China / Nepal

Overview In May 2024, China exported $204M and imported $2.74M from Nepal, resulting in a positive trade balance of $201M. Between May 2023 and May 2024 the exports of China have increased by $66.5M (48.3%) from $138M to $204M, while imports decreased by $-528k (-16.1%) from $3.27M to $2.74M.

Trade In May 2024, the top exports of China to Nepal were Telephones ($9.22M), Apples and Pears ($5.61M), Other knitted or crocheted fabrics. ($3.78M), Synthetic Filament Yarn Woven Fabric ($2.99M), and Light Fixtures ($2.84M). In May 2024 the top imports of China from Nepal were Bells and Other Metal Ornaments ($483k), Knotted Carpets ($230k), Scarves ($134k), Essential Oils ($63.6k), and Mattresses ($38.8k).

Origins In May 2024 the exports of China were mainly from Tibet Autonomous Region ($53.8M), Guangdong Province ($37.9M), Zhejiang Province ($24.4M), Hubei Province ($10.8M), and Shandong Province ($10.5M), while imports destinations were mainly Tibet Autonomous Region ($1.39M), Shanghai Province ($390k), Guangdong Province ($356k), Sichuan Province ($228k), and Liaoning Province ($142k).

Growth In May 2024, the increase in China's year-by-year exports to Nepal was explained primarily by an increase in product exports in Washing and Bottling Machines ($2.06M or 967%), Inhalable tobacco/nicotine products ($1.99M or 9.84k%), and Blank Audio Media ($1.02M or 950%). In May 2024, the decrease in China's year-by-year imports  from Nepal was explained primarily by an decrease in product imports  in Blankets ($-195k or -97.8%), Mattresses ($-86k or -68.9%), and Percussion ($-73.4k or -75.1%).