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2022
Exports $14.4MWorld Rnk 105 / 223
Flag Rnk 22 / 95
2022
Destination $460k India
2021 - 2022
FASTEST GROWING MARKET $460kNiger
2022
PRODUCT COMPLEXITY IN Pharmaceutical products1.38Rnk 75 / 1025
2022
Imports $433MWorld Rnk 97 / 226
Flag Rnk 10 / 96
2022
Origin $22.7M India
2021 - 2022
FASTEST GROWING ORIGIN $22.7MUnited States

About

Exports In 2022, Nepal exported $14.4M in Pharmaceutical products, making it the 105th largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 22nd most exported product in Nepal. The main destination of Pharmaceutical products exports from Nepal are: India ($11.5M), Algeria ($582k), United States ($580k), Niger ($460k), and China ($372k).

The fastest growing export markets for Pharmaceutical products of Nepal between 2021 and 2022 were Niger ($460k), United States ($399k), and Guinea ($194k).

Imports In 2022, Nepal imported $433M in Pharmaceutical products, becoming the 97th largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 10th most imported product in Nepal. Nepal imports Pharmaceutical products primarily from: India ($237M), United States ($95.3M), Belgium ($34.9M), China ($22.6M), and United Kingdom ($9.92M).

The fastest growing import markets in Pharmaceutical products for Nepal between 2021 and 2022 were United States ($22.7M), United Kingdom ($7.49M), and Netherlands ($1.85M).

Latest Trends

Oct 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 Pharmaceutical 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 (2022)$14.4M
IMPORTS (2022)$433M
NET TRADE (2022)-$419M

In 2022, Nepal exported $14.4M in Pharmaceutical products. The main destinations of Nepal exports on Pharmaceutical products were India ($11.5M), Algeria ($582k), United States ($580k), Niger ($460k), and China ($372k).

In 2022, Nepal imported $433M in Pharmaceutical products, mainly from India ($237M), United States ($95.3M), Belgium ($34.9M), China ($22.6M), and United Kingdom ($9.92M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical products EXPORT MARKETS FOR Nepal WERE (2021 - 2022):
Niger$460k (1%)
United States$399k (221%)
Guinea$194k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical products BY Nepal WERE (2021 - 2022):
India-$2.2M (-16.1%)
Tanzania-$144k (-100%)
Qatar-$139k (-71.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nepal's main exporting competitors in Pharmaceutical products were:
Germany $125B
Switzerland $93.8B
United States $90B
In 2022, Nepal's main importing competitors in Pharmaceutical products were:
United States $168B
Germany $71.1B
Switzerland $48.5B

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Trade Value of Pharmaceutical products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $3.66M
TOP IMPORT POTENTIALIndia+ $94.6M

Pharmaceutical products’s highest export potential is India. With an export gap of $3.66M.   Pharmaceutical products’s highest import potential is India with an import gap of $94.6M.

See methodology.

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