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2022
Exports $90.4MWorld Rnk 4 / 175
Flag Rnk 4 / 763
2022
Destination $14.6M United States
2021 - 2022
FASTEST GROWING MARKET $14.6MUnited States
2022
PRODUCT COMPLEXITY IN Knotted Carpets-1.05Rnk 848 / 1025
2022
Imports $504kWorld Rnk 82 / 207
Flag Rnk 706 / 1176
2022
Origin $51.5k United Arab Emirates
2021 - 2022
FASTEST GROWING ORIGIN $51.5kUnited Arab Emirates

About

Exports In 2022, Nepal exported $90.4M in Knotted Carpets, making it the 4th largest exporter of Knotted Carpets in the world. At the same year, Knotted Carpets was the 4th most exported product in Nepal. The main destination of Knotted Carpets exports from Nepal are: United States ($52M), Germany ($7.64M), United Kingdom ($5.9M), Italy ($4.28M), and France ($3.11M).

The fastest growing export markets for Knotted Carpets of Nepal between 2021 and 2022 were United States ($14.6M), United Kingdom ($1.27M), and Canada ($771k).

Imports In 2022, Nepal imported $504k in Knotted Carpets, becoming the 82nd largest importer of Knotted Carpets in the world. At the same year, Knotted Carpets was the 706th most imported product in Nepal. Nepal imports Knotted Carpets primarily from: United Arab Emirates ($277k), Jordan ($88.3k), Belgium ($69.5k), Turkey ($18.6k), and India ($15.5k).

The fastest growing import markets in Knotted Carpets for Nepal between 2021 and 2022 were United Arab Emirates ($51.5k), Turkey ($18.6k), and Australia ($8.26k).

Latest Trends

Sep 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 Knotted Carpets. 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)$90.4M
IMPORTS (2022)$504k
NET TRADE (2022)$89.9M

In 2022, Nepal exported $90.4M in Knotted Carpets. The main destinations of Nepal exports on Knotted Carpets were United States ($52M), Germany ($7.64M), United Kingdom ($5.9M), Italy ($4.28M), and France ($3.11M).

In 2022, Nepal imported $504k in Knotted Carpets, mainly from United Arab Emirates ($277k), Jordan ($88.3k), Belgium ($69.5k), Turkey ($18.6k), and India ($15.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knotted Carpets EXPORT MARKETS FOR Nepal WERE (2021 - 2022):
United States$14.6M (39.1%)
United Kingdom$1.27M (27.5%)
Canada$771k (45.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knotted Carpets BY Nepal WERE (2021 - 2022):
China-$705k (-30.6%)
Russia-$702k (-55.7%)
Brazil-$421k (-70.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nepal's main exporting competitors in Knotted Carpets were:
India $344M
China $94.5M
Pakistan $94M
In 2022, Nepal's main importing competitors in Knotted Carpets were:
United States $425M
Germany $73.2M
United Kingdom $48.6M

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Trade Value of Knotted Carpets by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $1.59M
TOP IMPORT POTENTIALIndia+ $52.2k

Knotted Carpets’s highest export potential is China. With an export gap of $1.59M.   Knotted Carpets’s highest import potential is India with an import gap of $52.2k.

See methodology.

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