2023
Exports
$22kWorld Rnk 182 / 223
Flag Rnk 354 / 721
2023
PRODUCT COMPLEXITY IN Insulated Wire
-0.48Rnk 691 / 1025
2023
Imports
$66.7MWorld Rnk 104 / 225
Flag Rnk 26 / 1139

About

Exports In 2023, Nepal exported $22k in Insulated Wire, making it the 182nd largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 354th most exported product in Nepal. The main destination of Insulated Wire exports from Nepal are: Czechia ($6.23k), Israel ($5k), India ($3.54k), Denmark ($2.28k), and Germany ($1.42k).

The fastest growing export markets for Insulated Wire of Nepal between 2022 and 2023 were Czechia ($6.23k), Israel ($5k), and Denmark ($2.28k).

Imports In 2023, Nepal imported $66.7M in Insulated Wire, becoming the 104th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 26th most imported product in Nepal. Nepal imports Insulated Wire primarily from: N/A.

The fastest growing import markets in Insulated Wire for Nepal between 2022 and 2023 were India ($7.35M), China ($1.01M), and Japan ($459k).

Latest Trends

Dec 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 Insulated 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 (2023)$22k
IMPORTS (2023)$66.7M
NET TRADE (2023)-$66.7M

In 2023, Nepal exported $22k in Insulated Wire. The main destinations of Nepal exports on Insulated Wire were Czechia ($6.23k), Israel ($5k), India ($3.54k), Denmark ($2.28k), and Germany ($1.42k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Nepal WERE (2022 - 2023):
Czechia$6.23k (1%)
Israel$5k (1%)
Denmark$2.28k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Nepal WERE (2022 - 2023):
United Kingdom-$26.7k (-100%)
India-$22.5k (-86.4%)
United States-$5.12k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nepal's main exporting competitors in Insulated Wire were:
In 2023, Nepal's main importing competitors in Insulated Wire were:

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Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $98.6k
TOP IMPORT POTENTIALChina+ $19.3M

Insulated Wire’s highest export potential is India. With an export gap of $98.6k.   Insulated Wire’s highest import potential is China with an import gap of $19.3M.

See methodology.

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