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Exports In 2023, Nepal exported $65.2k in Precious Metal Watches, making it the 106th largest exporter of Precious Metal Watches in the world. At the same year, Precious Metal Watches was the 264th most exported product in Nepal. The main destination of Precious Metal Watches exports from Nepal are: Switzerland ($65.1k), Sweden ($94), Netherlands ($49), and Germany ($14).

The fastest growing export markets for Precious Metal Watches of Nepal between 2022 and 2023 were Switzerland ($65.1k), Sweden ($94), and Netherlands ($49).

Imports In 2023, Nepal imported $1.79M in Precious Metal Watches, becoming the 110th largest importer of Precious Metal Watches in the world. At the same year, Precious Metal Watches was the 446th most imported product in Nepal. Nepal imports Precious Metal Watches primarily from: Switzerland ($1.52M), United Arab Emirates ($190k), Singapore ($46.8k), India ($29.8k), and Thailand ($7.36k).

The fastest growing import markets in Precious Metal Watches for Nepal between 2022 and 2023 were Switzerland ($797k), United Arab Emirates ($142k), and India ($27.1k).

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 Precious Metal Watches. 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)$65.2k
IMPORTS (2023)$1.79M
NET TRADE (2023)-$1.73M

In 2023, Nepal exported $65.2k in Precious Metal Watches. The main destinations of Nepal exports on Precious Metal Watches were Switzerland ($65.1k), Sweden ($94), Netherlands ($49), and Germany ($14).

In 2023, Nepal imported $1.79M in Precious Metal Watches, mainly from Switzerland ($1.52M), United Arab Emirates ($190k), Singapore ($46.8k), India ($29.8k), and Thailand ($7.36k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Watches EXPORT MARKETS FOR Nepal WERE (2022 - 2023):
Switzerland$65.1k (1%)
Sweden$94 (1%)
Netherlands$49 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Watches BY Nepal WERE (2022 - 2023):
India-$27 (-100%)
Tanzania-$9 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
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In 2023, Nepal's main exporting competitors in Precious Metal Watches were:
In 2023, Nepal's main importing competitors in Precious Metal Watches were:

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Trade Value of Precious Metal Watches by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $792
TOP IMPORT POTENTIALSwitzerland+ $304k

Precious Metal Watches’s highest export potential is China. With an export gap of $792.   Precious Metal Watches’s highest import potential is Switzerland with an import gap of $304k.

See methodology.

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