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Exports In 2022, Nepal exported $118k in Retail Wool or Animal Hair Yarn, making it the 44th largest exporter of Retail Wool or Animal Hair Yarn in the world. At the same year, Retail Wool or Animal Hair Yarn was the 226th most exported product in Nepal. The main destination of Retail Wool or Animal Hair Yarn exports from Nepal are: Germany ($40.3k), Norway ($21.8k), Denmark ($16.7k), Sweden ($16k), and South Korea ($6.23k).

The fastest growing export markets for Retail Wool or Animal Hair Yarn of Nepal between 2021 and 2022 were Germany ($28.6k), Sweden ($12.3k), and South Korea ($5.8k).

Imports In 2022, Nepal imported $716k in Retail Wool or Animal Hair Yarn, becoming the 41st largest importer of Retail Wool or Animal Hair Yarn in the world. At the same year, Retail Wool or Animal Hair Yarn was the 651st most imported product in Nepal. Nepal imports Retail Wool or Animal Hair Yarn primarily from: China ($579k), Mongolia ($72.5k), Italy ($43.4k), India ($20.6k), and United States ($189).

The fastest growing import markets in Retail Wool or Animal Hair Yarn for Nepal between 2021 and 2022 were China ($227k), Mongolia ($3.48k), and United States ($158).

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 Retail Wool or Animal Hair Yarn. 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)$118k
IMPORTS (2022)$716k
NET TRADE (2022)-$598k

In 2022, Nepal exported $118k in Retail Wool or Animal Hair Yarn. The main destinations of Nepal exports on Retail Wool or Animal Hair Yarn were Germany ($40.3k), Norway ($21.8k), Denmark ($16.7k), Sweden ($16k), and South Korea ($6.23k).

In 2022, Nepal imported $716k in Retail Wool or Animal Hair Yarn, mainly from China ($579k), Mongolia ($72.5k), Italy ($43.4k), India ($20.6k), and United States ($189).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Retail Wool or Animal Hair Yarn EXPORT MARKETS FOR Nepal WERE (2021 - 2022):
Germany$28.6k (246%)
Sweden$12.3k (329%)
South Korea$5.8k (1.33k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Retail Wool or Animal Hair Yarn BY Nepal WERE (2021 - 2022):
Canada-$6.49k (-76.2%)
Switzerland-$6.29k (-92%)
Italy-$5.65k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Nepal's main exporting competitors in Retail Wool or Animal Hair Yarn were:
Italy $88.1M
Peru $58.9M
Germany $35.4M
In 2022, Nepal's main importing competitors in Retail Wool or Animal Hair Yarn were:

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Trade Value of Retail Wool or Animal Hair Yarn by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $27.1k
TOP IMPORT POTENTIALItaly+ $31.9k

Retail Wool or Animal Hair Yarn’s highest export potential is Germany. With an export gap of $27.1k.   Retail Wool or Animal Hair Yarn’s highest import potential is Italy with an import gap of $31.9k.

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