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Exports In 2023, Nepal exported $15.4M in Spices, making it the 35th largest exporter of Spices in the world. At the same year, Spices was the 20th most exported product in Nepal. The main destination of Spices exports from Nepal are: India ($13.2M), Germany ($1.18M), United States ($366k), Australia ($145k), and Pakistan ($115k).

The fastest growing export markets for Spices of Nepal between 2022 and 2023 were India ($5.5M), Australia ($58.3k), and United States ($43.5k).

Imports In 2023, Nepal imported $11.9M in Spices, becoming the 48th largest importer of Spices in the world. At the same year, Spices was the 160th most imported product in Nepal. Nepal imports Spices primarily from: India ($10.8M), Pakistan ($744k), United Arab Emirates ($182k), China ($126k), and Spain ($8.74k).

The fastest growing import markets in Spices for Nepal between 2022 and 2023 were India ($770k), Pakistan ($700k), and United Arab Emirates ($175k).

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 Spices. 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)$15.4M
IMPORTS (2023)$11.9M
NET TRADE (2023)$3.52M

In 2023, Nepal exported $15.4M in Spices. The main destinations of Nepal exports on Spices were India ($13.2M), Germany ($1.18M), United States ($366k), Australia ($145k), and Pakistan ($115k).

In 2023, Nepal imported $11.9M in Spices, mainly from India ($10.8M), Pakistan ($744k), United Arab Emirates ($182k), China ($126k), and Spain ($8.74k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR Nepal WERE (2022 - 2023):
India$5.5M (71.9%)
Australia$58.3k (66.9%)
United States$43.5k (13.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY Nepal WERE (2022 - 2023):
Burma-$611k (-85.8%)
Germany-$119k (-9.21%)
France-$93.9k (-72.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nepal's main exporting competitors in Spices were:
In 2023, Nepal's main importing competitors in Spices were:

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Trade Value of Spices by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $2.41M
TOP IMPORT POTENTIALIndia+ $1.68M

Spices’s highest export potential is India. With an export gap of $2.41M.   Spices’s highest import potential is India with an import gap of $1.68M.

See methodology.

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