2022
Exports
$6.59kWorld Rnk 111 / 142
Flag Rnk 476 / 763
2022
PRODUCT COMPLEXITY IN Synthetic Fabrics
-0.0088Rnk 549 / 1025
2022
Imports
$19.9MWorld Rnk 41 / 208
Flag Rnk 126 / 1176

About

Exports In 2022, Nepal exported $6.59k in Synthetic Fabrics, making it the 111th largest exporter of Synthetic Fabrics in the world. At the same year, Synthetic Fabrics was the 476th most exported product in Nepal. The main destination of Synthetic Fabrics exports from Nepal are: China ($6.54k) and Canada ($54).

The fastest growing export markets for Synthetic Fabrics of Nepal between 2021 and 2022 were China ($6.54k).

Imports In 2022, Nepal imported $19.9M in Synthetic Fabrics, becoming the 41st largest importer of Synthetic Fabrics in the world. At the same year, Synthetic Fabrics was the 126th most imported product in Nepal. Nepal imports Synthetic Fabrics primarily from: China ($12.8M), India ($6.96M), Thailand ($106k), Japan ($6.82k), and Indonesia ($4.66k).

The fastest growing import markets in Synthetic Fabrics for Nepal between 2021 and 2022 were China ($5.27M), Thailand ($34.3k), and Japan ($755).

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 Synthetic Fabrics. 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)$6.59k
IMPORTS (2022)$19.9M
NET TRADE (2022)-$19.9M

In 2022, Nepal exported $6.59k in Synthetic Fabrics. The main destinations of Nepal exports on Synthetic Fabrics were China ($6.54k) and Canada ($54).

In 2022, Nepal imported $19.9M in Synthetic Fabrics, mainly from China ($12.8M), India ($6.96M), Thailand ($106k), Japan ($6.82k), and Indonesia ($4.66k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Fabrics EXPORT MARKETS FOR Nepal WERE (2021 - 2022):China$6.54k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Fabrics BY Nepal WERE (2021 - 2022):
Germany-$5.09k (-100%)
Norway-$379 (-100%)
Canada-$17 (-23.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Synthetic Fabrics by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $14.7k
TOP IMPORT POTENTIALChina+ $2.66M

Synthetic Fabrics’s highest export potential is China. With an export gap of $14.7k.   Synthetic Fabrics’s highest import potential is China with an import gap of $2.66M.

See methodology.

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