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2022
Exports $1.29MWorld Rnk 98 / 207
Flag Rnk 92 / 763
2022
Destination $467k India
2021 - 2022
FASTEST GROWING MARKET $467kIndia
2022
PRODUCT COMPLEXITY IN Knit Men's Suits-1.32Rnk 915 / 1025
2022
Imports $6.17MWorld Rnk 118 / 221
Flag Rnk 294 / 1176
2022
Origin $229k China
2021 - 2022
FASTEST GROWING ORIGIN $229kIndia

About

Exports In 2022, Nepal exported $1.29M in Knit Men's Suits, making it the 98th largest exporter of Knit Men's Suits in the world. At the same year, Knit Men's Suits was the 92nd most exported product in Nepal. The main destination of Knit Men's Suits exports from Nepal are: India ($659k), Germany ($138k), Spain ($134k), United Kingdom ($100k), and Canada ($45.2k).

The fastest growing export markets for Knit Men's Suits of Nepal between 2021 and 2022 were India ($467k), Spain ($125k), and Germany ($71.1k).

Imports In 2022, Nepal imported $6.17M in Knit Men's Suits, becoming the 118th largest importer of Knit Men's Suits in the world. At the same year, Knit Men's Suits was the 294th most imported product in Nepal. Nepal imports Knit Men's Suits primarily from: China ($4.87M), India ($889k), United Arab Emirates ($103k), Vietnam ($61.4k), and Cambodia ($59.7k).

The fastest growing import markets in Knit Men's Suits for Nepal between 2021 and 2022 were India ($229k), United Arab Emirates ($45.9k), and Cambodia ($25.3k).

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 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)$1.29M
IMPORTS (2022)$6.17M
NET TRADE (2022)-$4.89M

In 2022, Nepal exported $1.29M in Knit Men's Suits. The main destinations of Nepal exports on Knit Men's Suits were India ($659k), Germany ($138k), Spain ($134k), United Kingdom ($100k), and Canada ($45.2k).

In 2022, Nepal imported $6.17M in Knit Men's Suits, mainly from China ($4.87M), India ($889k), United Arab Emirates ($103k), Vietnam ($61.4k), and Cambodia ($59.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Suits EXPORT MARKETS FOR Nepal WERE (2021 - 2022):
India$467k (243%)
Spain$125k (1.44k%)
Germany$71.1k (106%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Suits BY Nepal WERE (2021 - 2022):
United Kingdom-$33.2k (-24.8%)
Sweden-$10.7k (-96.4%)
Denmark-$5.6k (-79.2%)
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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 Knit Men's Suits were:
China $4.9B
Bangladesh $1.43B
Vietnam $1.42B
In 2022, Nepal's main importing competitors in Knit Men's Suits were:
United States $3.65B
Germany $921M
United Kingdom $799M

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Trade Value of Knit Men's Suits by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $618k
TOP IMPORT POTENTIALChina+ $2.42M

Knit Men's Suits’s highest export potential is India. With an export gap of $618k.   Knit Men's Suits’s highest import potential is China with an import gap of $2.42M.

See methodology.

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