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Exports In 2022, Nepal exported $3.71k in Silk Fabrics, making it the 89th largest exporter of Silk Fabrics in the world. At the same year, Silk Fabrics was the 529th most exported product in Nepal. The main destination of Silk Fabrics exports from Nepal are: United States ($1.31k), Portugal ($1.12k), Switzerland ($1.04k), Canada ($239), and South Africa ($4).

The fastest growing export markets for Silk Fabrics of Nepal between 2021 and 2022 were Portugal ($1.12k), Switzerland ($635), and United States ($189).

Imports In 2022, Nepal imported $2.53M in Silk Fabrics, becoming the 45th largest importer of Silk Fabrics in the world. At the same year, Silk Fabrics was the 440th most imported product in Nepal. Nepal imports Silk Fabrics primarily from: China ($2.15M), India ($252k), South Korea ($128k), and France ($3.53k).

The fastest growing import markets in Silk Fabrics for Nepal between 2021 and 2022 were China ($271k), South Korea ($88.2k), and India ($30.5k).

Latest Trends

Sep 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 Silk Fabrics. 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)$3.71k
IMPORTS (2022)$2.53M
NET TRADE (2022)-$2.53M

In 2022, Nepal exported $3.71k in Silk Fabrics. The main destinations of Nepal exports on Silk Fabrics were United States ($1.31k), Portugal ($1.12k), Switzerland ($1.04k), Canada ($239), and South Africa ($4).

In 2022, Nepal imported $2.53M in Silk Fabrics, mainly from China ($2.15M), India ($252k), South Korea ($128k), and France ($3.53k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silk Fabrics EXPORT MARKETS FOR Nepal WERE (2021 - 2022):
Portugal$1.12k (1%)
Switzerland$635 (156%)
United States$189 (16.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silk Fabrics BY Nepal WERE (2021 - 2022):
United Kingdom-$31.1k (-100%)
Netherlands-$704 (-100%)
Czechia-$377 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nepal's main exporting competitors in Silk Fabrics were:
China $435M
Italy $198M
India $59.9M
In 2022, Nepal's main importing competitors in Silk Fabrics were:

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Trade Value of Silk Fabrics by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $2.69k
TOP IMPORT POTENTIALChina+ $362k

Silk Fabrics’s highest export potential is United States. With an export gap of $2.69k.   Silk Fabrics’s highest import potential is China with an import gap of $362k.

See methodology.

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