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Exports In 2022, Nepal exported $9.55M in Spices, making it the 40th largest exporter of Spices in the world. At the same year, Spices was the 28th most exported product in Nepal. The main destination of Spices exports from Nepal are: India ($6.9M), Germany ($1.17M), Burma ($673k), United States ($165k), and France ($130k).

The fastest growing export markets for Spices of Nepal between 2021 and 2022 were India ($3.56M), Burma ($635k), and Germany ($440k).

Imports In 2022, Nepal imported $11M in Spices, becoming the 51st largest importer of Spices in the world. At the same year, Spices was the 195th most imported product in Nepal. Nepal imports Spices primarily from: India ($10.8M), Pakistan ($44.4k), China ($29.7k), Indonesia ($27k), and Burma ($22.2k).

The fastest growing import markets in Spices for Nepal between 2021 and 2022 were Turkey ($20.8k), Indonesia ($19.1k), and Vietnam ($16.6k).

Latest Trends

Aug 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 (2022)$9.55M
IMPORTS (2022)$11M
NET TRADE (2022)-$1.5M

In 2022, Nepal exported $9.55M in Spices. The main destinations of Nepal exports on Spices were India ($6.9M), Germany ($1.17M), Burma ($673k), United States ($165k), and France ($130k).

In 2022, Nepal imported $11M in Spices, mainly from India ($10.8M), Pakistan ($44.4k), China ($29.7k), Indonesia ($27k), and Burma ($22.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR Nepal WERE (2021 - 2022):
India$3.56M (107%)
Burma$635k (1.67k%)
Germany$440k (59.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY Nepal WERE (2021 - 2022):
Hong Kong-$1.97M (-99.4%)
United States-$174k (-51.4%)
Australia-$85.5k (-59.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nepal's main exporting competitors in Spices were:
In 2022, 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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