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Exports In 2022, Nepal exported $60.9k in Cars, making it the 190th largest exporter of Cars in the world. At the same year, Cars was the 282nd most exported product in Nepal. The main destination of Cars exports from Nepal are: India ($42.5k) and Thailand ($18.4k).

The fastest growing export markets for Cars of Nepal between 2021 and 2022 were India ($27k) and Thailand ($18.4k).

Imports In 2022, Nepal imported $130M in Cars, becoming the 130th largest importer of Cars in the world. At the same year, Cars was the 18th most imported product in Nepal. Nepal imports Cars primarily from: India ($85.2M), China ($13.1M), South Korea ($12.5M), Japan ($6.58M), and Thailand ($5.59M).

The fastest growing import markets in Cars for Nepal between 2021 and 2022 were South Korea ($6.88M), Singapore ($1.88M), and United Kingdom ($423k).

Latest Trends

Sep 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 Cars. 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)$60.9k
IMPORTS (2022)$130M
NET TRADE (2022)-$130M

In 2022, Nepal exported $60.9k in Cars. The main destinations of Nepal exports on Cars were India ($42.5k) and Thailand ($18.4k).

In 2022, Nepal imported $130M in Cars, mainly from India ($85.2M), China ($13.1M), South Korea ($12.5M), Japan ($6.58M), and Thailand ($5.59M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Nepal WERE (2021 - 2022):
India$27k (174%)
Thailand$18.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Nepal WERE (2021 - 2022):
Lebanon-$1.61M (-100%)
United Kingdom-$18.1k (-100%)
Spain-$13.9k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nepal's main exporting competitors in Cars were:
In 2022, Nepal's main importing competitors in Cars were:

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $95.1k
TOP IMPORT POTENTIALIndia+ $31.4M

Cars’s highest export potential is India. With an export gap of $95.1k.   Cars’s highest import potential is India with an import gap of $31.4M.

See methodology.

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