Nepal-India Trade: In 2022, Nepal exported $956M to India. The main products that Nepal exported to India were Palm Oil ($184M), Soybean Oil ($180M), and Non-Retail Synthetic Staple Fibers Yarn ($65.7M). Over the past 5 years the exports of Nepal to India have increased at an annualized rate of 13.5%, from $508M in 2017 to $956M in 2022.
In 2022, Nepal did not export any services to India.
India-Nepal Trade: In 2022, India exported $8.66B to Nepal. The main products that India exported to Nepal were Refined Petroleum ($2.22B), Petroleum Gas ($503M), and Rice ($320M). Over the past 5 years the exports of India to Nepal have increased at an annualized rate of 7.85%, from $5.93B in 2017 to $8.66B in 2022.
In 2022, India did not export any services to Nepal.
Comparison In 2022, Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index. That same year, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).