2023
Exports
$405kWorld Rnk 93 / 195
Flag Rnk 146 / 721
2023
PRODUCT COMPLEXITY IN Knit Babies' Garments
-1.57Rnk 954 / 1025
2023
Imports
$2MWorld Rnk 110 / 216
Flag Rnk 429 / 1139

About

Exports In 2023, Nepal exported $405k in Knit Babies' Garments, making it the 93rd largest exporter of Knit Babies' Garments in the world. At the same year, Knit Babies' Garments was the 146th most exported product in Nepal. The main destination of Knit Babies' Garments exports from Nepal are: Germany ($245k), Denmark ($51.9k), United States ($42.1k), France ($26.8k), and Norway ($10.2k).

The fastest growing export markets for Knit Babies' Garments of Nepal between 2022 and 2023 were Germany ($83.5k), Denmark ($51.8k), and United States ($30.5k).

Imports In 2023, Nepal imported $2M in Knit Babies' Garments, becoming the 110th largest importer of Knit Babies' Garments in the world. At the same year, Knit Babies' Garments was the 429th most imported product in Nepal. Nepal imports Knit Babies' Garments primarily from: China ($1.02M), India ($579k), Thailand ($393k), Indonesia ($931), and Finland ($865).

The fastest growing import markets in Knit Babies' Garments for Nepal between 2022 and 2023 were Thailand ($343k), Finland ($865), and Luxembourg ($76).

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 Knit Babies' Garments. 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 (2023)$405k
IMPORTS (2023)$2M
NET TRADE (2023)-$1.59M

In 2023, Nepal exported $405k in Knit Babies' Garments. The main destinations of Nepal exports on Knit Babies' Garments were Germany ($245k), Denmark ($51.9k), United States ($42.1k), France ($26.8k), and Norway ($10.2k).

In 2023, Nepal imported $2M in Knit Babies' Garments, mainly from China ($1.02M), India ($579k), Thailand ($393k), Indonesia ($931), and Finland ($865).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knit Babies' Garments EXPORT MARKETS FOR Nepal WERE (2022 - 2023):
Germany$83.5k (51.9%)
Denmark$51.8k (113k%)
United States$30.5k (264%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Babies' Garments BY Nepal WERE (2022 - 2023):
Italy-$11.8k (-100%)
India-$7.17k (-100%)
United Kingdom-$4.2k (-77.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nepal's main exporting competitors in Knit Babies' Garments were:
In 2023, Nepal's main importing competitors in Knit Babies' Garments were:

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Trade Value of Knit Babies' Garments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $137k
TOP IMPORT POTENTIALChina+ $1.69M

Knit Babies' Garments’s highest export potential is Germany. With an export gap of $137k.   Knit Babies' Garments’s highest import potential is China with an import gap of $1.69M.

See methodology.

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