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Exports In 2022, Nepal exported $58.2k in Copper Wire, making it the 104th largest exporter of Copper Wire in the world. At the same year, Copper Wire was the 286th most exported product in Nepal. The main destination of Copper Wire exports from Nepal are: United States ($15.9k), Belgium ($8.54k), United Kingdom ($5.35k), Canada ($4.51k), and Chinese Taipei ($4.45k).

The fastest growing export markets for Copper Wire of Nepal between 2021 and 2022 were Belgium ($8.54k), United Kingdom ($4.7k), and Canada ($4.51k).

Imports In 2022, Nepal imported $45.6M in Copper Wire, becoming the 61st largest importer of Copper Wire in the world. At the same year, Copper Wire was the 47th most imported product in Nepal. Nepal imports Copper Wire primarily from: United Arab Emirates ($34.4M), India ($11.1M), China ($164k), and Turkey ($1.53k).

The fastest growing import markets in Copper Wire for Nepal between 2021 and 2022 were India ($2.85M), China ($137k), and Turkey ($1.53k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
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 Copper Wire. 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

Trade Balance

Color
EXPORTS (2022)$58.2k
IMPORTS (2022)$45.6M
NET TRADE (2022)-$45.6M

In 2022, Nepal exported $58.2k in Copper Wire. The main destinations of Nepal exports on Copper Wire were United States ($15.9k), Belgium ($8.54k), United Kingdom ($5.35k), Canada ($4.51k), and Chinese Taipei ($4.45k).

In 2022, Nepal imported $45.6M in Copper Wire, mainly from United Arab Emirates ($34.4M), India ($11.1M), China ($164k), and Turkey ($1.53k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Wire EXPORT MARKETS FOR Nepal WERE (2021 - 2022):
Belgium$8.54k (1%)
United Kingdom$4.7k (716%)
Canada$4.51k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Wire BY Nepal WERE (2021 - 2022):
Russia-$7.15k (-99.2%)
Australia-$892 (-55.9%)
Hungary-$793 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nepal's main exporting competitors in Copper Wire were:
In 2022, Nepal's main importing competitors in Copper Wire were:

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Trade Value of Copper Wire by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $43.7k
TOP IMPORT POTENTIALIndia+ $2.84M

Copper Wire’s highest export potential is United States. With an export gap of $43.7k.   Copper Wire’s highest import potential is India with an import gap of $2.84M.

See methodology.

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