2023
Exports
$11.2MWorld Rnk 105 / 225
Flag Rnk 21 / 92
2023
PRODUCT COMPLEXITY IN Pharmaceutical products
1.25Rnk 89 / 1025
2023
Imports
$311MWorld Rnk 106 / 226
Flag Rnk 8 / 96

About

Exports In 2023, Nepal exported $11.2M in Pharmaceutical products, making it the 105th largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 21st most exported product in Nepal. The main destination of Pharmaceutical products exports from Nepal are: India ($9.77M), China ($402k), Singapore ($307k), United States ($184k), and Uganda ($118k).

The fastest growing export markets for Pharmaceutical products of Nepal between 2022 and 2023 were Singapore ($299k), Ireland ($74k), and Germany ($30k).

Imports In 2023, Nepal imported $311M in Pharmaceutical products, becoming the 106th largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 8th most imported product in Nepal. Nepal imports Pharmaceutical products primarily from: India ($223M), Germany ($55.2M), Belgium ($16.7M), Netherlands ($3.5M), and China ($2.53M).

The fastest growing import markets in Pharmaceutical products for Nepal between 2022 and 2023 were Germany ($52.6M), Israel ($1.26M), and Singapore ($466k).

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 Pharmaceutical products. 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)$11.2M
IMPORTS (2023)$311M
NET TRADE (2023)-$300M

In 2023, Nepal exported $11.2M in Pharmaceutical products. The main destinations of Nepal exports on Pharmaceutical products were India ($9.77M), China ($402k), Singapore ($307k), United States ($184k), and Uganda ($118k).

In 2023, Nepal imported $311M in Pharmaceutical products, mainly from India ($223M), Germany ($55.2M), Belgium ($16.7M), Netherlands ($3.5M), and China ($2.53M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical products EXPORT MARKETS FOR Nepal WERE (2022 - 2023):
Singapore$299k (3.57k%)
Ireland$74k (732%)
Germany$30k (39.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical products BY Nepal WERE (2022 - 2023):
India-$1.69M (-14.7%)
Algeria-$582k (-100%)
Niger-$460k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nepal's main exporting competitors in Pharmaceutical products were:
In 2023, Nepal's main importing competitors in Pharmaceutical products were:

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Trade Value of Pharmaceutical products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $3.66M
TOP IMPORT POTENTIALIndia+ $94.6M

Pharmaceutical products’s highest export potential is India. With an export gap of $3.66M.   Pharmaceutical products’s highest import potential is India with an import gap of $94.6M.

See methodology.

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