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2019
Exports $402World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Iron Ore-1.79Rnk 980 / 1025
2019
Imports $4.16MWorld Rnk 55 / 130
Flag Rnk 352 / 1176

About

Imports In 2022, Nepal imported $4.16M in Iron Ore, becoming the 55th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 352nd most imported product in Nepal. Nepal imports Iron Ore primarily from: India ($4.16M).

Latest Trends

Sep 2024

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 Iron Ore. 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 (2019)$402
IMPORTS (2022)$4.16M
NET TRADE (2022)-$4.16M

In 2022, Nepal imported $4.16M in Iron Ore, mainly from India ($4.16M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
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Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Nepal's main exporting competitors in Iron Ore were:
Australia $87.9B
Brazil $30.1B
Canada $6.81B
In 2022, Nepal's main importing competitors in Iron Ore were:
China $103B
Japan $11.3B
South Korea $7.58B

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $1.47k
TOP IMPORT POTENTIALIndia+ $2.65M

Iron Ore’s highest export potential is China. With an export gap of $1.47k.   Iron Ore’s highest import potential is India with an import gap of $2.65M.

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