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Pricing

2022
Flag → Flag
Exports $280MRnk 123 / 219
2022
Flag → Flag
Top Product $92.4MVaccines, blood, antisera, toxins and cultures
2022
Flag → Flag
Exports $152MRnk 2 / 149
2022
Flag → Flag
Top Product $52MKnotted Carpets
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag  
GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
 GDP$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH88.1%CURRENT US$
Rnk 21 / 186
2022
Flag
GDP PC $76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186
2022
Flag
GDP PC$1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH68.3%CURRENT US$
Rnk 18 / 186

About

United States-Nepal Trade: In 2022, United States exported $280M to Nepal. The main products that United States exported to Nepal were Vaccines, blood, antisera, toxins and cultures ($92.4M), Soybeans ($60.7M), and Coal Briquettes ($22.3M). Over the past 5 years the exports of United States to Nepal have increased at an annualized rate of 34.3%, from $64.1M in 2017 to $280M in 2022.

In 2022, United States did not export any services to Nepal.

Nepal-United States Trade: In 2022, Nepal exported $152M to United States. The main products that Nepal exported to United States were Knotted Carpets ($52M), Animal Food ($20.3M), and Felt ($12.9M). Over the past 5 years the exports of Nepal to United States have increased at an annualized rate of 7.85%,  from $104M in 2017 to $152M in 2022.

In 2022, Nepal did not export any services to United States.

Comparison In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47),  and 2 in total exports ($1.95T). That same year, Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index.

Company data: In 2023, leading companies such as were at the forefront of exporting goods from Nepal to the United States. Conversely, were notable for importing products to Nepal from the United States.

Latest Trends

June, 2024

About

Overview In June 2024, United States exported $8.9M and imported $10.3M from Nepal, resulting in a negative trade balance of $1.45M. Between June 2023 and June 2024 the exports of United States have increased by $3.97M (80.6%) from $4.93M to $8.9M, while imports decreased by $-905k (-8.04%) from $11.3M to $10.3M.

Trade In June 2024, the top exports of United States to Nepal were Computers ($1.03M), Artificial Filament Tow ($770k), Soybeans ($452k), Aircraft Parts ($387k), and Commodities not elsewhere specified ($306k). In June 2024 the top imports of United States from Nepal were Knotted Carpets ($3.89M), Animal Food ($1.3M), Bedspreads ($393k), Hand-Woven Rugs ($311k), and Other Cloth Articles ($265k).

Origins In June 2024 the exports of United States were mainly from Minnesota ($2.75M), New Jersey ($1.13M), California ($962k), Florida ($744k), and Tennessee ($601k), while imports destinations were mainly New York ($3M), California ($1.57M), Maryland ($1.09M), New Jersey ($872k), and Washington ($801k).

Growth In June 2024, the increase in United States's year-by-year exports to Nepal was explained primarily by an increase in product exports in Aircraft Parts ($175k or 82.4%), Sauces and Seasonings ($96.3k or 428%), and Beauty Products ($81.5k or 146%). In June 2024, the decrease in United States's year-by-year imports  from Nepal was explained primarily by an decrease in product imports  in Essential Oils ($-529k or -83.5%), Other Cloth Articles ($-221k or -45.5%), and Hand-Woven Rugs ($-170k or -35.4%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)$3.97M(80.6%)
IMPORT GROWTH (June 2023 - June 2024)$-905k(-8.04%)
MAIN EXPORTER (June 2024)Minnesota$2.75M

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Nepal and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Nepal and United States Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $280M to Nepal. The main products exported from United States to Nepal were Vaccines, blood, antisera, toxins and cultures ($92.4M), Soybeans ($60.7M), and Coal Briquettes ($22.3M). During the last 5 years the exports of United States to Nepal have increased at an annualized rate of 34.3%, from $64.1M in 2017 to $280M in 2022.

In 2017, Nepal exported $152M to United States. The main products exported from Nepal to United States were Knotted Carpets ($52M), Animal Food ($20.3M), and Felt ($12.9M). During the last 5 years the exports of Nepal to United States have increased at an annualized rate of 7.85%, from $104M in 2022 to $152M in 2017.

Exports from United States (Flag) to Nepal (Flag) (2022)

Exports from Nepal (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top DestinationCanada$308B
Nepal
Top DestinationIndia$956M

This map shows whether countries import more from United States or Nepal. Each country is colored based on the difference in imports they receive from United States and Nepal or the difference in the growth in imports.

In 2022, countries that imported more from United States than Nepal included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, no countries were registered that imported more from Nepal than from United States.

Difference in imports from Nepal (Flag) and United States (Flag) (2022)

Comparative Advantage United States - Nepal

Flow
Scale

This chart compares trade between United States and Nepal by product, considering products traded by both, United States and Nepal.

During 2022, United States had a large net trade with Nepal in the exports of Chemical Products ($100M), Vegetable Products ($68.1M), and Mineral Products ($23.4M).

During 2017, Nepal had a large net trade with United States in the exports of Textiles ($100M), Foodstuffs ($23.7M), and Precious Metals ($4.05M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Nepal+$11.5MCoal Briquettes
Top Product Potential Nepal United States+$8.31MNon-Knit Women's Suits

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United States and Nepal. This means that a dot/product with the flag of United States indicates it has a comparative advantage over Nepal. Similarly, a dot/product with the flag of Nepal indicates it has a comparative advantage over United States.

Product Space of United States (Flag) and Nepal (Flag) (2022)

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