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Exports In 2023, Nepal exported $34.8M in Plastics and Rubbers, making it the 118th largest exporter of Plastics and Rubbers in the world. At the same year, Plastics and Rubbers was the 9th most exported product in Nepal. The main destination of Plastics and Rubbers exports from Nepal are: India ($34.2M), United States ($159k), China ($124k), United Arab Emirates ($47.2k), and Switzerland ($42.5k).

The fastest growing export markets for Plastics and Rubbers of Nepal between 2022 and 2023 were India ($4.07M), Netherlands ($31.6k), and United Arab Emirates ($30.3k).

Imports In 2023, Nepal imported $458M in Plastics and Rubbers, becoming the 115th largest importer of Plastics and Rubbers in the world. At the same year, Plastics and Rubbers was the 8th most imported product in Nepal. Nepal imports Plastics and Rubbers primarily from: India ($349M), China ($62.1M), Saudi Arabia ($9.86M), Thailand ($6.02M), and United Arab Emirates ($5.36M).

The fastest growing import markets in Plastics and Rubbers for Nepal between 2022 and 2023 were Netherlands ($2.09M), Hong Kong ($931k), and Sweden ($665k).

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 Plastics and Rubbers. 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)$34.8M
IMPORTS (2023)$458M
NET TRADE (2023)-$423M

In 2023, Nepal exported $34.8M in Plastics and Rubbers. The main destinations of Nepal exports on Plastics and Rubbers were India ($34.2M), United States ($159k), China ($124k), United Arab Emirates ($47.2k), and Switzerland ($42.5k).

In 2023, Nepal imported $458M in Plastics and Rubbers, mainly from India ($349M), China ($62.1M), Saudi Arabia ($9.86M), Thailand ($6.02M), and United Arab Emirates ($5.36M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Plastics and Rubbers EXPORT MARKETS FOR Nepal WERE (2022 - 2023):
India$4.07M (13.5%)
Netherlands$31.6k (382%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastics and Rubbers BY Nepal WERE (2022 - 2023):
Saudi Arabia-$256k (-98.1%)
United States-$50.8k (-24.2%)
United Kingdom-$46.5k (-74.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nepal's main exporting competitors in Plastics and Rubbers were:
In 2023, Nepal's main importing competitors in Plastics and Rubbers were:

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Trade Value of Plastics and Rubbers by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $17.7M
TOP IMPORT POTENTIALChina+ $84.7M

Plastics and Rubbers’s highest export potential is India. With an export gap of $17.7M.   Plastics and Rubbers’s highest import potential is China with an import gap of $84.7M.

See methodology.

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