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Exports In 2022, Nepal exported $47.1k in Basketwork, making it the 99th largest exporter of Basketwork in the world. At the same year, Basketwork was the 308th most exported product in Nepal. The main destination of Basketwork exports from Nepal are: Sweden ($8.61k), India ($8.37k), Germany ($8.11k), Canada ($7.15k), and Norway ($6.29k).

The fastest growing export markets for Basketwork of Nepal between 2021 and 2022 were Germany ($8.11k), Sweden ($7.46k), and Canada ($6.89k).

Imports In 2022, Nepal imported $51.2k in Basketwork, becoming the 152nd largest importer of Basketwork in the world. At the same year, Basketwork was the 970th most imported product in Nepal. Nepal imports Basketwork primarily from: China ($32.9k), India ($12.9k), Indonesia ($5.28k), Vietnam ($82), and Australia ($29).

The fastest growing import markets in Basketwork for Nepal between 2021 and 2022 were Indonesia ($5.28k), China ($5.22k), and Vietnam ($82).

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 Basketwork. 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)$47.1k
IMPORTS (2022)$51.2k
NET TRADE (2022)-$4.03k

In 2022, Nepal exported $47.1k in Basketwork. The main destinations of Nepal exports on Basketwork were Sweden ($8.61k), India ($8.37k), Germany ($8.11k), Canada ($7.15k), and Norway ($6.29k).

In 2022, Nepal imported $51.2k in Basketwork, mainly from China ($32.9k), India ($12.9k), Indonesia ($5.28k), Vietnam ($82), and Australia ($29).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Basketwork EXPORT MARKETS FOR Nepal WERE (2021 - 2022):
Germany$8.11k (1%)
Sweden$7.46k (652%)
Canada$6.89k (2.66k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Basketwork BY Nepal WERE (2021 - 2022):
Denmark-$58.9k (-99.8%)
Japan-$21k (-99.4%)
United States-$10.7k (-99.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nepal's main exporting competitors in Basketwork were:
In 2022, Nepal's main importing competitors in Basketwork were:

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Trade Value of Basketwork by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $21.1k
TOP IMPORT POTENTIALChina+ $93.4k

Basketwork’s highest export potential is India. With an export gap of $21.1k.   Basketwork’s highest import potential is China with an import gap of $93.4k.

See methodology.

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