2022
Exports
$92World Rnk 148 / 151
Flag Rnk 700 / 763
falsefalse Canada
2022
PRODUCT COMPLEXITY IN Hot-Rolled Iron
0.41Rnk 402 / 1025
2022
Imports
$155MWorld Rnk 67 / 214
Flag Rnk 14 / 1176

About

Exports In 2022, Nepal exported $92 in Hot-Rolled Iron, making it the 148th largest exporter of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 700th most exported product in Nepal. The main destination of Hot-Rolled Iron exports from Nepal are: Canada ($88) and Denmark ($4).

The fastest growing export markets for Hot-Rolled Iron of Nepal between 2021 and 2022 were Canada ($88) and Denmark ($4).

Imports In 2022, Nepal imported $155M in Hot-Rolled Iron, becoming the 67th largest importer of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 14th most imported product in Nepal. Nepal imports Hot-Rolled Iron primarily from: India ($154M) and China ($1.35M).

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 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)$92
IMPORTS (2022)$155M
NET TRADE (2022)-$155M

In 2022, Nepal exported $92 in Hot-Rolled Iron. The main destinations of Nepal exports on Hot-Rolled Iron were Canada ($88) and Denmark ($4).

In 2022, Nepal imported $155M in Hot-Rolled Iron, mainly from India ($154M) and China ($1.35M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Iron EXPORT MARKETS FOR Nepal WERE (2021 - 2022):
Canada$88 (1%)
Denmark$4 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron BY Nepal WERE (2021 - 2022):Hong Kong-$55 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nepal's main exporting competitors in Hot-Rolled Iron were:
Japan $11.2B
China $11.2B
In 2022, 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.

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