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Exports In 2022, Nepal exported $20.5M in Knit Sweaters, making it the 78th largest exporter of Knit Sweaters in the world. At the same year, Knit Sweaters was the 16th most exported product in Nepal. The main destination of Knit Sweaters exports from Nepal are: United Kingdom ($3.33M), Germany ($2.91M), France ($2.82M), United States ($2.55M), and Italy ($1.86M).

The fastest growing export markets for Knit Sweaters of Nepal between 2021 and 2022 were France ($903k), Italy ($759k), and Germany ($656k).

Imports In 2022, Nepal imported $15.6M in Knit Sweaters, becoming the 102nd largest importer of Knit Sweaters in the world. At the same year, Knit Sweaters was the 153rd most imported product in Nepal. Nepal imports Knit Sweaters primarily from: China ($12.9M), India ($2.29M), South Korea ($55.8k), Malaysia ($52.4k), and United Kingdom ($52k).

The fastest growing import markets in Knit Sweaters for Nepal between 2021 and 2022 were Malaysia ($37.7k), United Kingdom ($25.6k), and Turkey ($12.7k).

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 Knit Sweaters. 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)$20.5M
IMPORTS (2022)$15.6M
NET TRADE (2022)$4.86M

In 2022, Nepal exported $20.5M in Knit Sweaters. The main destinations of Nepal exports on Knit Sweaters were United Kingdom ($3.33M), Germany ($2.91M), France ($2.82M), United States ($2.55M), and Italy ($1.86M).

In 2022, Nepal imported $15.6M in Knit Sweaters, mainly from China ($12.9M), India ($2.29M), South Korea ($55.8k), Malaysia ($52.4k), and United Kingdom ($52k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Sweaters EXPORT MARKETS FOR Nepal WERE (2021 - 2022):
France$903k (47.1%)
Italy$759k (68.9%)
Germany$656k (29.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Sweaters BY Nepal WERE (2021 - 2022):
United Kingdom-$1.22M (-26.8%)
Czechia-$137k (-75.7%)
Austria-$105k (-15.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nepal's main exporting competitors in Knit Sweaters were:
In 2022, Nepal's main importing competitors in Knit Sweaters were:

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Trade Value of Knit Sweaters by Exporters

Potential Exports

Potential Exports

Flow
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N/AN/AN/A
TOP IMPORT POTENTIALChina+ $14.1M

Knit Sweaters’s highest export potential is N/A. With an export gap of N/A.   Knit Sweaters’s highest import potential is China with an import gap of $14.1M.

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