2022
Exports
$2.68MWorld Rnk 52 / 197
Flag Rnk 64 / 763
2022
PRODUCT COMPLEXITY IN Party Decorations
-0.73Rnk 764 / 1025
2022
Imports
$884kWorld Rnk 141 / 221
Flag Rnk 613 / 1176

About

Exports In 2022, Nepal exported $2.68M in Party Decorations, making it the 52nd largest exporter of Party Decorations in the world. At the same year, Party Decorations was the 64th most exported product in Nepal. The main destination of Party Decorations exports from Nepal are: United States ($954k), Germany ($341k), Canada ($338k), South Korea ($288k), and United Kingdom ($138k).

The fastest growing export markets for Party Decorations of Nepal between 2021 and 2022 were South Korea ($199k), Canada ($167k), and Germany ($127k).

Imports In 2022, Nepal imported $884k in Party Decorations, becoming the 141st largest importer of Party Decorations in the world. At the same year, Party Decorations was the 613th most imported product in Nepal. Nepal imports Party Decorations primarily from: China ($746k), India ($119k), Latvia ($12.5k), Thailand ($2.4k), and South Korea ($1.11k).

The fastest growing import markets in Party Decorations for Nepal between 2021 and 2022 were China ($19k), Thailand ($2.34k), and South Korea ($1.11k).

Latest Trends

Nov 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 (2022)$2.68M
IMPORTS (2022)$884k
NET TRADE (2022)$1.79M

In 2022, Nepal exported $2.68M in Party Decorations. The main destinations of Nepal exports on Party Decorations were United States ($954k), Germany ($341k), Canada ($338k), South Korea ($288k), and United Kingdom ($138k).

In 2022, Nepal imported $884k in Party Decorations, mainly from China ($746k), India ($119k), Latvia ($12.5k), Thailand ($2.4k), and South Korea ($1.11k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Party Decorations EXPORT MARKETS FOR Nepal WERE (2021 - 2022):
South Korea$199k (225%)
Canada$167k (97.4%)
Germany$127k (59.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Party Decorations BY Nepal WERE (2021 - 2022):
United States-$977k (-50.6%)
Denmark-$656k (-99.5%)
United Kingdom-$95.5k (-40.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nepal's main exporting competitors in Party Decorations were:
In 2022, 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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