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Exports In 2022, Nepal exported $9.3M in Instruments, making it the 114th largest exporter of Instruments in the world. At the same year, Instruments was the 13th most exported product in Nepal. The main destination of Instruments exports from Nepal are: United States ($2.73M), Germany ($1.1M), China ($454k), France ($452k), and United Kingdom ($440k).

The fastest growing export markets for Instruments of Nepal between 2021 and 2022 were United States ($257k), France ($163k), and Netherlands ($101k).

Imports In 2022, Nepal imported $219M in Instruments, becoming the 99th largest importer of Instruments in the world. At the same year, Instruments was the 13th most imported product in Nepal. Nepal imports Instruments primarily from: China ($62.7M), India ($59.5M), Germany ($16.8M), United States ($10.8M), and Japan ($8.53M).

The fastest growing import markets in Instruments for Nepal between 2021 and 2022 were Sweden ($2.7M), Germany ($2.05M), and United Kingdom ($1.34M).

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 Instruments. 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)$9.3M
IMPORTS (2022)$219M
NET TRADE (2022)-$210M

In 2022, Nepal exported $9.3M in Instruments. The main destinations of Nepal exports on Instruments were United States ($2.73M), Germany ($1.1M), China ($454k), France ($452k), and United Kingdom ($440k).

In 2022, Nepal imported $219M in Instruments, mainly from China ($62.7M), India ($59.5M), Germany ($16.8M), United States ($10.8M), and Japan ($8.53M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Instruments EXPORT MARKETS FOR Nepal WERE (2021 - 2022):
United States$257k (10.4%)
France$163k (56.1%)
Netherlands$101k (105%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Instruments BY Nepal WERE (2021 - 2022):
China-$1.66M (-78.5%)
Hong Kong-$466k (-67%)
India-$328k (-47.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Nepal's main exporting competitors in Instruments were:
In 2022, Nepal's main importing competitors in Instruments were:

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Trade Value of Instruments by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $1.03M
TOP IMPORT POTENTIALChina+ $50.8M

Instruments’s highest export potential is United States. With an export gap of $1.03M.   Instruments’s highest import potential is China with an import gap of $50.8M.

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