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Exports In 2022, Nepal exported $17.5M in Machines, making it the 151st largest exporter of Machines in the world. At the same year, Machines was the 10th most exported product in Nepal. The main destination of Machines exports from Nepal are: India ($6.45M), Germany ($4.02M), Singapore ($1.92M), Hong Kong ($1.78M), and Canada ($916k).

The fastest growing export markets for Machines of Nepal between 2021 and 2022 were Germany ($3.6M), Singapore ($1.67M), and Canada ($874k).

Imports In 2022, Nepal imported $1.66B in Machines, becoming the 113th largest importer of Machines in the world. At the same year, Machines was the 2nd most imported product in Nepal. Nepal imports Machines primarily from: India ($782M), China ($587M), Canada ($32.7M), Singapore ($30.9M), and United Arab Emirates ($27.9M).

The fastest growing import markets in Machines for Nepal between 2021 and 2022 were Canada ($23.8M), Austria ($9.33M), and France ($5.21M).

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 Machines. 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)$17.5M
IMPORTS (2022)$1.66B
NET TRADE (2022)-$1.64B

In 2022, Nepal exported $17.5M in Machines. The main destinations of Nepal exports on Machines were India ($6.45M), Germany ($4.02M), Singapore ($1.92M), Hong Kong ($1.78M), and Canada ($916k).

In 2022, Nepal imported $1.66B in Machines, mainly from India ($782M), China ($587M), Canada ($32.7M), Singapore ($30.9M), and United Arab Emirates ($27.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Machines EXPORT MARKETS FOR Nepal WERE (2021 - 2022):
Germany$3.6M (862%)
Singapore$1.67M (671%)
Canada$874k (2.04k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machines BY Nepal WERE (2021 - 2022):
United Arab Emirates-$923k (-65.9%)
India-$733k (-10.2%)
United States-$655k (-74.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $9.1M
TOP IMPORT POTENTIALChina+ $652M

Machines’s highest export potential is India. With an export gap of $9.1M.   Machines’s highest import potential is China with an import gap of $652M.

See methodology.

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