About

Exports In 2023, Nepal exported $67.1k in Refined Petroleum, making it the 184th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 261st most exported product in Nepal. The main destination of Refined Petroleum exports from Nepal are: Iceland ($55.6k), India ($9.93k), Georgia ($1.58k), Bosnia and Herzegovina ($52), and Sri Lanka ($8).

The fastest growing export markets for Refined Petroleum of Nepal between 2022 and 2023 were Iceland ($13.7k), Georgia ($1.58k), and Bosnia and Herzegovina ($52).

Imports In 2023, Nepal imported $1.66B in Refined Petroleum, becoming the 89th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Nepal. Nepal imports Refined Petroleum primarily from: India ($1.65B), United Arab Emirates ($4.64M), Singapore ($2.35M), Malaysia ($1.18M), and Bahrain ($268k).

The fastest growing import markets in Refined Petroleum for Nepal between 2022 and 2023 were Indonesia ($35.9k), France ($27.1k), and Thailand ($25.8k).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Refined Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$67.1k
IMPORTS (2023)$1.66B
NET TRADE (2023)-$1.66B

In 2023, Nepal exported $67.1k in Refined Petroleum. The main destinations of Nepal exports on Refined Petroleum were Iceland ($55.6k), India ($9.93k), Georgia ($1.58k), Bosnia and Herzegovina ($52), and Sri Lanka ($8).

In 2023, Nepal imported $1.66B in Refined Petroleum, mainly from India ($1.65B), United Arab Emirates ($4.64M), Singapore ($2.35M), Malaysia ($1.18M), and Bahrain ($268k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Nepal WERE (2022 - 2023):
Iceland$13.7k (32.7%)
Georgia$1.58k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Nepal WERE (2022 - 2023):
India-$13.1k (-56.9%)
Canada-$1.46k (-99.5%)
Slovakia-$206 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Nepal's main exporting competitors in Refined Petroleum were:
In 2023, Nepal's main importing competitors in Refined Petroleum were:

Explore Visualizations

Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $107k
TOP IMPORT POTENTIALIndia+ $431M

Refined Petroleum’s highest export potential is India. With an export gap of $107k.   Refined Petroleum’s highest import potential is India with an import gap of $431M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with