2022
Exports
$28.3kWorld Rnk 117 / 175
Flag Rnk 352 / 763
2022
PRODUCT COMPLEXITY IN Soups and Broths
-0.5Rnk 704 / 1025
2022
Imports
$1.23MWorld Rnk 143 / 223
Flag Rnk 567 / 1176

About

Exports In 2022, Nepal exported $28.3k in Soups and Broths, making it the 117th largest exporter of Soups and Broths in the world. At the same year, Soups and Broths was the 352nd most exported product in Nepal. The main destination of Soups and Broths exports from Nepal are: United States ($15.7k), Japan ($9.25k), and Australia ($3.38k).

The fastest growing export markets for Soups and Broths of Nepal between 2021 and 2022 were Japan ($1.3k).

Imports In 2022, Nepal imported $1.23M in Soups and Broths, becoming the 143rd largest importer of Soups and Broths in the world. At the same year, Soups and Broths was the 567th most imported product in Nepal. Nepal imports Soups and Broths primarily from: India ($727k), China ($240k), Turkey ($179k), Singapore ($72.7k), and Japan ($5.38k).

The fastest growing import markets in Soups and Broths for Nepal between 2021 and 2022 were China ($202k), Singapore ($70k), and Turkey ($42.3k).

Latest Trends

Jul 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 Soups and Broths. 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)$28.3k
IMPORTS (2022)$1.23M
NET TRADE (2022)-$1.2M

In 2022, Nepal exported $28.3k in Soups and Broths. The main destinations of Nepal exports on Soups and Broths were United States ($15.7k), Japan ($9.25k), and Australia ($3.38k).

In 2022, Nepal imported $1.23M in Soups and Broths, mainly from India ($727k), China ($240k), Turkey ($179k), Singapore ($72.7k), and Japan ($5.38k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soups and Broths EXPORT MARKETS FOR Nepal WERE (2021 - 2022):Japan$1.3k (16.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soups and Broths BY Nepal WERE (2021 - 2022):
United States-$16.1k (-50.6%)
Australia-$831 (-19.7%)
New Zealand-$162 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nepal's main exporting competitors in Soups and Broths were:
In 2022, Nepal's main importing competitors in Soups and Broths were:

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Trade Value of Soups and Broths by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $26.6k
TOP IMPORT POTENTIALChina+ $191k

Soups and Broths’s highest export potential is United States. With an export gap of $26.6k.   Soups and Broths’s highest import potential is China with an import gap of $191k.

See methodology.

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