2022
Exports
$5.86kWorld Rnk 148 / 209
Flag Rnk 487 / 763
2022
PRODUCT COMPLEXITY IN Electrical Lighting and Signalling Equipment
0.96Rnk 190 / 1025
2022
Imports
$3.55MWorld Rnk 121 / 222
Flag Rnk 379 / 1176

About

Exports In 2022, Nepal exported $5.86k in Electrical Lighting and Signalling Equipment, making it the 148th largest exporter of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 487th most exported product in Nepal. The main destination of Electrical Lighting and Signalling Equipment exports from Nepal are: Palestine ($4.65k), Canada ($288), India ($256), Switzerland ($234), and New Zealand ($188).

The fastest growing export markets for Electrical Lighting and Signalling Equipment of Nepal between 2021 and 2022 were Palestine ($4.61k), Switzerland ($197), and Turkey ($112).

Imports In 2022, Nepal imported $3.55M in Electrical Lighting and Signalling Equipment, becoming the 121st largest importer of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 379th most imported product in Nepal. Nepal imports Electrical Lighting and Signalling Equipment primarily from: India ($3.06M), China ($223k), Japan ($53.1k), Thailand ($52.6k), and South Korea ($50.8k).

The fastest growing import markets in Electrical Lighting and Signalling Equipment for Nepal between 2021 and 2022 were South Korea ($48.2k), Chinese Taipei ($24.7k), and Japan ($22.9k).

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 Electrical Lighting and Signalling Equipment. 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)$5.86k
IMPORTS (2022)$3.55M
NET TRADE (2022)-$3.55M

In 2022, Nepal exported $5.86k in Electrical Lighting and Signalling Equipment. The main destinations of Nepal exports on Electrical Lighting and Signalling Equipment were Palestine ($4.65k), Canada ($288), India ($256), Switzerland ($234), and New Zealand ($188).

In 2022, Nepal imported $3.55M in Electrical Lighting and Signalling Equipment, mainly from India ($3.06M), China ($223k), Japan ($53.1k), Thailand ($52.6k), and South Korea ($50.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Lighting and Signalling Equipment EXPORT MARKETS FOR Nepal WERE (2021 - 2022):
Palestine$4.61k (11.5k%)
Switzerland$197 (532%)
Turkey$112 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Lighting and Signalling Equipment BY Nepal WERE (2021 - 2022):
India-$388 (-60.2%)
Canada-$303 (-51.3%)
Russia-$208 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nepal's main exporting competitors in Electrical Lighting and Signalling Equipment were:
China $5.89B
Mexico $3.86B
Germany $3.32B
In 2022, Nepal's main importing competitors in Electrical Lighting and Signalling Equipment were:

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Trade Value of Electrical Lighting and Signalling Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $2.45k
TOP IMPORT POTENTIALIndia+ $796k

Electrical Lighting and Signalling Equipment’s highest export potential is India. With an export gap of $2.45k.   Electrical Lighting and Signalling Equipment’s highest import potential is India with an import gap of $796k.

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