2022
Exports
$64.6kWorld Rnk 174 / 216
Flag Rnk 276 / 763
2022
PRODUCT COMPLEXITY IN Machinery Having Individual Functions
1.9Rnk 10 / 1025
2022
Imports
$37.4MWorld Rnk 106 / 225
Flag Rnk 56 / 1176

About

Exports In 2022, Nepal exported $64.6k in Machinery Having Individual Functions, making it the 174th largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 276th most exported product in Nepal. The main destination of Machinery Having Individual Functions exports from Nepal are: India ($24.6k), Chinese Taipei ($19.5k), Malaysia ($7.4k), South Korea ($4.25k), and Norway ($3.41k).

The fastest growing export markets for Machinery Having Individual Functions of Nepal between 2021 and 2022 were Chinese Taipei ($19.5k), Malaysia ($7.4k), and India ($5.05k).

Imports In 2022, Nepal imported $37.4M in Machinery Having Individual Functions, becoming the 106th largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 56th most imported product in Nepal. Nepal imports Machinery Having Individual Functions primarily from: India ($27.7M), China ($7.56M), Germany ($487k), Vietnam ($396k), and South Korea ($288k).

The fastest growing import markets in Machinery Having Individual Functions for Nepal between 2021 and 2022 were Thailand ($135k), Malaysia ($97.5k), and Vietnam ($79.1k).

Latest Trends

Nov 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 Machinery Having Individual Functions. 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)$64.6k
IMPORTS (2022)$37.4M
NET TRADE (2022)-$37.4M

In 2022, Nepal exported $64.6k in Machinery Having Individual Functions. The main destinations of Nepal exports on Machinery Having Individual Functions were India ($24.6k), Chinese Taipei ($19.5k), Malaysia ($7.4k), South Korea ($4.25k), and Norway ($3.41k).

In 2022, Nepal imported $37.4M in Machinery Having Individual Functions, mainly from India ($27.7M), China ($7.56M), Germany ($487k), Vietnam ($396k), and South Korea ($288k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Machinery Having Individual Functions EXPORT MARKETS FOR Nepal WERE (2021 - 2022):
Chinese Taipei$19.5k (1%)
Malaysia$7.4k (1%)
India$5.05k (25.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery Having Individual Functions BY Nepal WERE (2021 - 2022):
Germany-$7.01k (-100%)
Singapore-$4.38k (-74%)
Sweden-$933 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nepal's main exporting competitors in Machinery Having Individual Functions were:
In 2022, Nepal's main importing competitors in Machinery Having Individual Functions were:

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Trade Value of Machinery Having Individual Functions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $137k
TOP IMPORT POTENTIALChina+ $8.67M

Machinery Having Individual Functions’s highest export potential is India. With an export gap of $137k.   Machinery Having Individual Functions’s highest import potential is China with an import gap of $8.67M.

See methodology.

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