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Exports In 2022, Nepal exported $16.3k in Hats, making it the 95th largest exporter of Hats in the world. At the same year, Hats was the 396th most exported product in Nepal. The main destination of Hats exports from Nepal are: United Arab Emirates ($2.83k), United States ($2.72k), France ($2.39k), Romania ($2.08k), and Netherlands ($1.88k).

The fastest growing export markets for Hats of Nepal between 2021 and 2022 were France ($2.39k), Romania ($2.08k), and United Arab Emirates ($1.84k).

Imports In 2022, Nepal imported $155k in Hats, becoming the 108th largest importer of Hats in the world. At the same year, Hats was the 868th most imported product in Nepal. Nepal imports Hats primarily from: N/A.

The fastest growing import markets in Hats for Nepal between 2021 and 2022 were Thailand ($60.7k), Japan ($429), and Malaysia ($299).

Latest Trends

Sep 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 Hats. 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)$16.3k
IMPORTS (2022)$155k
NET TRADE (2022)-$139k

In 2022, Nepal exported $16.3k in Hats. The main destinations of Nepal exports on Hats were United Arab Emirates ($2.83k), United States ($2.72k), France ($2.39k), Romania ($2.08k), and Netherlands ($1.88k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hats EXPORT MARKETS FOR Nepal WERE (2021 - 2022):
France$2.39k (1%)
Romania$2.08k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hats BY Nepal WERE (2021 - 2022):
Germany-$45.1k (-100%)
Norway-$17.1k (-100%)
India-$15k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nepal's main exporting competitors in Hats were:
China $298M
Italy $24.4M
In 2022, Nepal's main importing competitors in Hats were:

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Trade Value of Hats by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $8.29k
TOP IMPORT POTENTIALChina+ $109k

Hats’s highest export potential is United States. With an export gap of $8.29k.   Hats’s highest import potential is China with an import gap of $109k.

See methodology.

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