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Pricing

2023
Flag → Flag
Exports $52.4MRnk 168 / 220
2023
Flag → Flag
Top Product $6.78MSoybeans
2023
Flag → Flag
Exports $140MRnk 2 / 111
2023
Flag → Flag
Top Product $54.2MKnotted Carpets
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag  
GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
Flag
 GDP$40.9BCURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP GROWTH84.6%CURRENT US$
Rnk 26 / 195
2023
Flag
GDP PC $82,769CURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195
2023
Flag
GDP PC$1,378CURRENT US$
Rnk 169 / 196
2013-2023
Flag
GDP PC GROWTH71.5%CURRENT US$
Rnk 24 / 195

About

United States-Nepal Trade: In 2023, United States exported $52.4M to Nepal. The main products that United States exported to Nepal were Soybeans ($6.78M), Soybean Meal ($6.47M), and Computers ($5.71M). Over the past 5 years the exports of United States to Nepal have decreased at an annualized rate of 11%, from $93.8M in 2018 to $52.4M in 2023.

In 2023, United States did not export any services to Nepal.

Nepal-United States Trade: In 2023, Nepal exported $140M to United States. The main products that Nepal exported to United States were Knotted Carpets ($54.2M), Animal Food ($24.5M), and Other Cloth Articles ($10.3M). Over the past 5 years the exports of Nepal to United States have increased at an annualized rate of 4.98%,  from $110M in 2018 to $140M in 2023.

In 2023, Nepal did not export any services to United States.

Comparison In 2023,  United States ranked 10 in the Economic Complexity Index (ECI 1.5),  and 2 in total exports ($1.86T). That same year, Nepal ranked 156 in total exports ($1.21B), and does not have data regarding Economic Complexity Index.

Company data: In 2023, leading companies such as were at the forefront of exporting goods from Nepal to the United States. Conversely, were notable for importing products to Nepal from the United States.

Latest Trends

November, 2024

About

Overview In November 2024, United States exported $18.4M and imported $8.09M from Nepal, resulting in a positive trade balance of $10.3M. Between November 2023 and November 2024 the exports of United States have increased by $13.5M (275%) from $4.92M to $18.4M, while imports increased by $1.07M (15.3%) from $7.02M to $8.09M.

Trade In November 2024, the top exports of United States to Nepal were Computers ($1.03M), Artificial Filament Tow ($770k), Soybeans ($452k), Aircraft parts (gliders, balloons, and powered... ($387k), and Commodities not elsewhere specified ($306k). In November 2024 the top imports of United States from Nepal were Knotted Carpets ($3.89M), Animal Food ($1.3M), Bedspreads ($393k), Hand-Woven Rugs ($311k), and Other Cloth Articles ($265k).

Origins In November 2024 the exports of United States were mainly from Maryland ($5.12M), Iowa ($4.38M), New Jersey ($1.62M), Texas ($928k), and California ($802k), while imports destinations were mainly New York ($1.58M), Washington ($1.03M), California ($991k), Maryland ($962k), and New Jersey ($869k).

Growth In November 2024, the increase in United States's year-by-year exports to Nepal was explained primarily by an increase in product exports in Aircraft parts (gliders, balloons, and powered... ($175k or 82.4%), Sauces and Seasonings ($96.3k or 428%), and Beauty Products ($81.5k or 146%). In November 2024, the increase in United States's year-by-year imports  from Nepal was explained primarily by an increase in product imports  in Knotted Carpets ($427k or 12.3%), Animal Food ($392k or 43.1%), and Bedspreads ($142k or 56.5%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$13.5M(275%)
IMPORT GROWTH (November 2023 - November 2024)$1.07M(15.3%)
MAIN EXPORTER (November 2024)Maryland$5.12M

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Nepal and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Nepal and United States Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United States exported $52.4M to Nepal. The main products exported from United States to Nepal were Soybeans ($6.78M), Soybean Meal ($6.47M), and Computers ($5.71M). During the last 5 years the exports of United States to Nepal have decreased at an annualized rate of 11%, from $93.8M in 2018 to $52.4M in 2023.

In 2018, Nepal exported $140M to United States. The main products exported from Nepal to United States were Knotted Carpets ($54.2M), Animal Food ($24.5M), and Other Cloth Articles ($10.3M). During the last 5 years the exports of Nepal to United States have increased at an annualized rate of 4.98%, from $110M in 2023 to $140M in 2018.

Exports from United States (Flag) to Nepal (Flag) (2023)

Exports from Nepal (Flag) to United States (Flag) (2023)

Market Competitiveness

Color
United States
Top DestinationCanada$269B
Nepal
Top DestinationIndia$811M

This map shows whether countries import more from United States or Nepal. Each country is colored based on the difference in imports they receive from United States and Nepal or the difference in the growth in imports.

In 2023, countries that imported more from United States than Nepal included Canada ($269B), Mexico ($243B), and China ($154B).

In 2023, no countries were registered that imported more from Nepal than from United States.

Difference in imports from Nepal (Flag) and United States (Flag) (2023)

Comparative Advantage United States - Nepal

Flow
Scale

This chart compares trade between United States and Nepal by product, considering products traded by both, United States and Nepal.

During 2023, United States had a large net trade with Nepal in the exports of Foodstuffs ($11.1M), Machines ($9.89M), and Vegetable Products ($8.78M).

During 2018, Nepal had a large net trade with United States in the exports of Textiles ($86M), Foodstuffs ($27.1M), and Miscellaneous ($6.79M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Nepal+$11.5MCoal Briquettes
Top Product Potential Nepal United States+$8.31MNon-Knit Women's Suits

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United States and Nepal. This means that a dot/product with the flag of United States indicates it has a comparative advantage over Nepal. Similarly, a dot/product with the flag of Nepal indicates it has a comparative advantage over United States.

Product Space of United States (Flag) and Nepal (Flag) (2023)

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