2023
Exports
$9.1MWorld Rnk 35 / 188
Flag Rnk 31 / 721
2023
PRODUCT COMPLEXITY IN Hand-Woven Rugs
-0.92Rnk 809 / 1025
2023
Imports
$924kWorld Rnk 141 / 220
Flag Rnk 553 / 1139

About

Exports In 2023, Nepal exported $9.1M in Hand-Woven Rugs, making it the 35th largest exporter of Hand-Woven Rugs in the world. At the same year, Hand-Woven Rugs was the 31st most exported product in Nepal. The main destination of Hand-Woven Rugs exports from Nepal are: India ($3.64M), United States ($3.2M), Belgium ($321k), Germany ($235k), and United Arab Emirates ($202k).

The fastest growing export markets for Hand-Woven Rugs of Nepal between 2022 and 2023 were India ($1.34M), Ireland ($45.2k), and Germany ($44.5k).

Imports In 2023, Nepal imported $924k in Hand-Woven Rugs, becoming the 141st largest importer of Hand-Woven Rugs in the world. At the same year, Hand-Woven Rugs was the 553rd most imported product in Nepal. Nepal imports Hand-Woven Rugs primarily from: China ($510k), Turkey ($222k), India ($134k), Belgium ($26.9k), and Thailand ($19.6k).

The fastest growing import markets in Hand-Woven Rugs for Nepal between 2022 and 2023 were China ($488k), United Arab Emirates ($7.48k), and Italy ($1.32k).

Latest Trends

Dec 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-Woven Rugs. 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 (2023)$9.1M
IMPORTS (2023)$924k
NET TRADE (2023)$8.18M

In 2023, Nepal exported $9.1M in Hand-Woven Rugs. The main destinations of Nepal exports on Hand-Woven Rugs were India ($3.64M), United States ($3.2M), Belgium ($321k), Germany ($235k), and United Arab Emirates ($202k).

In 2023, Nepal imported $924k in Hand-Woven Rugs, mainly from China ($510k), Turkey ($222k), India ($134k), Belgium ($26.9k), and Thailand ($19.6k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hand-Woven Rugs EXPORT MARKETS FOR Nepal WERE (2022 - 2023):
India$1.34M (58%)
Ireland$45.2k (10.6k%)
Germany$44.5k (23.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand-Woven Rugs BY Nepal WERE (2022 - 2023):
United States-$1.55M (-32.6%)
Canada-$162k (-51%)
United Arab Emirates-$122k (-37.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nepal's main exporting competitors in Hand-Woven Rugs were:
Turkey $2.28B
India $872M
China $613M
In 2023, Nepal's main importing competitors in Hand-Woven Rugs were:

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Trade Value of Hand-Woven Rugs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.91M
TOP IMPORT POTENTIALIndia+ $422k

Hand-Woven Rugs’s highest export potential is United States. With an export gap of $2.91M.   Hand-Woven Rugs’s highest import potential is India with an import gap of $422k.

See methodology.

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