2023
Exports
$3.36MWorld Rnk 51 / 180
Flag Rnk 53 / 721
2023
PRODUCT COMPLEXITY IN Tufted Carpets
0.12Rnk 514 / 1025
2023
Imports
$1.55MWorld Rnk 125 / 220
Flag Rnk 474 / 1139

About

Exports In 2023, Nepal exported $3.36M in Tufted Carpets, making it the 51st largest exporter of Tufted Carpets in the world. At the same year, Tufted Carpets was the 53rd most exported product in Nepal. The main destination of Tufted Carpets exports from Nepal are: India ($1.39M), United States ($338k), Italy ($279k), Canada ($224k), and China ($159k).

The fastest growing export markets for Tufted Carpets of Nepal between 2022 and 2023 were India ($809k), Italy ($75.9k), and New Zealand ($72k).

Imports In 2023, Nepal imported $1.55M in Tufted Carpets, becoming the 125th largest importer of Tufted Carpets in the world. At the same year, Tufted Carpets was the 474th most imported product in Nepal. Nepal imports Tufted Carpets primarily from: China ($1.04M), India ($359k), Turkey ($79.6k), United Arab Emirates ($42.6k), and Singapore ($17.8k).

The fastest growing import markets in Tufted Carpets for Nepal between 2022 and 2023 were China ($892k), Singapore ($17.6k), and Czechia ($50).

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 Tufted Carpets. 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)$3.36M
IMPORTS (2023)$1.55M
NET TRADE (2023)$1.81M

In 2023, Nepal exported $3.36M in Tufted Carpets. The main destinations of Nepal exports on Tufted Carpets were India ($1.39M), United States ($338k), Italy ($279k), Canada ($224k), and China ($159k).

In 2023, Nepal imported $1.55M in Tufted Carpets, mainly from China ($1.04M), India ($359k), Turkey ($79.6k), United Arab Emirates ($42.6k), and Singapore ($17.8k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tufted Carpets EXPORT MARKETS FOR Nepal WERE (2022 - 2023):
India$809k (140%)
Italy$75.9k (37.4%)
New Zealand$72k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tufted Carpets BY Nepal WERE (2022 - 2023):
United States-$1.03M (-75.2%)
Canada-$414k (-64.9%)
China-$348k (-68.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Tufted Carpets by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $1.31M
TOP IMPORT POTENTIALIndia+ $664k

Tufted Carpets’s highest export potential is United States. With an export gap of $1.31M.   Tufted Carpets’s highest import potential is India with an import gap of $664k.

See methodology.

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