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2022
Exports $5.47kWorld Rnk 163 / 206
Flag Rnk 497 / 763
2022
Destination $5.32k Norway
2021 - 2022
FASTEST GROWING MARKET $5.32kNorway
2022
PRODUCT COMPLEXITY IN Motor-working Tools1.33Rnk 88 / 1025
2022
Imports $3.27MWorld Rnk 117 / 224
Flag Rnk 397 / 1176
2022
Origin $322k China
2021 - 2022
FASTEST GROWING ORIGIN $322kBelize

About

Exports In 2022, Nepal exported $5.47k in Motor-working Tools, making it the 163rd largest exporter of Motor-working Tools in the world. At the same year, Motor-working Tools was the 497th most exported product in Nepal. The main destination of Motor-working Tools exports from Nepal are: Norway ($5.32k), Thailand ($143), and South Africa ($3).

The fastest growing export markets for Motor-working Tools of Nepal between 2021 and 2022 were Norway ($5.32k), Thailand ($143), and South Africa ($3).

Imports In 2022, Nepal imported $3.27M in Motor-working Tools, becoming the 117th largest importer of Motor-working Tools in the world. At the same year, Motor-working Tools was the 397th most imported product in Nepal. Nepal imports Motor-working Tools primarily from: China ($1.69M), India ($711k), Belize ($322k), Singapore ($141k), and Germany ($140k).

The fastest growing import markets in Motor-working Tools for Nepal between 2021 and 2022 were Belize ($322k), Singapore ($132k), and Germany ($108k).

Latest Trends

Jul 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 Motor-working Tools. 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)$5.47k
IMPORTS (2022)$3.27M
NET TRADE (2022)-$3.27M

In 2022, Nepal exported $5.47k in Motor-working Tools. The main destinations of Nepal exports on Motor-working Tools were Norway ($5.32k), Thailand ($143), and South Africa ($3).

In 2022, Nepal imported $3.27M in Motor-working Tools, mainly from China ($1.69M), India ($711k), Belize ($322k), Singapore ($141k), and Germany ($140k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Motor-working Tools EXPORT MARKETS FOR Nepal WERE (2021 - 2022):
Norway$5.32k (1%)
Thailand$143 (1%)
South Africa$3 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor-working Tools BY Nepal WERE (2021 - 2022):
Lebanon-$1.34k (-100%)
India-$509 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nepal's main exporting competitors in Motor-working Tools were:
China $3.37B
Germany $1.3B
Chinese Taipei $897M
In 2022, Nepal's main importing competitors in Motor-working Tools were:
United States $1.76B
Germany $581M
France $454M

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Trade Value of Motor-working Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNorway+ $3.95k
TOP IMPORT POTENTIALChina+ $6.16M

Motor-working Tools’s highest export potential is Norway. With an export gap of $3.95k.   Motor-working Tools’s highest import potential is China with an import gap of $6.16M.

See methodology.

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