Nepal
Asia & Middle East
Trade in Nepal
| Nepal was the world’s 156th largest exporter of goods and 118th largest exporter of commercial services in 2022. Export values were $1.30 billion and $1.23 billion USD respectively. Nepal’s top export category was Agricultural products, followed by Manufactures, and Textiles. In 2022, Nepal’s main export destination markets for goods and services trade were to India, United States and Germany, with trade representing 49.40 per cent of GDP. In terms of imports, Nepal is the world’s 101st largest importer of goods and 114th largest importer of commercial services. Import values were $13.74 billion and $1.98 billion USD respectively in 2022. Nepal’s top import category was Manufactures, followed by Fuels and mining products and Agricultural products. Leading import partners were India, China and Indonesia. Nepal is part of 3 different Regional Trade Agreements, including India – Nepal and South Asian Free Trade Agreement (SAFTA). |
General InformationThis section includes general information on the economy, legal system, official languages and links to additional demographic information. |
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Official Name |
Federal Democratic Republic of Nepal |
Abbreviation |
NP |
Capital |
Kathmandu |
WTO Membership Date |
23 April 2004 |
Legal System |
English common law and Hindu legal concepts; note - new criminal and civil codes came into effect on 17 August 2018 |
Language |
Nepali |
Number of Time Zone(s) |
1 |
Additional Information | |
Financial InformationThis section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance. |
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Currency |
Nepalese rupee |
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Exchange Rate |
Google Finance Currencies |
Contact InformationThis section includes contact information for business support organizations and national resources. |
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Business Support Organizations |
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Copyright Offices |
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Industrial Property Offices |
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SPS Enquiry Points Sanitary and phytosanitary (SPS) enquiry points are government agencies designated to answer questions about trade requirements. |
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TBT Enquiry Points Technical Barriers to Trade (TBT) enquiry points are government agencies designated to answer questions about trade requirements. |
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Additional Information |
ePing alert |
Links to other helpful resourcesThis section includes additional links to trade-related resources. |
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National Tariff Finder |
https://nepaltradeportal.gov.np/duty-calculator |
Trade Information Portal |
https://nepaltradeportal.gov.np/ |
Additional Link |
National Tariff Finder |
Last Reviewed: June, 2024
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