2023
Exports
$6.25MWorld Rnk 39 / 201
Flag Rnk 41 / 721
2023
PRODUCT COMPLEXITY IN Party Decorations
-1.05Rnk 843 / 1025
2023
Imports
$794kWorld Rnk 140 / 222
Flag Rnk 581 / 1139

About

Exports In 2023, Nepal exported $6.25M in Party Decorations, making it the 39th largest exporter of Party Decorations in the world. At the same year, Party Decorations was the 41st most exported product in Nepal. The main destination of Party Decorations exports from Nepal are: United States ($4.15M), Denmark ($478k), Canada ($393k), Germany ($241k), and United Kingdom ($200k).

The fastest growing export markets for Party Decorations of Nepal between 2022 and 2023 were Denmark ($475k), Switzerland ($72.9k), and United Kingdom ($59.8k).

Imports In 2023, Nepal imported $794k in Party Decorations, becoming the 140th largest importer of Party Decorations in the world. At the same year, Party Decorations was the 581st most imported product in Nepal. Nepal imports Party Decorations primarily from: China ($530k), India ($249k), Latvia ($14.6k), Malaysia ($216), and Portugal ($203).

The fastest growing import markets in Party Decorations for Nepal between 2022 and 2023 were India ($101k), Latvia ($2.16k), and Malaysia ($216).

Latest Trends

Dec 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 Party Decorations. 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)$6.25M
IMPORTS (2023)$794k
NET TRADE (2023)$5.45M

In 2023, Nepal exported $6.25M in Party Decorations. The main destinations of Nepal exports on Party Decorations were United States ($4.15M), Denmark ($478k), Canada ($393k), Germany ($241k), and United Kingdom ($200k).

In 2023, Nepal imported $794k in Party Decorations, mainly from China ($530k), India ($249k), Latvia ($14.6k), Malaysia ($216), and Portugal ($203).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Party Decorations EXPORT MARKETS FOR Nepal WERE (2022 - 2023):
Denmark$475k (14.6k%)
Switzerland$72.9k (314%)
United Kingdom$59.8k (42.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Party Decorations BY Nepal WERE (2022 - 2023):
United States-$1.14M (-21.6%)
South Korea-$290k (-100%)
Germany-$104k (-30.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nepal's main exporting competitors in Party Decorations were:
In 2023, Nepal's main importing competitors in Party Decorations were:

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Trade Value of Party Decorations by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.45M
TOP IMPORT POTENTIALChina+ $1.11M

Party Decorations’s highest export potential is United States. With an export gap of $2.45M.   Party Decorations’s highest import potential is China with an import gap of $1.11M.

See methodology.

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