2022
Exports
$18.9MWorld Rnk 113 / 221
Flag Rnk 17 / 95
2022
PRODUCT COMPLEXITY IN Wood, wood articles, & charcoal
0.3Rnk 451 / 1025
2022
Imports
$44.6MWorld Rnk 117 / 226
Flag Rnk 46 / 96

About

Exports In 2022, Nepal exported $18.9M in Wood, wood articles, & charcoal, making it the 113th largest exporter of Wood, wood articles, & charcoal in the world. At the same year, Wood, wood articles, & charcoal was the 17th most exported product in Nepal. The main destination of Wood, wood articles, & charcoal exports from Nepal are: India ($15.5M), United States ($2.4M), Germany ($244k), China ($143k), and United Kingdom ($106k).

The fastest growing export markets for Wood, wood articles, & charcoal of Nepal between 2021 and 2022 were India ($15.1M), United States ($195k), and South Korea ($28.1k).

Imports In 2022, Nepal imported $44.6M in Wood, wood articles, & charcoal, becoming the 117th largest importer of Wood, wood articles, & charcoal in the world. At the same year, Wood, wood articles, & charcoal was the 46th most imported product in Nepal. Nepal imports Wood, wood articles, & charcoal primarily from: India ($31.5M), China ($5.71M), Indonesia ($2.85M), Burma ($1.62M), and Malaysia ($1.07M).

The fastest growing import markets in Wood, wood articles, & charcoal for Nepal between 2021 and 2022 were Vietnam ($249k), 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, wood articles, & charcoal. 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)$18.9M
IMPORTS (2022)$44.6M
NET TRADE (2022)-$25.6M

In 2022, Nepal exported $18.9M in Wood, wood articles, & charcoal. The main destinations of Nepal exports on Wood, wood articles, & charcoal were India ($15.5M), United States ($2.4M), Germany ($244k), China ($143k), and United Kingdom ($106k).

In 2022, Nepal imported $44.6M in Wood, wood articles, & charcoal, mainly from India ($31.5M), China ($5.71M), 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, wood articles, & charcoal EXPORT MARKETS FOR Nepal WERE (2021 - 2022):
India$15.1M (3.64k%)
United States$195k (8.87%)
South Korea$28.1k (71.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood, wood articles, & charcoal BY Nepal WERE (2021 - 2022):
Japan-$261k (-86.1%)
China-$111k (-43.7%)
Russia-$69.7k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nepal's main exporting competitors in Wood, wood articles, & charcoal were:
China $18.7B
Germany $12.9B
In 2022, Nepal's main importing competitors in Wood, wood articles, & charcoal were:

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Trade Value of Wood, wood articles, & charcoal by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $3.57M
TOP IMPORT POTENTIALChina+ $6.12M

Wood, wood articles, & charcoal’s highest export potential is India. With an export gap of $3.57M.   Wood, wood articles, & charcoal’s highest import potential is China with an import gap of $6.12M.

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