2022
Exports
$104World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Hot-Rolled Iron
0.54Rnk 355 / 1025
2022
Imports
$255MWorld Rnk 52 / 211
Flag Rnk 5 / 1139

About

Imports In 2023, Nepal imported $255M in Hot-Rolled Iron, becoming the 52nd largest importer of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 5th most imported product in Nepal. Nepal imports Hot-Rolled Iron primarily from: India ($234M), Chinese Taipei ($20.3M), and China ($78.6k).

The fastest growing import markets in Hot-Rolled Iron for Nepal between 2022 and 2023 were India ($61.6M) and Chinese Taipei ($20.3M).

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 Hot-Rolled Iron. 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)$104
IMPORTS (2023)$255M
NET TRADE (2023)-$255M

In 2023, Nepal imported $255M in Hot-Rolled Iron, mainly from India ($234M), Chinese Taipei ($20.3M), and China ($78.6k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron BY Nepal WERE (N/A - 2022):
Canada-$100 (-100%)
Denmark-$4 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nepal's main exporting competitors in Hot-Rolled Iron were:
China $16.4B
Japan $10.4B
In 2023, Nepal's main importing competitors in Hot-Rolled Iron were:

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Trade Value of Hot-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $938
TOP IMPORT POTENTIALIndia+ $12.2M

Hot-Rolled Iron’s highest export potential is India. With an export gap of $938.   Hot-Rolled Iron’s highest import potential is India with an import gap of $12.2M.

See methodology.

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