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Exports In 2022, Nepal exported $106k in Other Musical Instruments, making it the 40th largest exporter of Other Musical Instruments in the world. At the same year, Other Musical Instruments was the 237th most exported product in Nepal. The main destination of Other Musical Instruments exports from Nepal are: Switzerland ($17.2k), United States ($14.3k), Spain ($14.1k), Czechia ($13.2k), and China ($10.8k).

The fastest growing export markets for Other Musical Instruments of Nepal between 2021 and 2022 were Spain ($10.7k), Czechia ($10.4k), and Canada ($6.51k).

Imports In 2022, Nepal imported $24k in Other Musical Instruments, becoming the 140th largest importer of Other Musical Instruments in the world. At the same year, Other Musical Instruments was the 1027th most imported product in Nepal. Nepal imports Other Musical Instruments primarily from: India ($14.8k), China ($9.18k), Japan ($41), and Venezuela ($22).

The fastest growing import markets in Other Musical Instruments for Nepal between 2021 and 2022 were China ($2.84k), Japan ($41), and Venezuela ($22).

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 Other Musical 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)$106k
IMPORTS (2022)$24k
NET TRADE (2022)$81.7k

In 2022, Nepal exported $106k in Other Musical Instruments. The main destinations of Nepal exports on Other Musical Instruments were Switzerland ($17.2k), United States ($14.3k), Spain ($14.1k), Czechia ($13.2k), and China ($10.8k).

In 2022, Nepal imported $24k in Other Musical Instruments, mainly from India ($14.8k), China ($9.18k), Japan ($41), and Venezuela ($22).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Musical Instruments EXPORT MARKETS FOR Nepal WERE (2021 - 2022):
Spain$10.7k (310%)
Czechia$10.4k (380%)
Canada$6.51k (286%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Musical Instruments BY Nepal WERE (2021 - 2022):
United States-$47.6k (-76.9%)
Germany-$14.9k (-84.7%)
Netherlands-$13.6k (-91.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Other Musical Instruments by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $18.9k
TOP IMPORT POTENTIALChina+ $17.6k

Other Musical Instruments’s highest export potential is China. With an export gap of $18.9k.   Other Musical Instruments’s highest import potential is China with an import gap of $17.6k.

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