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Exports In 2022, Nepal exported $19M in Wood Products, making it the 118th largest exporter of Wood Products in the world. At the same year, Wood Products was the 9th most exported product in Nepal. The main destination of Wood Products exports from Nepal are: India ($15.5M), United States ($2.4M), Germany ($252k), China ($143k), and United Kingdom ($108k).

The fastest growing export markets for Wood Products of Nepal between 2021 and 2022 were India ($15.1M), United States ($185k), and South Korea ($27.9k).

Imports In 2022, Nepal imported $44.7M in Wood Products, becoming the 118th largest importer of Wood Products in the world. At the same year, Wood Products was the 17th most imported product in Nepal. Nepal imports Wood Products primarily from: India ($31.6M), China ($5.75M), Indonesia ($2.85M), Burma ($1.62M), and Malaysia ($1.07M).

The fastest growing import markets in Wood Products for Nepal between 2021 and 2022 were Vietnam ($250k), Lithuania ($157k), and Sweden ($71.5k).

Latest Trends

Jul 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 Wood 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)$19M
IMPORTS (2022)$44.7M
NET TRADE (2022)-$25.7M

In 2022, Nepal exported $19M in Wood Products. The main destinations of Nepal exports on Wood Products were India ($15.5M), United States ($2.4M), Germany ($252k), China ($143k), and United Kingdom ($108k).

In 2022, Nepal imported $44.7M in Wood Products, mainly from India ($31.6M), China ($5.75M), Indonesia ($2.85M), Burma ($1.62M), and Malaysia ($1.07M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Products EXPORT MARKETS FOR Nepal WERE (2021 - 2022):
India$15.1M (3.6k%)
United States$185k (8.35%)
South Korea$27.9k (70.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Products BY Nepal WERE (2021 - 2022):
Japan-$282k (-87%)
China-$112k (-43.8%)
Denmark-$72.4k (-75.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nepal's main exporting competitors in Wood Products were:
China $20.4B
Canada $20.1B
In 2022, Nepal's main importing competitors in Wood Products were:

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Trade Value of Wood Products by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $3.59M
TOP IMPORT POTENTIALChina+ $6.22M

Wood Products’s highest export potential is India. With an export gap of $3.59M.   Wood Products’s highest import potential is China with an import gap of $6.22M.

See methodology.

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