Top 10 Countries from where Chewing Gums are Imported to Nepal

Last updated on 2024-04-15

Nepal is a trade-liberalized country in South Asia with a trade-dependent economy. Nepal's heritage of overseas trade began before 1951 A.D. when the country's only neighbors were India and Tibet. However, following 1951 A.D., Nepal's commercial links expanded to include Japan, the United States, Germany, Malaysia, Thailand, Bangladesh, and other countries. Due to a scarcity of commodities to sell, the country's trade imbalance grew in tandem with its growing foreign trade. In this article, we have compiled the top 10 list from countries from which Nepal imports chewing gum.

*The ranking is done based on data collected from the Ministry of Finance.

10. Japan

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Relations between Nepal and Japan extend back to the late eighteenth century. On September 1, 1956, diplomatic relations were established, formalizing the partnership. Friendship, goodwill, and cooperation characterize the two countries' relationships. In 1965, Nepal opened an embassy in Tokyo, and Japan opened an embassy in Kathmandu in 1967. Japan is one of the most important trading partners of Nepal with about 42 kilograms of chewing being imported from it.

Import value (in thousands) : Rs. 46
Import Quantity : 42 kg

9. United Arab Emirates

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Nepal and the United Arab Emirates established diplomatic relations on January 22, 1977. On April 11, 2004, Nepal established its residential embassy in Abu Dhabi as a Charge d'Affaires, and on December 21, 2007, it was raised to Ambassadorial status. In the areas of tourism, renewable energy, and human resource development. Nepal and the UAE have a lot of potential for cooperation where Nepal is looking forward to taking its relationship with the UAE to new heights in the coming days.

Import value (in thousands) : Rs. 74
Import Quantity : 67 kg

8. Poland

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Nepal and Poland established diplomatic relations on November 25, 1959. In Kathmandu, the Office of the Polish Trade Representative was established in 1966, but it was disbanded in 1974 when the residential Polish Embassy was established. For the previous few years, the trade balance between Nepal and Poland has been unfavorable to Nepal.

Import value (in thousands) : Rs. 80
Import Quantity : 73 kg

7. Netherlands

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The diplomatic relationship between Nepal and the Netherlands was established on April 2, 1960. The Nepalese Embassy in Belgium is accredited to the Netherlands at the same time that the Netherlands Embassy in New Delhi is accredited to Nepal. At both the government and people-to-people levels, Nepal and the Netherlands have friendly, cordial, and cooperative bilateral relations. Nepal imports 164 kilograms of chewing gum from the Netherlands along with textile products, machinery and parts, industrial raw materials, electrical goods, research equipment, and so on.

Import value (in thousands) : Rs. 179
Import Quantity : 164 kg

6. United Kingdom

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Nepal and the United Kingdom established diplomatic ties in 1816. In 1923, the Treaty of Friendship between the United Kingdom and Nepal was signed, further formalizing relations between the two countries. Friendship, mutual understanding, cordiality, cooperation, and respect for each other's national interests and aspirations have defined the relationship between the two countries since their diplomatic relations began.

Import value (in thousands) : Rs. 345
Import Quantity : 318 kg

5. Republic of Korea

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The Republic of Korea is the 5th country from where most Chewing Gums are exported to Nepal. The diplomatic relations between Nepal and the Republic of Korea (RoK) were on May 15, 1974. On December 11, 1970, Nepal and the Democratic People's Republic of Korea signed a Bilateral Trade Agreement. The two countries’ relations are built on mutual respect, friendship, and cooperation. South Korea is one of the top five investors in Nepal. In the year 2020-2021, Nepal imported 518 kilograms of Chewing Gum from the Republic of Korea. The volume of trade between Nepal and the Republic of Korea has increased throughout time, with the trade balance significantly favoring Korea.

Import value (in thousands) : Rs. 200
Import Quantity : 518 kg

4. United States

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Nepal and the United States have a robust and positive connection. The United States recognized Nepal in 1947, and the two countries established diplomatic relations in 1948. In 2016, Nepal became one of few countries in the world with a single-country trade preference program with the United States. At present, the USA is one of the top 5 Chewing Gum trading partners of Nepal. In 2020-2021, Nepal imported 601 kilograms of Chewing Gum from the United States of America.

Import value (in thousands) : Rs. 528
Import Quantity : 601 kg

3. Turkey

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Turkey is one of the top countries from where Nepal imports Chewing Gum. The formal diplomatic relationship between Nepal and Turkey was established on November 15, 1926. In June 2014, the Nepal-Turkey Chamber of Commerce joined with the Istanbul Chamber of Commerce (ICOC) to strengthen the two nations' trade ties. 4,692 kilograms of chewing gums were imported from Turkey with an import revenue of 1,414 rupees in the year 2020-2021.

Import value (in thousands) : Rs. 1,910
Import Quantity : 4,692 kg

2. Bangladesh

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Bangladesh is the second-largest market from where Chewing Gum is imported to Nepal. Nepal and the People’s Republic of Bangladesh established diplomatic relations on 8th April 1972. In 2020/21, Nepal imported 47,925 kilograms of chewing gums from Bangladesh. Nepal’s trade with and through Bangladesh transits through India. Following the opening of the Kakarbhitta-Phulbari-Banglabandha transit route in 1997, Bangladesh has permitted Nepal to use the port facilities in Mongla. Bangladesh has also provided an additional rail transit corridor to Nepal via Rohanpur (Bangladesh) - Singhabad (India).

Import value (in thousands) : Rs. 11,446
Import Quantity : 47,925 kg

1. India

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India is the largest market for Chewing Gum imports to Nepal. In 2020-2021, Nepal imported 18,68,612 kilograms of Chewing Gum from India. Nepal is among the top 5 trading partners of India. Among the top countries, Nepal’s market share of the total Chewing Gum export shipments from India is 27.55%. Between the India-Nepal border and the ports of Kolkata/Haldia and Vishakapatnam, Nepal's transit trade is channeled through twenty-two approved routes. When it comes to the top trade partners that import Chewing Gum from India, Nepal has the fastest-growing import shipments from India.

Import value (in thousands) : Rs. 6,08,580
Import Quantity : 18,68,612 kg