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2023
Exports $24.3kWorld Rnk 125 / 191
Flag Rnk 344 / 721
2023
Destination $22.8k Iceland
2022 - 2023
FASTEST GROWING MARKET $22.8kIceland
2023
PRODUCT COMPLEXITY IN Knit Men's Undergarments-1.47Rnk 942 / 1025
2023
Imports $10.7MWorld Rnk 64 / 214
Flag Rnk 175 / 1139
2023
Origin $6.67M China
2022 - 2023
FASTEST GROWING ORIGIN $6.67MChina

About

Exports In 2023, Nepal exported $24.3k in Knit Men's Undergarments, making it the 125th largest exporter of Knit Men's Undergarments in the world. At the same year, Knit Men's Undergarments was the 344th most exported product in Nepal. The main destination of Knit Men's Undergarments exports from Nepal are: Iceland ($22.8k), India ($593), Hungary ($311), Austria ($172), and Portugal ($165).

The fastest growing export markets for Knit Men's Undergarments of Nepal between 2022 and 2023 were Iceland ($22.8k), Hungary ($311), and Austria ($172).

Imports In 2023, Nepal imported $10.7M in Knit Men's Undergarments, becoming the 64th largest importer of Knit Men's Undergarments in the world. At the same year, Knit Men's Undergarments was the 175th most imported product in Nepal. Nepal imports Knit Men's Undergarments primarily from: China ($8.94M), India ($1.78M), Hong Kong ($1.35k), United Arab Emirates ($1.08k), and Thailand ($222).

The fastest growing import markets in Knit Men's Undergarments for Nepal between 2022 and 2023 were China ($6.67M), India ($79k), and Hong Kong ($1.09k).

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 Knit Men's Undergarments. 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)$24.3k
IMPORTS (2023)$10.7M
NET TRADE (2023)-$10.7M

In 2023, Nepal exported $24.3k in Knit Men's Undergarments. The main destinations of Nepal exports on Knit Men's Undergarments were Iceland ($22.8k), India ($593), Hungary ($311), Austria ($172), and Portugal ($165).

In 2023, Nepal imported $10.7M in Knit Men's Undergarments, mainly from China ($8.94M), India ($1.78M), Hong Kong ($1.35k), United Arab Emirates ($1.08k), and Thailand ($222).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Undergarments EXPORT MARKETS FOR Nepal WERE (2022 - 2023):
Iceland$22.8k (1%)
Hungary$311 (1%)
Austria$172 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Undergarments BY Nepal WERE (2022 - 2023):
United States-$4k (-100%)
India-$1.02k (-63.3%)
Belgium-$532 (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nepal's main exporting competitors in Knit Men's Undergarments were:
China $2.48B
Bangladesh $1.08B
Vietnam $638M
In 2023, Nepal's main importing competitors in Knit Men's Undergarments were:
United States $1.71B
Germany $562M
Japan $412M

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Trade Value of Knit Men's Undergarments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $13.4k
TOP IMPORT POTENTIALChina+ $1.95M

Knit Men's Undergarments’s highest export potential is United States. With an export gap of $13.4k.   Knit Men's Undergarments’s highest import potential is China with an import gap of $1.95M.

See methodology.

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