Top 10 Countries with Highest Export of Facemasks to Nepal

Last updated on 2024-04-23

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 listed the top 10 countries from which facemasks are imported from.

*The data is collected from the Ministry of Finance and the ranking is done according to the import value.

10. Germany

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Since the commencement of the peace and democratization process in 2016, Germany has backed Nepal's efforts to strengthen and develop democratic systems. Germany is one of Nepal's most important commercial partners for a variety of products. Nepal and Germany have grown on the grounds of friendship, mutual understanding, and cooperation. Both the countries have strengthened the bilateral relations by establishing their embassies in each other’s capital.

Import Quantity : 21,33,679 kg
Import Value (in Thousands) : Rs. 23,524

9. Spain

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On May 13, 1968, Nepal and Spain established diplomatic relations. Nepal's embassy in Madrid opened in January 2018 and began operations in May 2018. Because there is no direct bilateral framework of collaboration, Spain contributes to the EU budget to support Nepal. The non-governmental sector also plays a role in Spanish cooperation. Spain has provided significant contributions, particularly in the aftermath of the 2015 earthquakes in Nepal.

Import Quantity : 1,44,000 kg
Import Value (in Thousands) : Rs. 25,360

8. Austria

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Since the establishment of diplomatic relations between Nepal and Austria on August 15, 1959, the two countries have had excellent bilateral relations. The two countries' nearly six-decade relationship is built on trust, mutual respect, understanding, and cooperation. The establishment of diplomatic relations between Nepal and Austria took place 60 years ago this year. Nepal has benefited from Austria's development assistance in the fields of hydropower, environmental protection, cultural heritage conservation, drinking water, and tourism development.

Import Quantity : 55,305 kg
Import Value (in Thousands) : Rs. 27,012

7. Taiwan

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Taiwan, officially known as the Republic of China has had a long and fruitful connection with Nepal. Friendship, mutual support, understanding, and appreciation of each other's objectives and sensitivities have all been present. The relationship between Nepal and China has always been positive and amicable. Regular exchanges of high-level visits have aided in the further strengthening of our mutually beneficial ties.

Import Quantity : 83,70,643 kg
Import Value (in Thousands) : Rs. 28,586

6. Belgium

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On August 19, 1963, Nepal and Belgium established diplomatic relations. In 1992, Nepal established a residence embassy in Brussels. In Kathmandu, Belgium has an Honorary Consulate. The two countries' relations have traditionally been characterized by friendliness, trust, and mutual respect. Nepal and Belgium share similar viewpoints on a variety of subjects and have backed each other up in international forums such as the United Nations. Belgium has aided Nepal's development efforts through multilateral channels such as the United Nations, the European Union, and international financial institutions. It also works with local and Belgian non-governmental organizations.

Import Quantity : 10,00,006 kg
Import Value (in Thousands) : Rs. 48,639

5. Denmark

Image Source: wikimedia

On December 15, 1967, Nepal and Denmark established diplomatic relations. In April 1992, Denmark established a residential Embassy in Kathmandu at the status of Charge d' Affaires. In 2007, Nepal chose to open a residential Embassy in Denmark. For more over five decades, the two countries' relations have been smooth and built on friendliness, respect, and understanding. Nepal places a premium on its ties with Denmark. Since the founding of its mission in Kathmandu, Denmark has provided assistance to Nepal. Education support, rural electrification, revenue administration, institutional capacity, and other topics were all covered by Danish assistance.

Import Quantity : 1,08,250 kg
Import Value (in Thousands) : Rs. 56,381

4. Israel

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The Israel–Nepal relations were established on June 1, 1960, making Nepal one of the first Asian countries to establish diplomatic relations with Israel. On the 25th of June 1993, during the official visit of then-Prime Minister Mr. Girija Prasad Koirala to Israel, the Federation of Nepalese Chambers of Commerce and Industries and the Federation of Israeli Chambers of Commerce signed a Protocol of Cooperation in Tel Aviv. Nepalese-Israeli trade has remained skewed in Israel's favor.

Import Quantity : 1,00,002 kg
Import Value (in Thousands) : Rs.59,938

3. India

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India is Nepal's major trading partner, accounting for about all of the country's third-country commerce. Indian Rupees are commonly used to pay for purchases made in India. Because Nepal is 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.

Import Quantity : 2,79,21,722 kg
Import Value (in Thousands) : Rs. 77,372

2. United States

Image Source: wikipedia

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. Both countries have signed a trade and investment framework agreement that creates a forum for bilateral conversations aimed at improving trade and investment, debating specific trade issues, and promoting more comprehensive trade agreements.

Import Quantity : 18,86,318 kg
Import Value (in Thousands) : Rs. 9,65,003

1. China

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Relationships between China and Nepal have passed the test of time and has been deeply rooted. These relations are not just diplomatic but also in a historic and religious level and has evolved ever since. On August 1, 1955, the two countries established diplomatic relations, formalizing their relationship. Friendship, understanding, mutual support, cooperation, and respect for each other's sensitivities have characterized the two countries' relations.

Import Quantity : 31,39,54,995 kg
Import Value (in Thousands) : Rs. 10,98,745