HS Icon Cars in  Flag Nepal

2021
Exports | Imports
: $1.66M | $205M, World Rnk 112 / 218
Flag Rnk 75 / 707 | World Rnk 115 / 226
Flag Rnk 15 / 1177

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $1.59M | $79.6M, Lebanon |  India

2021
PRODUCT COMPLEXITY IN Cars
: 0.9, Rnk 202 / 1029

Exports In 2021, Nepal exported $1.66M in Cars, making it the 112th largest exporter of Cars in the world. At the same year, Cars was the 75th most exported product in Nepal. The main destination of Cars exports from Nepal are: Lebanon ($1.61M), United Kingdom ($18.1k), India ($15.5k), Spain ($13.9k), and Egypt ($96).

The fastest growing export markets for Cars of Nepal between 2020 and 2021 were Lebanon ($1.59M), United Kingdom ($18.1k), and Spain ($13.9k).

Imports In 2021, Nepal imported $205M in Cars, becoming the 115th largest importer of Cars in the world. At the same year, Cars was the 15th most imported product in Nepal. Nepal imports Cars primarily from: India ($151M), China ($24M), Japan ($8.23M), Thailand ($7.46M), and South Korea ($5.57M).

The fastest growing import markets in Cars for Nepal between 2020 and 2021 were India ($79.6M), China ($18.5M), and Thailand ($5.11M).

Tariffs In 2018, the average tariff for Nepal in Cars was 68%. The countries with the highest import tariffs for Cars were Angola (Most Favoured Nation duty rate treatment, 68%), Burundi (Most Favoured Nation duty rate treatment, 68%), Benin (Most Favoured Nation duty rate treatment, 68%), Burkina Faso (Most Favoured Nation duty rate treatment, 68%), and Botswana (Most Favoured Nation duty rate treatment, 68%).

Apr 2023

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Cars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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EXPORTS (2021): $1.66M

IMPORTS (2021): $205M

NET TRADE (2021): -$203M

In 2021, Nepal exported $1.66M in Cars. The main destinations of Nepal exports on Cars were Lebanon ($1.61M), United Kingdom ($18.1k), India ($15.5k), Spain ($13.9k), and Egypt ($96).

In 2021, Nepal imported $205M in Cars, mainly from India ($151M), China ($24M), Japan ($8.23M), Thailand ($7.46M), and South Korea ($5.57M).

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Flow

THE FASTEST GROWING Cars EXPORT MARKETS FOR Nepal WERE (2020 - 2021):

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Market Concentration

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In 2021, Nepal's main exporting competitors in Cars were:

In 2021, Nepal's main importing competitors in Cars were:

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