2022
Exports
$1.09MWorld Rnk 103 / 202
Flag Rnk 97 / 763
2022
PRODUCT COMPLEXITY IN Sauces and Seasonings
-0.62Rnk 736 / 1025
2022
Imports
$8.72MWorld Rnk 141 / 225
Flag Rnk 228 / 1176

About

Exports In 2022, Nepal exported $1.09M in Sauces and Seasonings, making it the 103rd largest exporter of Sauces and Seasonings in the world. At the same year, Sauces and Seasonings was the 97th most exported product in Nepal. The main destination of Sauces and Seasonings exports from Nepal are: India ($426k), Australia ($184k), United States ($109k), Canada ($62.1k), and United Kingdom ($60.2k).

The fastest growing export markets for Sauces and Seasonings of Nepal between 2021 and 2022 were India ($214k), United States ($69.5k), and Canada ($59.2k).

Imports In 2022, Nepal imported $8.72M in Sauces and Seasonings, becoming the 141st largest importer of Sauces and Seasonings in the world. At the same year, Sauces and Seasonings was the 228th most imported product in Nepal. Nepal imports Sauces and Seasonings primarily from: India ($3.43M), Singapore ($2.98M), China ($861k), United Arab Emirates ($429k), and United States ($408k).

The fastest growing import markets in Sauces and Seasonings for Nepal between 2021 and 2022 were Singapore ($531k), China ($269k), and United Arab Emirates ($120k).

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 Sauces and Seasonings. 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)$1.09M
IMPORTS (2022)$8.72M
NET TRADE (2022)-$7.64M

In 2022, Nepal exported $1.09M in Sauces and Seasonings. The main destinations of Nepal exports on Sauces and Seasonings were India ($426k), Australia ($184k), United States ($109k), Canada ($62.1k), and United Kingdom ($60.2k).

In 2022, Nepal imported $8.72M in Sauces and Seasonings, mainly from India ($3.43M), Singapore ($2.98M), China ($861k), United Arab Emirates ($429k), and United States ($408k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sauces and Seasonings EXPORT MARKETS FOR Nepal WERE (2021 - 2022):
India$214k (101%)
United States$69.5k (177%)
Canada$59.2k (2.02k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sauces and Seasonings BY Nepal WERE (2021 - 2022):
Australia-$112k (-37.7%)
United Arab Emirates-$33.6k (-100%)
South Korea-$11.1k (-16.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nepal's main exporting competitors in Sauces and Seasonings were:
In 2022, Nepal's main importing competitors in Sauces and Seasonings were:

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Trade Value of Sauces and Seasonings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $332k
TOP IMPORT POTENTIALChina+ $1.29M

Sauces and Seasonings’s highest export potential is India. With an export gap of $332k.   Sauces and Seasonings’s highest import potential is China with an import gap of $1.29M.

See methodology.

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