Top 10 Countries with Highest Export from Nepal

Last updated on 2024-04-17
Top 10 Countries with Highest Export from Nepal

Nepal’s economy is largely dependent on agriculture and remittances. Nepal's trade deficit surpassed Rs1 trillion ($9.95 billion) in 2017-18, according to the Department of Customs, as imports grew faster than domestic output, resulting in lower export revenues. With the rise of the carpet and garment sectors, Nepal's merchandise trade balance has also improved slightly since 2000. Here are the top countries with whom Nepal has the highest trade value.

*The ranking is done based on data collected from the Department of Customs.

10. Italy

Italy
Image Source: Vemaps

Nepal and Italy have had diplomatic ties since August 31, 1959, and the relationship is founded on friendship, mutual interest, and cordiality. Given the potential of bilateral trade, the current volume of trade remains moderate. Nepal exports coffee, tea, spices, leather, wood, paper, and paper products, and vegetable textile fibers, among other things, and imports meat, animal goods, vegetable extracts, and flour, among other things.

  • Export Value : 702,221
  • Diplomatic Relations Established in : 1959 A.D.

9. Japan

Japan
Image Source: Vemaps

Nepal has a number of key trading partners, including Japan. Relations between Nepal and Japan date back to the late eighteenth century. On September 1, 1956, diplomatic relations were established, formalizing the partnership. Pashmina items, ready-made clothing, woolen goods, carpets, handicrafts, Nepali paper and paper products, leather goods, and silverware and decorations are among Nepal's key exports to Japan.

  • Export Value : 891,011
  • Diplomatic Relations Established in : 1956 A.D

8. Bangladesh

Bangladesh
Image Source: Vemaps

Nepal and the People’s Republic of Bangladesh established diplomatic relations on April 8, 1972. The relations between the two countries are based on goodwill, mutual understanding, and cooperation. Nepal and Bangladesh collaborate closely on matters of mutual concern and hold similar positions in regional and international venues like SAARC, BIMSTEC, and the UN. The most exported products from Nepal to Bangladesh are Edible Vegetables, Oil Seeds, Residues of Food industries, Sugars, etc.

  • Export Value : 954,773
  • Diplomatic Relations Established in : 1972 A.D.

7. France

France
Image Source: Vemaps

According to the United Nations COMTRADE database on international commerce, Nepal exported $12.06 million to France in 2019. On April 20, 1949, Nepal and the Republic of France established diplomatic ties. General Shanker Shamsher, the first non-resident Nepalese Ambassador to France, died recently. The most exported products from Nepal to France are Carpets and Textile, Clothing, Essential oils, Perfumes, Yarns, Oilseed, etc.

  • Export Value : 1,117,727
  • Diplomatic Relations Established in : 1949 A.D.

6. China

China
Image Source: Dreamstime

Nepal's second-largest trading partner is China. China and Nepal signed their first bilateral agreement on economic help in 1956, and Chinese financial and technical assistance to Nepal dates back to the mid-1980s, according to the Nepalese Foreign Ministry (Nepal Ministry of Foreign Affairs, February 2019). Total exports to China exceeded US$ 23 million in 2017/18. During the same time period, China's imports totaled more than US$ 1.5 billion. The most exported products from Nepal to the USA are Artwork, Antique pieces, Cosmetics, Metals, Carpets, Vegetable products, etc.

  • Export Value : 1,191,181
  • Diplomatic Relations Established in : 1955 A.D.

5. United Kingdom

United Kingdom
Image Source: Vemaps

The United Kingdom has long been one of the top trading partners. According to the United Nations COMTRADE database on international commerce, Nepal's exports to the United Kingdom totaled US$22.15 million in 2019. Carpets, ready-made clothing, leather and leather goods, Nepali paper and paper products, handicrafts, and jewelry are all major exports to the United Kingdom.

  • Export Value : 2,046,587
  • Diplomatic Relations Established in : 1816 A.D.

