2023
Exports
$19.3MWorld Rnk 177 / 224
Flag Rnk 10 / 21
2023
PRODUCT COMPLEXITY IN Mineral Products
0.38Rnk 423 / 1025
2023
Imports
$2.37BWorld Rnk 97 / 226
Flag Rnk 1 / 21

About

The fastest growing export markets for Mineral Products of Nepal between 2022 and 2023 were India ($17.9M), Saudi Arabia ($81.4k), and Iceland ($13.7k).

Imports In 2023, Nepal imported $2.37B in Mineral Products, becoming the 97th largest importer of Mineral Products in the world. At the same year, Mineral Products was the 1st most imported product in Nepal. Nepal imports Mineral Products primarily from: India ($2.36B), United Arab Emirates ($4.66M), Singapore ($2.35M), Malaysia ($1.38M), and China ($507k).

The fastest growing import markets in Mineral Products for Nepal between 2022 and 2023 were Sweden ($47.6k), Thailand ($44.6k), and France ($29.2k).

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 Mineral Products. 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)$19.3M
IMPORTS (2023)$2.37B
NET TRADE (2023)-$2.35B

In 2023, Nepal imported $2.37B in Mineral Products, mainly from India ($2.36B), United Arab Emirates ($4.66M), Singapore ($2.35M), Malaysia ($1.38M), and China ($507k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Mineral Products EXPORT MARKETS FOR Nepal WERE (2022 - 2023):
India$17.9M (1.38k%)
Saudi Arabia$81.4k (1%)
Iceland$13.7k (32.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mineral Products BY Nepal WERE (2022 - 2023):
Bhutan-$3.38M (-100%)
Pakistan-$17.4k (-100%)
Poland-$1.66k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nepal's main exporting competitors in Mineral Products were:
In 2023, Nepal's main importing competitors in Mineral Products were:

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Trade Value of Mineral Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $1.46M
TOP IMPORT POTENTIALIndia+ $195M

Mineral Products’s highest export potential is India. With an export gap of $1.46M.   Mineral Products’s highest import potential is India with an import gap of $195M.

See methodology.

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