2022
Exports
$9.45MWorld Rnk 37 / 188
Flag Rnk 29 / 763
2022
PRODUCT COMPLEXITY IN Hand-Woven Rugs
-0.91Rnk 811 / 1025
2022
Imports
$1.04MWorld Rnk 135 / 217
Flag Rnk 589 / 1176

About

Exports In 2022, Nepal exported $9.45M in Hand-Woven Rugs, making it the 37th largest exporter of Hand-Woven Rugs in the world. At the same year, Hand-Woven Rugs was the 29th most exported product in Nepal. The main destination of Hand-Woven Rugs exports from Nepal are: United States ($4.77M), India ($2.27M), Belgium ($338k), Canada ($310k), and Italy ($298k).

The fastest growing export markets for Hand-Woven Rugs of Nepal between 2021 and 2022 were India ($524k), Belgium ($127k), and Canada ($85.2k).

Imports In 2022, Nepal imported $1.04M in Hand-Woven Rugs, becoming the 135th largest importer of Hand-Woven Rugs in the world. At the same year, Hand-Woven Rugs was the 589th most imported product in Nepal. Nepal imports Hand-Woven Rugs primarily from: India ($395k), Turkey ($241k), China ($223k), Thailand ($140k), and Belgium ($34.5k).

The fastest growing import markets in Hand-Woven Rugs for Nepal between 2021 and 2022 were India ($302k), Thailand ($125k), and China ($118k).

Latest Trends

Oct 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 (2022)$9.45M
IMPORTS (2022)$1.04M
NET TRADE (2022)$8.41M

In 2022, Nepal exported $9.45M in Hand-Woven Rugs. The main destinations of Nepal exports on Hand-Woven Rugs were United States ($4.77M), India ($2.27M), Belgium ($338k), Canada ($310k), and Italy ($298k).

In 2022, Nepal imported $1.04M in Hand-Woven Rugs, mainly from India ($395k), Turkey ($241k), China ($223k), Thailand ($140k), and Belgium ($34.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hand-Woven Rugs EXPORT MARKETS FOR Nepal WERE (2021 - 2022):
India$524k (30%)
Belgium$127k (60.1%)
Canada$85.2k (37.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand-Woven Rugs BY Nepal WERE (2021 - 2022):
United States-$1.36M (-22.2%)
Qatar-$365k (-73%)
United Kingdom-$96.8k (-30.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nepal's main exporting competitors in Hand-Woven Rugs were:
Turkey $2.34B
India $785M
China $584M
In 2022, 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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