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Exports In 2023, Nepal exported $1.69M in Knit T-shirts, making it the 105th largest exporter of Knit T-shirts in the world. At the same year, Knit T-shirts was the 70th most exported product in Nepal. The main destination of Knit T-shirts exports from Nepal are: United Kingdom ($595k), Germany ($366k), United States ($103k), Switzerland ($65.6k), and Italy ($64.2k).

The fastest growing export markets for Knit T-shirts of Nepal between 2022 and 2023 were Germany ($252k), United Kingdom ($63.8k), and Denmark ($31.5k).

Imports In 2023, Nepal imported $27.2M in Knit T-shirts, becoming the 95th largest importer of Knit T-shirts in the world. At the same year, Knit T-shirts was the 72nd most imported product in Nepal. Nepal imports Knit T-shirts primarily from: China ($23.3M), India ($3.39M), United Arab Emirates ($230k), Hong Kong ($74.7k), and Malaysia ($74.1k).

The fastest growing import markets in Knit T-shirts for Nepal between 2022 and 2023 were India ($414k), United Arab Emirates ($204k), and Malaysia ($63.5k).

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 T-shirts. 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)$1.69M
IMPORTS (2023)$27.2M
NET TRADE (2023)-$25.5M

In 2023, Nepal exported $1.69M in Knit T-shirts. The main destinations of Nepal exports on Knit T-shirts were United Kingdom ($595k), Germany ($366k), United States ($103k), Switzerland ($65.6k), and Italy ($64.2k).

In 2023, Nepal imported $27.2M in Knit T-shirts, mainly from China ($23.3M), India ($3.39M), United Arab Emirates ($230k), Hong Kong ($74.7k), and Malaysia ($74.1k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knit T-shirts EXPORT MARKETS FOR Nepal WERE (2022 - 2023):
Germany$252k (221%)
United Kingdom$63.8k (12%)
Denmark$31.5k (130%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit T-shirts BY Nepal WERE (2022 - 2023):
India-$131k (-84.7%)
Poland-$63k (-98.8%)
Czechia-$35.1k (-90.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nepal's main exporting competitors in Knit T-shirts were:
China $8.58B
Turkey $2.98B
In 2023, Nepal's main importing competitors in Knit T-shirts were:

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Trade Value of Knit T-shirts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $620k
TOP IMPORT POTENTIALChina+ $10.3M

Knit T-shirts’s highest export potential is United States. With an export gap of $620k.   Knit T-shirts’s highest import potential is China with an import gap of $10.3M.

See methodology.

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