2023
Exports
$2.74MWorld Rnk 66 / 150
Flag Rnk 58 / 721
falsefalse India
2023
PRODUCT COMPLEXITY IN Seed Oils
-0.97Rnk 825 / 1025
2023
Imports
$16.8MWorld Rnk 89 / 216
Flag Rnk 111 / 1139

About

Exports In 2023, Nepal exported $2.74M in Seed Oils, making it the 66th largest exporter of Seed Oils in the world. At the same year, Seed Oils was the 58th most exported product in Nepal. The main destination of Seed Oils exports from Nepal are: India ($2.74M).

Imports In 2023, Nepal imported $16.8M in Seed Oils, becoming the 89th largest importer of Seed Oils in the world. At the same year, Seed Oils was the 111th most imported product in Nepal. Nepal imports Seed Oils primarily from: Romania ($10.7M), Ukraine ($5.27M), India ($321k), Turkey ($224k), and Bulgaria ($224k).

The fastest growing import markets in Seed Oils for Nepal between 2022 and 2023 were Romania ($10.7M) and Bulgaria ($224k).

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 Seed Oils. 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)$2.74M
IMPORTS (2023)$16.8M
NET TRADE (2023)-$14.1M

In 2023, Nepal exported $2.74M in Seed Oils. The main destinations of Nepal exports on Seed Oils were India ($2.74M).

In 2023, Nepal imported $16.8M in Seed Oils, mainly from Romania ($10.7M), Ukraine ($5.27M), India ($321k), Turkey ($224k), and Bulgaria ($224k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seed Oils BY Nepal WERE (2022 - 2023):India-$16.4M (-85.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nepal's main exporting competitors in Seed Oils were:
Ukraine $5.26B
Russia $3.51B
Turkey $1.38B
In 2023, Nepal's main importing competitors in Seed Oils were:
India $2.43B
China $1.62B
Turkey $1.47B

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Trade Value of Seed Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $16.3M
TOP IMPORT POTENTIALRussia+ $2.77M

Seed Oils’s highest export potential is India. With an export gap of $16.3M.   Seed Oils’s highest import potential is Russia with an import gap of $2.77M.

See methodology.

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