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Exports In 2022, Nepal exported $140k in Medical Instruments, making it the 161st largest exporter of Medical Instruments in the world. At the same year, Medical Instruments was the 216th most exported product in Nepal. The main destination of Medical Instruments exports from Nepal are: United States ($39.5k), Singapore ($19.8k), India ($19.5k), Costa Rica ($18.1k), and Italy ($14.7k).

The fastest growing export markets for Medical Instruments of Nepal between 2021 and 2022 were United States ($24.8k), Costa Rica ($18.1k), and Italy ($14.6k).

Imports In 2022, Nepal imported $75.8M in Medical Instruments, becoming the 85th largest importer of Medical Instruments in the world. At the same year, Medical Instruments was the 28th most imported product in Nepal. Nepal imports Medical Instruments primarily from: China ($24.9M), India ($19.2M), Germany ($6M), Japan ($4.78M), and South Korea ($4.16M).

The fastest growing import markets in Medical Instruments for Nepal between 2021 and 2022 were South Korea ($2.04M), Switzerland ($430k), and United Arab Emirates ($418k).

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 Medical Instruments. 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)$140k
IMPORTS (2022)$75.8M
NET TRADE (2022)-$75.7M

In 2022, Nepal exported $140k in Medical Instruments. The main destinations of Nepal exports on Medical Instruments were United States ($39.5k), Singapore ($19.8k), India ($19.5k), Costa Rica ($18.1k), and Italy ($14.7k).

In 2022, Nepal imported $75.8M in Medical Instruments, mainly from China ($24.9M), India ($19.2M), Germany ($6M), Japan ($4.78M), and South Korea ($4.16M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Medical Instruments EXPORT MARKETS FOR Nepal WERE (2021 - 2022):
United States$24.8k (169%)
Costa Rica$18.1k (1%)
Italy$14.6k (8.05k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Medical Instruments BY Nepal WERE (2021 - 2022):
India-$93.7k (-82.7%)
Chinese Taipei-$46.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nepal's main exporting competitors in Medical Instruments were:
In 2022, Nepal's main importing competitors in Medical Instruments were:

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Trade Value of Medical Instruments by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $152k
TOP IMPORT POTENTIALChina+ $16.8M

Medical Instruments’s highest export potential is United States. With an export gap of $152k.   Medical Instruments’s highest import potential is China with an import gap of $16.8M.

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