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2022
Exports $110World Rnk 190 / 203
Flag Rnk 695 / 763
2022
Destination $110 Ireland
2021 - 2022
FASTEST GROWING MARKET $110Ireland
2022
PRODUCT COMPLEXITY IN Hand Tools0.83Rnk 235 / 1025
2022
Imports $853kWorld Rnk 129 / 220
Flag Rnk 619 / 1176
2022
Origin $13.2k India
2021 - 2022
FASTEST GROWING ORIGIN $13.2kTurkey

About

Exports In 2022, Nepal exported $110 in Hand Tools, making it the 190th largest exporter of Hand Tools in the world. At the same year, Hand Tools was the 695th most exported product in Nepal. The main destination of Hand Tools exports from Nepal are: Ireland ($110).

The fastest growing export markets for Hand Tools of Nepal between 2021 and 2022 were Ireland ($110).

Imports In 2022, Nepal imported $853k in Hand Tools, becoming the 129th largest importer of Hand Tools in the world. At the same year, Hand Tools was the 619th most imported product in Nepal. Nepal imports Hand Tools primarily from: India ($630k), China ($184k), Turkey ($14k), Japan ($7.54k), and France ($3.65k).

The fastest growing import markets in Hand Tools for Nepal between 2021 and 2022 were Turkey ($13.2k), Japan ($7.41k), and France ($2.84k).

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 Hand Tools. 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)$110
IMPORTS (2022)$853k
NET TRADE (2022)-$853k

In 2022, Nepal exported $110 in Hand Tools. The main destinations of Nepal exports on Hand Tools were Ireland ($110).

In 2022, Nepal imported $853k in Hand Tools, mainly from India ($630k), China ($184k), Turkey ($14k), Japan ($7.54k), and France ($3.65k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hand Tools EXPORT MARKETS FOR Nepal WERE (2021 - 2022):Ireland$110 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand Tools BY Nepal WERE (2021 - 2022):
Belgium-$51 (-100%)
Dominican Republic-$14 (-100%)
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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 Hand Tools were:
China $1.12B
Germany $462M
Chinese Taipei $202M
In 2022, Nepal's main importing competitors in Hand Tools were:
United States $552M
Germany $197M
France $121M

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Trade Value of Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $551
TOP IMPORT POTENTIALChina+ $324k

Hand Tools’s highest export potential is United States. With an export gap of $551.   Hand Tools’s highest import potential is China with an import gap of $324k.

See methodology.

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