The fastest growing export markets for Refined Petroleum of Nepal between 2020 and 2021 were Iceland ($834k), Canada ($66), and Palestine ($62).
Imports In 2021, Nepal imported $1.5B in Refined Petroleum, becoming the 82nd largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Nepal. Nepal imports Refined Petroleum primarily from: India ($1.48B), United Arab Emirates ($10.3M), Singapore ($6.68M), Australia ($4.04M), and Kuwait ($1.95M).
The fastest growing import markets in Refined Petroleum for Nepal between 2020 and 2021 were India ($639M), United Arab Emirates ($4.16M), and Singapore ($3.2M).
Tariffs In 2018, the average tariff for Nepal in Refined Petroleum was 21.5%. The countries with the highest import tariffs for Refined Petroleum were Angola (Most Favoured Nation duty rate treatment, 21.5%), Burundi (Most Favoured Nation duty rate treatment, 21.5%), Benin (Most Favoured Nation duty rate treatment, 21.5%), Burkina Faso (Most Favoured Nation duty rate treatment, 21.5%), and Botswana (Most Favoured Nation duty rate treatment, 21.5%).