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2023
Exports $5.4kWorld Rnk 173 / 199
Flag Rnk 462 / 721
2023
Destination $4.16k Italy
2022 - 2023
FASTEST GROWING MARKET $4.16kItaly
2023
PRODUCT COMPLEXITY IN Navigation Equipment1.03Rnk 167 / 1025
2023
Imports $789kWorld Rnk 157 / 223
Flag Rnk 585 / 1139
2023
Origin $188k United Kingdom
2022 - 2023
FASTEST GROWING ORIGIN $188kUnited Kingdom

About

Exports In 2023, Nepal exported $5.4k in Navigation Equipment, making it the 173rd largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 462nd most exported product in Nepal. The main destination of Navigation Equipment exports from Nepal are: Italy ($4.16k), Singapore ($990), and Netherlands ($248).

The fastest growing export markets for Navigation Equipment of Nepal between 2022 and 2023 were Italy ($4.16k), Singapore ($990), and Netherlands ($248).

Imports In 2023, Nepal imported $789k in Navigation Equipment, becoming the 157th largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 585th most imported product in Nepal. Nepal imports Navigation Equipment primarily from: United Kingdom ($189k), China ($159k), United States ($112k), Singapore ($92.1k), and United Arab Emirates ($36.4k).

The fastest growing import markets in Navigation Equipment for Nepal between 2022 and 2023 were United Kingdom ($188k), Singapore ($91.7k), and Spain ($22.9k).

Latest Trends

Jan 2025

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 Navigation Equipment. 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 (2023)$5.4k
IMPORTS (2023)$789k
NET TRADE (2023)-$783k

In 2023, Nepal exported $5.4k in Navigation Equipment. The main destinations of Nepal exports on Navigation Equipment were Italy ($4.16k), Singapore ($990), and Netherlands ($248).

In 2023, Nepal imported $789k in Navigation Equipment, mainly from United Kingdom ($189k), China ($159k), United States ($112k), Singapore ($92.1k), and United Arab Emirates ($36.4k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR Nepal WERE (2022 - 2023):
Italy$4.16k (1%)
Singapore$990 (1%)
Netherlands$248 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY Nepal WERE (2022 - 2023):France-$524 (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nepal's main exporting competitors in Navigation Equipment were:
China $3.35B
United States $3.12B
Germany $1.92B
In 2023, Nepal's main importing competitors in Navigation Equipment were:
United States $4.43B
Germany $2.3B
China $1.81B

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Trade Value of Navigation Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $1.63k
TOP IMPORT POTENTIALChina+ $758k

Navigation Equipment’s highest export potential is France. With an export gap of $1.63k.   Navigation Equipment’s highest import potential is China with an import gap of $758k.

See methodology.

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