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2022
Exports $18.9MWorld Rnk 42 / 192
Flag Rnk 19 / 763
2022
Destination $51.5k India
2021 - 2022
FASTEST GROWING MARKET $51.5kDenmark
2022
PRODUCT COMPLEXITY IN Packing Bags-1.76Rnk 978 / 1025
2022
Imports $363kWorld Rnk 179 / 223
Flag Rnk 758 / 1176
2022
Origin $68.9k India
2021 - 2022
FASTEST GROWING ORIGIN $68.9kUnited Kingdom

About

Exports In 2022, Nepal exported $18.9M in Packing Bags, making it the 42nd largest exporter of Packing Bags in the world. At the same year, Packing Bags was the 19th most exported product in Nepal. The main destination of Packing Bags exports from Nepal are: India ($15.5M), United States ($2.07M), United Kingdom ($268k), Australia ($154k), and Spain ($101k).

The fastest growing export markets for Packing Bags of Nepal between 2021 and 2022 were Denmark ($51.5k), Qatar ($43.7k), and Singapore ($25.9k).

Imports In 2022, Nepal imported $363k in Packing Bags, becoming the 179th largest importer of Packing Bags in the world. At the same year, Packing Bags was the 758th most imported product in Nepal. Nepal imports Packing Bags primarily from: India ($270k), United Kingdom ($69k), China ($19.6k), United States ($3.3k), and Switzerland ($374).

The fastest growing import markets in Packing Bags for Nepal between 2021 and 2022 were United Kingdom ($68.9k), India ($54.2k), and United States ($3.21k).

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 Packing Bags. 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)$18.9M
IMPORTS (2022)$363k
NET TRADE (2022)$18.5M

In 2022, Nepal exported $18.9M in Packing Bags. The main destinations of Nepal exports on Packing Bags were India ($15.5M), United States ($2.07M), United Kingdom ($268k), Australia ($154k), and Spain ($101k).

In 2022, Nepal imported $363k in Packing Bags, mainly from India ($270k), United Kingdom ($69k), China ($19.6k), United States ($3.3k), and Switzerland ($374).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packing Bags EXPORT MARKETS FOR Nepal WERE (2021 - 2022):
Denmark$51.5k (246%)
Qatar$43.7k (162%)
Singapore$25.9k (3.4k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packing Bags BY Nepal WERE (2021 - 2022):
India-$1.76M (-10.2%)
United States-$835k (-28.7%)
Germany-$191k (-74.9%)
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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 Packing Bags were:
China $1.74B
India $1.39B
Vietnam $639M
In 2022, Nepal's main importing competitors in Packing Bags were:
United States $894M
Japan $472M
Germany $351M

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Trade Value of Packing Bags by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.05M
TOP IMPORT POTENTIALIndia+ $370k

Packing Bags’s highest export potential is United States. With an export gap of $2.05M.   Packing Bags’s highest import potential is India with an import gap of $370k.

See methodology.

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