[1] Primary trade source
OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.
Country intelligence · NPL · 2024
Nepal trade profile
In 2024, Nepal recorded $1.2B in merchandise exports and $11.5B in imports, producing a $10.3B trade deficit. Exports changed +1.8% from the previous year, while imports changed +6.8%.[1]
Exports
$1.2B
+1.8%
Imports
$11.5B
+6.8%
Trade balance
-$10.3B
deficit
Active partners
270
7 FTA-linked
Historical evidence
Ten-year trade movement
The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports
Exact annual values
Leading export sectors
HS2 chapters rank broad product groups by observed export value in 2024.
1$232.9M
HS 15 · HS chapter
40 active HS6 lines · 17 export partners
2$98.3M
HS 57 · HS chapter
22 active HS6 lines · 90 export partners
3$92.7M
HS 09 · HS chapter
39 active HS6 lines · 76 export partners
4$91.2M
HS 55 · HS chapter
99 active HS6 lines · 22 export partners
5$79.7M
HS 72 · HS chapter
155 active HS6 lines · 15 export partners
6$56.3M
HS 22 · HS chapter
24 active HS6 lines · 33 export partners
7$49.8M
HS 62 · HS chapter
112 active HS6 lines · 103 export partners
8$48.5M
HS 44 · HS chapter
97 active HS6 lines · 62 export partners
Leading export markets
Destinations rank bilateral export flows from Nepal; growth describes each corridor rather than the whole economy.
1$838.3M
India
Annual change +3.4% · 3-year CAGR -13.0%
2$134.6M
United States
Annual change -3.5% · 3-year CAGR 3.6%
3$36.3M
Germany
Annual change -2.6% · 3-year CAGR 3.4%
4$24.8M
China
Annual change +7.3% · 3-year CAGR 6.8%
5$22.3M
United Kingdom
Annual change -7.9% · 3-year CAGR 0.8%
6$18.0M
France
Annual change -6.4% · 3-year CAGR 8.3%
7$14.3M
Türkiye
Annual change -17.5% · 3-year CAGR -8.9%
8$13.6M
Japan
Annual change +18.6% · 3-year CAGR 18.8%
Sources, definitions and limitations
Calculation notes
USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.