4. Turkey

Turkey
Image Source: Vemaps

The Nepal-Turkey Chamber of Commerce has joined with the Istanbul Chamber of Commerce (ICOC) to strengthen the two nations' trade ties. There were 25 enterprises with foreign direct investment from Turkey registered as of July 2020, with a total investment of NRs. 1.9 billion. 833 jobs have been created as a result of the investment. The most exported products from Nepal to Germany are Manmade fibers, Leather, Textiles, Yarns, etc.

  • Export Value : 2,123,785
  • Diplomatic Relations Established in : 1962 A.D.

3. Germany

Germany
Image Source: Vemaps

Germany is one of Nepal’s major trading nations for trading multiple products. Friendship, mutual understanding, and cooperation have been the foundations on which Nepal and Germany have grown. Handicraft, silver jewelry, clothes, leather, wooden and bamboo goods, lentils, tea, and essential oils from herb and aromatic plants are among Nepal's exports to Germany.

  • Export Value : 2,736,821
  • Diplomatic Relations Established in : 1958 A.D.

2. United States

United States
Image Source: Wikimedia Commons

Nepal and the United States of America (USA) established formal bilateral ties based on a strong and mutually beneficial relationship. For almost 74 years, the two countries have had a trading relationship. Since the pandemic, shipping costs to the United States have more than tripled, making Nepali items less competitive in the American market than commodities from neighboring nations. The most exported products from Nepal to the USA are Carpets, Woolen felt goods, Readymade garments, Handicraft, etc.

  • Export Value : 9,444,366
  • Diplomatic Relations Established in : 1947 A.D.

1. India

India
Image Source: Vemaps

Nepal, being a landlocked country, the majority of its international trade passes through India. To meet international requirements, Nepali cargo is generally transported through Indian ports at four major transit points: Birgunj-Raxaul, Biratnagar-Jogbani, Bhairahawa-Sunauli, and Nepalgunj-Rupediya. The two countries have signed a Transit Treaty, which grants each other transit rights through mutually agreed-upon routes and methods. The most exported products from Nepal to India are Coffee, Tea, vegetables, Iron and steel, Fibers, etc.

  • Export Value : 70,108,886
  • Diplomatic Relations Established in : 1947 A.D.

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Italy Japan Bangladesh France China United Kingdom Turkey Germany United States India

10.

Italy

9.

Japan

8.

Bangladesh

7.

France

6.

China

5.

United Kingdom

4.

Turkey

3.

Germany

2.

United States

1.

India

10. Italy

Italy
Image Source: Vemaps

Nepal and Italy have had diplomatic ties since August 31, 1959, and the relationship is founded on friendship, mutual interest, and cordiality. Given the potential of bilateral trade, the current volume of trade remains moderate. Nepal exports coffee, tea, spices, leather, wood, paper, and paper products, and vegetable textile fibers, among other things, and imports meat, animal goods, vegetable extracts, and flour, among other things.

  • Export Value : 702,221
  • Diplomatic Relations Established in : 1959 A.D.

9. Japan

Japan
Image Source: Vemaps

Nepal has a number of key trading partners, including Japan. Relations between Nepal and Japan date back to the late eighteenth century. On September 1, 1956, diplomatic relations were established, formalizing the partnership. Pashmina items, ready-made clothing, woolen goods, carpets, handicrafts, Nepali paper and paper products, leather goods, and silverware and decorations are among Nepal's key exports to Japan.

  • Export Value : 891,011
  • Diplomatic Relations Established in : 1956 A.D

8. Bangladesh

Bangladesh
Image Source: Vemaps

Nepal and the People’s Republic of Bangladesh established diplomatic relations on April 8, 1972. The relations between the two countries are based on goodwill, mutual understanding, and cooperation. Nepal and Bangladesh collaborate closely on matters of mutual concern and hold similar positions in regional and international venues like SAARC, BIMSTEC, and the UN. The most exported products from Nepal to Bangladesh are Edible Vegetables, Oil Seeds, Residues of Food industries, Sugars, etc.

  • Export Value : 954,773
  • Diplomatic Relations Established in : 1972 A.D.

