13M

Canada $11M

Türkiye $7M

South Korea $7M

Hong Kong $6M

Singapore $4M

Malaysia $1M

Thailand $1M

Israel $0M

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Top partners of Nepal in 2024, USD millions.
Rank	Partner	Exports to ($M)	Imports from ($M)	Total ($M)	Balance ($M)
#1	India	$868 M	$6,951 M	$7,819 M	−$6,083 M
#2	China	$27 M	$2,158 M	$2,185 M	−$2,131 M
#3	Singapore	$4 M	$242 M	$246 M	−$238 M
#4	United States	$126 M	$94 M	$220 M	$32 M
#5	Australia	$13 M	$100 M	$113 M	−$87 M
#6	France	$22 M	$62 M	$84 M	−$40 M
#7	Hong Kong	$6 M	$76 M	$82 M	−$71 M
#8	Germany	$35 M	$36 M	$72 M	−$1 M
#9	South Korea	$7 M	$46 M	$53 M	−$39 M
#10	Israel	$0 M	$50 M	$50 M	−$49 M
#11	Canada	$11 M	$38 M	$49 M	−$26 M
#12	Türkiye	$7 M	$37 M	$44 M	−$30 M
#13	Thailand	$1 M	$42 M	$42 M	−$41 M
#14	United Kingdom	$21 M	$18 M	$39 M	$3 M
#15	Malaysia	$1 M	$35 M	$37 M	−$34 M

15 rows

Products & sectors

Product composition of Nepal's trade in 2024.

Year

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Concentration & risk

Nepal's export partners concentrated over 1995–2024 — HHI 0.269 → 0.503, a concentrated export base across 111 partners in 2024.

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Export and import partner HHI (0–1) and partner counts of Nepal per year.
Year	Export HHI	Import HHI	Export partners	Import partners
1995	0.269	0.125	55	46
1996	0.236	0.131	64	51
1997	0.203	0.122	75	62
1998	0.227	0.087	82	79
1999	0.229	0.168	81	83
2000	0.249	0.112	102	77
2001	0.323	0.153	91	70
2002	0.314	0.196	102	73
2003	0.310	0.262	106	109
2004	0.312	0.384	104	81
2005	0.357	0.436	105	82
2006	0.308	0.433	116	78
2007	0.393	0.393	118	83
2008	0.438	0.447	115	80
2009	0.388	0.307	166	146
2010	0.387	0.375	160	153
2011	0.399	0.372	152	163
2012	0.336	0.367	158	153
2013	0.361	0.348	153	154
2014	0.395	0.393	145	152
2015	0.400	0.348	148	166
2016	0.340	0.415	159	169
2017	0.335	0.384	153	151
2018	0.319	0.410	140	148
2019	0.475	0.417	141	155
2020	0.498	0.427	144	175
2021	0.626	0.397	151	169
2022	0.475	0.422	150	177
2023	0.466	0.528	111	83
2024	0.503	0.501	111	80

30 rows

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