Iron Ore in Nepal | The Observatory of Economic Complexity

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Imports In 2023, Nepal imported $1.79M in Iron Ore, becoming the 52nd largest importer of Iron Ore in the world. At the same year, Iron Ore was the 448th most imported product in Nepal. Nepal imports Iron Ore primarily from: India ($1.79M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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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 Iron Ore. 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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2019)$4.1k

IMPORTS (2023)$1.79M

NET TRADE (2023)-$1.79M

In 2023, Nepal imported $1.79M in Iron Ore, mainly from India ($1.79M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

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Exports

Imports

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Ending

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Change in Exports by Market (2022 - 2023)

Market Concentration

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In 2023, Nepal's main exporting competitors in Iron Ore were:

Australia $85.4B

Brazil $34B

Canada $7.23B

In 2023, Nepal's main importing competitors in Iron Ore were:

China $112B

Japan $9.3B

South Korea $7.07B

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Trade Value of Iron Ore by Exporters

Potential Exports

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Exports

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TOP EXPORT POTENTIALChina+ $1.47k

TOP IMPORT POTENTIALIndia+ $2.65M

Iron Ore’s highest export potential is China. With an export gap of $1.47k. Iron Ore’s highest import potential is India with an import gap of $2.65M.

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Latest Trends

Subnational Monthly Trade

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Historical Data

Trade Balance

Export Destinations (2023)

Import Origins (2023)

Market Growth

Change in Exports by Market (2022 - 2023)

Market Concentration

Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

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