7. France

France
Image Source: Vemaps

According to the United Nations COMTRADE database on international commerce, Nepal exported $12.06 million to France in 2019. On April 20, 1949, Nepal and the Republic of France established diplomatic ties. General Shanker Shamsher, the first non-resident Nepalese Ambassador to France, died recently. The most exported products from Nepal to France are Carpets and Textile, Clothing, Essential oils, Perfumes, Yarns, Oilseed, etc.

  • Export Value : 1,117,727
  • Diplomatic Relations Established in : 1949 A.D.

6. China

China
Image Source: Dreamstime

Nepal's second-largest trading partner is China. China and Nepal signed their first bilateral agreement on economic help in 1956, and Chinese financial and technical assistance to Nepal dates back to the mid-1980s, according to the Nepalese Foreign Ministry (Nepal Ministry of Foreign Affairs, February 2019). Total exports to China exceeded US$ 23 million in 2017/18. During the same time period, China's imports totaled more than US$ 1.5 billion. The most exported products from Nepal to the USA are Artwork, Antique pieces, Cosmetics, Metals, Carpets, Vegetable products, etc.

  • Export Value : 1,191,181
  • Diplomatic Relations Established in : 1955 A.D.

5. United Kingdom

United Kingdom
Image Source: Vemaps

The United Kingdom has long been one of the top trading partners. According to the United Nations COMTRADE database on international commerce, Nepal's exports to the United Kingdom totaled US$22.15 million in 2019. Carpets, ready-made clothing, leather and leather goods, Nepali paper and paper products, handicrafts, and jewelry are all major exports to the United Kingdom.

  • Export Value : 2,046,587
  • Diplomatic Relations Established in : 1816 A.D.

4. Turkey

Turkey
Image Source: Vemaps

The Nepal-Turkey Chamber of Commerce has joined with the Istanbul Chamber of Commerce (ICOC) to strengthen the two nations' trade ties. There were 25 enterprises with foreign direct investment from Turkey registered as of July 2020, with a total investment of NRs. 1.9 billion. 833 jobs have been created as a result of the investment. The most exported products from Nepal to Germany are Manmade fibers, Leather, Textiles, Yarns, etc.

  • Export Value : 2,123,785
  • Diplomatic Relations Established in : 1962 A.D.

3. Germany

Germany
Image Source: Vemaps

Germany is one of Nepal’s major trading nations for trading multiple products. Friendship, mutual understanding, and cooperation have been the foundations on which Nepal and Germany have grown. Handicraft, silver jewelry, clothes, leather, wooden and bamboo goods, lentils, tea, and essential oils from herb and aromatic plants are among Nepal's exports to Germany.

  • Export Value : 2,736,821
  • Diplomatic Relations Established in : 1958 A.D.

2. United States

United States
Image Source: Wikimedia Commons

Nepal and the United States of America (USA) established formal bilateral ties based on a strong and mutually beneficial relationship. For almost 74 years, the two countries have had a trading relationship. Since the pandemic, shipping costs to the United States have more than tripled, making Nepali items less competitive in the American market than commodities from neighboring nations. The most exported products from Nepal to the USA are Carpets, Woolen felt goods, Readymade garments, Handicraft, etc.

  • Export Value : 9,444,366
  • Diplomatic Relations Established in : 1947 A.D.

1. India

India
Image Source: Vemaps

Nepal, being a landlocked country, the majority of its international trade passes through India. To meet international requirements, Nepali cargo is generally transported through Indian ports at four major transit points: Birgunj-Raxaul, Biratnagar-Jogbani, Bhairahawa-Sunauli, and Nepalgunj-Rupediya. The two countries have signed a Transit Treaty, which grants each other transit rights through mutually agreed-upon routes and methods. The most exported products from Nepal to India are Coffee, Tea, vegetables, Iron and steel, Fibers, etc.

  • Export Value : 70,108,886
  • Diplomatic Relations Established in : 1947 A.D.
Italy Japan Bangladesh France China United Kingdom Turkey Germany United States India

10.

Italy

9.

Japan

8.

Bangladesh

7.

France

6.

China

5.

United Kingdom

4.

Turkey

3.

Germany

2.

United States

1.

India

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