|
Nepal –
Export –Import
Nepal is the 150th largest export economy in the world and
the 100th most complex economy. In
2015, Nepal exported $909M and imported $6.61B, resulting in a negative trade
balance of $5.7B. In 2015 the GDP of Nepal was $21.2B and its GDP per capita
was $2.46k. Nepal borders China and India.
Nepal
mainly imports oil, gold, iron and steel, clothes, pharmaceutical products,
cement, electronic appliances, food and vehicles. Nepal’s main imports partner
is India (accounting for 58 percent of all imports). Others include China,
Indonesia, Argentina, South Korea, Malaysia, Japan and Germany.
|
Foreign Trade
Balance of Nepal
|
|
In Billion Rs.
|
|
|
Total Exports
|
Total Imports
|
Total Trade
|
Trade Deficit
|
Export: Import Ratio
|
|
F.Y. 2013/14
|
91.36
|
722.78
|
814.14
|
631.42
|
1 : 7.9
|
|
Share % in Total
Trade
|
11.2
|
88.8
|
|
|
|
|
|
|
|
|
|
|
|
F.Y. 2014/15
|
86.64
|
784.58
|
871.22
|
697.94
|
1 : 9.1
|
|
Share % in Total
Trade
|
9.9
|
90.1
|
|
|
|
|
|
|
|
|
|
|
|
F.Y. 2015/16 (2072/73)
|
71.14
|
781.15
|
852.29
|
710.01
|
1 : 11.0
|
|
Share % in Total
Trade
|
8.3
|
91.7
|
|
|
|
|
|
|
|
|
|
|
|
Percentage Change in F.Y. 2014/15 compared to same period of the
previous year
|
-5.2
|
8.6
|
7.0
|
10.5
|
|
|
Percentage Change in F.Y. 2015/16 compared to same period of the
previous year
|
-17.9
|
-0.4
|
-2.2
|
1.7
|
|
Top
10 Export Partners for FY 2015
|
Country
|
Export Volume ($)
|
Per % Distribution
|
|
India
|
$419,093,534
|
63.61 %
|
|
United States
|
$70,399,021
|
10.69 %
|
|
Germany
|
$26,755,674
|
4.06 %
|
|
United Kingdom
|
$20,658,377
|
3.14 %
|
|
Turkey
|
$12,641,615
|
1.92 %
|
|
China
|
$11,475,991
|
1.74 %
|
|
France
|
$10,057,978
|
1.53 %
|
|
Afghanistan
|
$9,121,724
|
1.38 %
|
|
Italy
|
$9,041,635
|
1.37 %
|
|
Japan
|
$8,374,688
|
1.27 %
|
|
Others
|
$61,176,630
|
9.29 %
|
|
Total
|
$660,181,996
|
100 %
|
Top
10 Import Partners for FY 2015
|
Country
|
Export Volume ($)
|
Per % Distribution
|
|
India
|
$4,008,219,531
|
60.81 %
|
|
China
|
$920,001,993
|
13.96 %
|
|
United Arab Emirates
|
$266,313,268
|
4.04 %
|
|
Indonesia
|
$118,081,758
|
1.79 %
|
|
Switzerland
|
$111,666,885
|
1.69 %
|
|
United States
|
$96,039,260
|
1.46 %
|
|
Germany
|
$88,802,978
|
1.35 %
|
|
Thailand
|
$83,181,725
|
1.26 %
|
|
France
|
$74,511,204
|
1.13 %
|
|
Argentina
|
$71,054,007
|
1.08 %
|
|
Others
|
$753,729,430
|
11.43 %
|
|
Total
|
$6,612,094,187
|
100 %
|
Top
10 Export Goods for FY 2015
|
HS Code
|
Export Goods
|
Export Volume ($)
|
Per %
|
|
09
|
Coffee & Spices
|
$68,355,551
|
10.35 %
|
|
57
|
Carpet
|
$64,267,136
|
9.73 %
|
|
55
|
Manmade Staple Fibres
|
$52,654,484
|
7.98 %
|
|
62
|
Apparel – Non Knit
|
$52,647,200
|
7.97 %
|
|
72
|
Iron & Steel
|
$41,755,597
|
6.32 %
|
|
20
|
Preserved Fruits & Vegetables
|
$36,392,879
|
5.51 %
|
|
54
|
Manmade Filaments
|
$35,339,863
|
5.35 %
|
|
63
|
Textile Articles
|
$34,014,373
|
5.15 %
|
|
73
|
Iron & Steel Articles
|
$20,862,785
|
3.16 %
|
|
64
|
Footwears
|
$17,311,758
|
2.62 %
|
|
|
Others
|
$236,580,370
|
35.84 %
|
|
|
Total
|
|
100 %
|
Top
10 Import Goods for FY 2015
|
HS Code
|
Export Goods
|
Export Volume ($)
|
Per %
|
|
27
|
Oil & Mineral Fuels
|
$881,101,910
|
13.33 %
|
|
72
|
Iron & Steel
|
$581,029,854
|
8.79 %
|
|
85
|
Electrical machinery
|
$485,205,036
|
7.34 %
|
|
84
|
Industrial Machinery
|
$412,975,449
|
6.25 %
|
|
87
|
Motor Vehicles & parts
|
$410,183,796
|
6.20 %
|
|
71
|
Precios Stones & Metals
|
$340,613,712
|
5.15 %
|
|
10
|
Cereals
|
$317,539,396
|
4.80 %
|
|
30
|
Pharmaceuticals
|
$263,579,280
|
3.99 %
|
|
39
|
Plastics
|
$252,703,478
|
3.82 %
|
|
88
|
Aircraft
|
$186,697,605
|
2.82 %
|
|
|
Others
|
$2,480,464,671
|
37.51 %
|
|
|
Total
|
|
100 %
|
|