2022
Exports
$92.3MWorld Rnk 12 / 130
Flag Rnk 3 / 763
2022
PRODUCT COMPLEXITY IN Non-Retail Synthetic Staple Fibers Yarn
-0.25Rnk 631 / 1025
2022
Imports
$9.6MWorld Rnk 71 / 193
Flag Rnk 215 / 1176

About

Exports In 2022, Nepal exported $92.3M in Non-Retail Synthetic Staple Fibers Yarn, making it the 12th largest exporter of Non-Retail Synthetic Staple Fibers Yarn in the world. At the same year, Non-Retail Synthetic Staple Fibers Yarn was the 3rd most exported product in Nepal. The main destination of Non-Retail Synthetic Staple Fibers Yarn exports from Nepal are: India ($65.7M), Turkey ($25.8M), Vietnam ($336k), United Arab Emirates ($152k), and Kenya ($130k).

The fastest growing export markets for Non-Retail Synthetic Staple Fibers Yarn of Nepal between 2021 and 2022 were India ($12.6M), Turkey ($7.01M), and Vietnam ($237k).

Imports In 2022, Nepal imported $9.6M in Non-Retail Synthetic Staple Fibers Yarn, becoming the 71st largest importer of Non-Retail Synthetic Staple Fibers Yarn in the world. At the same year, Non-Retail Synthetic Staple Fibers Yarn was the 215th most imported product in Nepal. Nepal imports Non-Retail Synthetic Staple Fibers Yarn primarily from: India ($8.71M), China ($863k), United States ($17.5k), Turkey ($9.46k), and Burma ($89).

The fastest growing import markets in Non-Retail Synthetic Staple Fibers Yarn for Nepal between 2021 and 2022 were India ($449k), China ($245k), and Turkey ($5.31k).

Latest Trends

May 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 Non-Retail Synthetic Staple Fibers Yarn. 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)$92.3M
IMPORTS (2022)$9.6M
NET TRADE (2022)$82.7M

In 2022, Nepal exported $92.3M in Non-Retail Synthetic Staple Fibers Yarn. The main destinations of Nepal exports on Non-Retail Synthetic Staple Fibers Yarn were India ($65.7M), Turkey ($25.8M), Vietnam ($336k), United Arab Emirates ($152k), and Kenya ($130k).

In 2022, Nepal imported $9.6M in Non-Retail Synthetic Staple Fibers Yarn, mainly from India ($8.71M), China ($863k), United States ($17.5k), Turkey ($9.46k), and Burma ($89).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Synthetic Staple Fibers Yarn EXPORT MARKETS FOR Nepal WERE (2021 - 2022):
India$12.6M (23.8%)
Turkey$7.01M (37.3%)
Vietnam$237k (242%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Synthetic Staple Fibers Yarn BY Nepal WERE (2021 - 2022):
Yemen-$235k (-100%)
Singapore-$118k (-100%)
Syria-$92.4k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nepal's main exporting competitors in Non-Retail Synthetic Staple Fibers Yarn were:
In 2022, Nepal's main importing competitors in Non-Retail Synthetic Staple Fibers Yarn were:

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Trade Value of Non-Retail Synthetic Staple Fibers Yarn by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $11.2M
TOP IMPORT POTENTIALIndia+ $2.31M

Non-Retail Synthetic Staple Fibers Yarn’s highest export potential is India. With an export gap of $11.2M.   Non-Retail Synthetic Staple Fibers Yarn’s highest import potential is India with an import gap of $2.31M.

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