2022
Exports
$84.1kWorld Rnk 192 / 216
Flag Rnk 76 / 95
2022
PRODUCT COMPLEXITY IN Mineral fuels, mineral oils and products of their distillation
0.48Rnk 371 / 1025
2022
Imports
$3.17BWorld Rnk 88 / 225
Flag Rnk 1 / 96

About

Exports In 2022, Nepal exported $84.1k in Mineral fuels, mineral oils and products of their distillation, making it the 192nd largest exporter of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 76th most exported product in Nepal. The main destination of Mineral fuels, mineral oils and products of their distillation exports from Nepal are: Iceland ($37.2k), India ($28.5k), Pakistan ($15.4k), Poland ($1.46k), and Canada ($1.32k).

The fastest growing export markets for Mineral fuels, mineral oils and products of their distillation of Nepal between 2021 and 2022 were Pakistan ($15.4k), Poland ($1.46k), and Canada ($1.26k).

Imports In 2022, Nepal imported $3.17B in Mineral fuels, mineral oils and products of their distillation, becoming the 88th largest importer of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 1st most imported product in Nepal. Nepal imports Mineral fuels, mineral oils and products of their distillation primarily from: India ($3.03B), Australia ($34.3M), South Africa ($25.8M), United States ($23.3M), and Indonesia ($19.6M).

The fastest growing import markets in Mineral fuels, mineral oils and products of their distillation for Nepal between 2021 and 2022 were India ($835M), Mozambique ($9M), and Indonesia ($2.51M).

Latest Trends

Nov 2024

Subnational Monthly Trade

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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 Mineral fuels, mineral oils and products of their distillation. 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)$84.1k
IMPORTS (2022)$3.17B
NET TRADE (2022)-$3.17B

In 2022, Nepal exported $84.1k in Mineral fuels, mineral oils and products of their distillation. The main destinations of Nepal exports on Mineral fuels, mineral oils and products of their distillation were Iceland ($37.2k), India ($28.5k), Pakistan ($15.4k), Poland ($1.46k), and Canada ($1.32k).

In 2022, Nepal imported $3.17B in Mineral fuels, mineral oils and products of their distillation, mainly from India ($3.03B), Australia ($34.3M), South Africa ($25.8M), United States ($23.3M), and Indonesia ($19.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mineral fuels, mineral oils and products of their distillation EXPORT MARKETS FOR Nepal WERE (2021 - 2022):
Pakistan$15.4k (1%)
Poland$1.46k (1%)
Canada$1.26k (1.9k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mineral fuels, mineral oils and products of their distillation BY Nepal WERE (2021 - 2022):
Iceland-$974k (-96.3%)
India-$16.8k (-37.1%)
Austria-$134 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Nepal's main exporting competitors in Mineral fuels, mineral oils and products of their distillation were:
In 2022, Nepal's main importing competitors in Mineral fuels, mineral oils and products of their distillation were:

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Trade Value of Mineral fuels, mineral oils and products of their distillation by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $126k
TOP IMPORT POTENTIALIndia+ $195M

Mineral fuels, mineral oils and products of their distillation’s highest export potential is India. With an export gap of $126k.   Mineral fuels, mineral oils and products of their distillation’s highest import potential is India with an import gap of $195M.

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