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2022
Exports $6.6MWorld Rnk 48 / 196
Flag Rnk 38 / 763
2022
Destination $450k United States
2021 - 2022
FASTEST GROWING MARKET $450kHong Kong
2022
PRODUCT COMPLEXITY IN Essential Oils-1.09Rnk 855 / 1025
2022
Imports $2.14MWorld Rnk 80 / 214
Flag Rnk 471 / 1176
2022
Origin $10.5kN/A
2021 - 2022
FASTEST GROWING ORIGIN $10.5kUnited States

About

Exports In 2022, Nepal exported $6.6M in Essential Oils, making it the 48th largest exporter of Essential Oils in the world. At the same year, Essential Oils was the 38th most exported product in Nepal. The main destination of Essential Oils exports from Nepal are: United States ($2.2M), India ($969k), Belgium ($759k), Hong Kong ($733k), and France ($441k).

The fastest growing export markets for Essential Oils of Nepal between 2021 and 2022 were Hong Kong ($450k), Ireland ($152k), and Belgium ($103k).

Imports In 2022, Nepal imported $2.14M in Essential Oils, becoming the 80th largest importer of Essential Oils in the world. At the same year, Essential Oils was the 471st most imported product in Nepal. Nepal imports Essential Oils primarily from: N/A.

The fastest growing import markets in Essential Oils for Nepal between 2021 and 2022 were United States ($10.5k), United Arab Emirates ($400), and France ($308).

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 Essential Oils. 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)$6.6M
IMPORTS (2022)$2.14M
NET TRADE (2022)$4.45M

In 2022, Nepal exported $6.6M in Essential Oils. The main destinations of Nepal exports on Essential Oils were United States ($2.2M), India ($969k), Belgium ($759k), Hong Kong ($733k), and France ($441k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Essential Oils EXPORT MARKETS FOR Nepal WERE (2021 - 2022):
Hong Kong$450k (159%)
Ireland$152k (62.1%)
Belgium$103k (15.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Essential Oils BY Nepal WERE (2021 - 2022):
United States-$658k (-23%)
France-$638k (-59.1%)
India-$323k (-25%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nepal's main exporting competitors in Essential Oils were:
India $879M
United States $693M
Brazil $425M
In 2022, Nepal's main importing competitors in Essential Oils were:
United States $1.25B
France $440M
Germany $357M

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Trade Value of Essential Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.95M
TOP IMPORT POTENTIALIndia+ $1.11M

Essential Oils’s highest export potential is United States. With an export gap of $1.95M.   Essential Oils’s highest import potential is India with an import gap of $1.11M.

See methodology.

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