2022
Exports | Imports
$121k | $362kWorld Rnk 58 / 166
Flag Rnk 223 / 763
World Rnk 90 / 204
Flag Rnk 759 / 1176
2022
PRODUCT COMPLEXITY IN Musical Instrument Parts
1.12Rnk 128 / 1025

About

Exports In 2022, Nepal exported $121k in Musical Instrument Parts, making it the 58th largest exporter of Musical Instrument Parts in the world. At the same year, Musical Instrument Parts was the 223rd most exported product in Nepal. The main destination of Musical Instrument Parts exports from Nepal are: China ($38.8k), Switzerland ($16.5k), South Korea ($12.3k), United States ($9.65k), and Chile ($7.75k).

The fastest growing export markets for Musical Instrument Parts of Nepal between 2021 and 2022 were China ($35.2k), South Korea ($8.91k), and Switzerland ($8.19k).

Imports In 2022, Nepal imported $362k in Musical Instrument Parts, becoming the 90th largest importer of Musical Instrument Parts in the world. At the same year, Musical Instrument Parts was the 759th most imported product in Nepal. Nepal imports Musical Instrument Parts primarily from: China ($202k), United States ($85.1k), India ($24.3k), Singapore ($12k), and South Korea ($11.3k).

The fastest growing import markets in Musical Instrument Parts for Nepal between 2021 and 2022 were China ($149k), United States ($29.8k), and South Korea ($9.7k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Musical Instrument Parts from Nepal to the United States.

Latest Trends

Feb 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 Musical Instrument Parts. 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)$121k
IMPORTS (2022)$362k
NET TRADE (2022)-$241k

In 2022, Nepal exported $121k in Musical Instrument Parts. The main destinations of Nepal exports on Musical Instrument Parts were China ($38.8k), Switzerland ($16.5k), South Korea ($12.3k), United States ($9.65k), and Chile ($7.75k).

In 2022, Nepal imported $362k in Musical Instrument Parts, mainly from China ($202k), United States ($85.1k), India ($24.3k), Singapore ($12k), and South Korea ($11.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Musical Instrument Parts EXPORT MARKETS FOR Nepal WERE (2021 - 2022):
China$35.2k (994%)
South Korea$8.91k (260%)
Switzerland$8.19k (98.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Musical Instrument Parts BY Nepal WERE (2021 - 2022):
Chile-$6.9k (-47.1%)
Russia-$6.11k (-100%)
Australia-$4.16k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nepal's main exporting competitors in Musical Instrument Parts were:
In 2022, Nepal's main importing competitors in Musical Instrument Parts were:

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Trade Value of Musical Instrument Parts by Exporters

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