2022
Exports
$4MWorld Rnk 97 / 221
Flag Rnk 50 / 763
2022
PRODUCT COMPLEXITY IN Non-Knit Men's Suits
-1.17Rnk 874 / 1025
2022
Imports
$43.3MWorld Rnk 73 / 225
Flag Rnk 49 / 1176

About

Exports In 2022, Nepal exported $4M in Non-Knit Men's Suits, making it the 97th largest exporter of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 50th most exported product in Nepal. The main destination of Non-Knit Men's Suits exports from Nepal are: India ($889k), United States ($860k), Australia ($479k), United Kingdom ($287k), and Netherlands ($204k).

The fastest growing export markets for Non-Knit Men's Suits of Nepal between 2021 and 2022 were United States ($488k), India ($374k), and Australia ($302k).

Imports In 2022, Nepal imported $43.3M in Non-Knit Men's Suits, becoming the 73rd largest importer of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 49th most imported product in Nepal. Nepal imports Non-Knit Men's Suits primarily from: China ($40.3M), India ($2.09M), Bangladesh ($373k), Indonesia ($129k), and Vietnam ($101k).

The fastest growing import markets in Non-Knit Men's Suits for Nepal between 2021 and 2022 were India ($579k), Cambodia ($47.9k), and Vietnam ($28.2k).

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 Non-Knit Men's Suits. 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)$4M
IMPORTS (2022)$43.3M
NET TRADE (2022)-$39.3M

In 2022, Nepal exported $4M in Non-Knit Men's Suits. The main destinations of Nepal exports on Non-Knit Men's Suits were India ($889k), United States ($860k), Australia ($479k), United Kingdom ($287k), and Netherlands ($204k).

In 2022, Nepal imported $43.3M in Non-Knit Men's Suits, mainly from China ($40.3M), India ($2.09M), Bangladesh ($373k), Indonesia ($129k), and Vietnam ($101k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Men's Suits EXPORT MARKETS FOR Nepal WERE (2021 - 2022):
United States$488k (131%)
India$374k (72.7%)
Australia$302k (170%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Men's Suits BY Nepal WERE (2021 - 2022):
Germany-$259k (-69%)
Ireland-$64k (-91.2%)
United Kingdom-$41k (-12.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nepal's main exporting competitors in Non-Knit Men's Suits were:
In 2022, Nepal's main importing competitors in Non-Knit Men's Suits were:

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Trade Value of Non-Knit Men's Suits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.57M
TOP IMPORT POTENTIALChina+ $12.7M

Non-Knit Men's Suits’s highest export potential is United States. With an export gap of $1.57M.   Non-Knit Men's Suits’s highest import potential is China with an import gap of $12.7M.

See methodology.

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