Overview: This page contains the latest international trade data for Nepal, including service trade data, and tariffs. In 2018 Nepal was the number 102 economy in the world in terms of GDP (current US$), the number 156 in total exports, and the number 102 in total imports. In 2018, Nepal exported $723M and imported $10.1B, resulting in a negative trade balance of -$9.39B. In 2018, Nepal's exports per capita were $25.7 and its imports per capita were $360.
In 2018 Nepal exported a total of $723M, making it the number 156 exporter in the world. During the last five reported years the exports of Nepal have changed by -$192M from $915M in 2013 to $723M in 2018.
In 2018 Nepal imported $10.1B, making it the number 102 trade destination in the world. During the last five reported years the imports of Nepal changed by $3.49B from $6.63B in 2013 to $10.1B in 2018.
In 2018, Nepal exported $1.75B worth of services. The top services exported by Nepal in 2018 were Travel ($640M), Other business services ($451M), Government services, n.i.e. ($272M), Computer and information services ($236M), and Transportation ($108M).
The top services imported by Nepal in 2018 were Travel ($836M), Transportation ($625M), Other business services ($229M), Insurance services ($65.1M), and Government services, n.i.e. ($29.9M).
This section shows forecasts for total product exports and imports for Nepal. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.
*The tariffs applied to imports for Nepal are:136: Most Favoured Nation duty rate treatement366: South Asian Association for Regional Cooperation (SAARC) Preferential Trading Arragement (SAPTA)367: South Asian Association for Regional Cooperation (SAARC) Preferential Trading Arragement (SAPTA) for The least developed nations in South Asia
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.
The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities.
Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.
Nepal
