2022
Exports
$1.29MWorld Rnk 112 / 223
Flag Rnk 91 / 763
2022
PRODUCT COMPLEXITY IN Electrical Transformers
0.65Rnk 294 / 1025
2022
Imports
$71.9MWorld Rnk 90 / 225
Flag Rnk 32 / 1176

About

Exports In 2022, Nepal exported $1.29M in Electrical Transformers, making it the 112th largest exporter of Electrical Transformers in the world. At the same year, Electrical Transformers was the 91st most exported product in Nepal. The main destination of Electrical Transformers exports from Nepal are: India ($1.12M), Germany ($152k), Barbados ($22.3k), Dominican Republic ($1.03k), and Singapore ($955).

The fastest growing export markets for Electrical Transformers of Nepal between 2021 and 2022 were India ($1.01M), Barbados ($22.3k), and Dominican Republic ($1.03k).

Imports In 2022, Nepal imported $71.9M in Electrical Transformers, becoming the 90th largest importer of Electrical Transformers in the world. At the same year, Electrical Transformers was the 32nd most imported product in Nepal. Nepal imports Electrical Transformers primarily from: India ($40.6M), China ($28.3M), Bangladesh ($1.35M), Singapore ($333k), and Vietnam ($245k).

The fastest growing import markets in Electrical Transformers for Nepal between 2021 and 2022 were China ($11.9M), Bangladesh ($1.23M), and India ($243k).

Latest Trends

Mar 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 Electrical Transformers. 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)$1.29M
IMPORTS (2022)$71.9M
NET TRADE (2022)-$70.6M

In 2022, Nepal exported $1.29M in Electrical Transformers. The main destinations of Nepal exports on Electrical Transformers were India ($1.12M), Germany ($152k), Barbados ($22.3k), Dominican Republic ($1.03k), and Singapore ($955).

In 2022, Nepal imported $71.9M in Electrical Transformers, mainly from India ($40.6M), China ($28.3M), Bangladesh ($1.35M), Singapore ($333k), and Vietnam ($245k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Transformers EXPORT MARKETS FOR Nepal WERE (2021 - 2022):
India$1.01M (960%)
Barbados$22.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Transformers BY Nepal WERE (2021 - 2022):
Germany-$191k (-55.8%)
China-$141k (-99.8%)
Japan-$16.3k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Electrical Transformers by Exporters

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