United States / Nepal

Overview In January 2024, United States exported $12.5M and imported $7.32M from Nepal, resulting in a positive trade balance of $5.19M. Between January 2023 and January 2024 the exports of United States have increased by $8.21M (191%) from $4.3M to $12.5M, while imports decreased by $-1.43M (-16.3%) from $8.75M to $7.32M.

Trade In January 2024, the top exports of United States to Nepal were Computers ($1.03M), Artificial Filament Tow ($770k), Soybeans ($452k), Aircraft Parts ($387k), and Commodities not elsewhere specified ($306k). In January 2024 the top imports of United States from Nepal were Knotted Carpets ($3.89M), Animal Food ($1.3M), Bedspreads ($393k), Hand-Woven Rugs ($311k), and Other Cloth Articles ($265k).

Origins In January 2024 the exports of United States were mainly from New Jersey ($3.13M), Virginia ($2.2M), Maryland ($1.87M), California ($1.22M), and Tennessee ($775k), while imports destinations were mainly New York ($1.88M), California ($1.31M), New Jersey ($972k), Washington ($654k), and Florida ($336k).

Growth In January 2024, the increase in United States's year-by-year exports to Nepal was explained primarily by an increase in product exports in Aircraft Parts ($175k or 82.4%), Sauces and Seasonings ($96.3k or 428%), and Beauty Products ($81.5k or 146%). In January 2024, the decrease in United States's year-by-year imports  from Nepal was explained primarily by an decrease in product imports  in Essential Oils ($-529k or -83.5%), Other Cloth Articles ($-221k or -45.5%), and Hand-Woven Rugs ($-170k or -35.4%).