Nepal world map

Trade in Nepal

Nepal was the world’s 128th largest exporter of goods and 106th largest exporter of commercial services in 2021. Export values were $1,684 and $708 million USD respectively. Nepal’s top export category was agricultural products, followed by manufactures, and fuels and mining products. In 2019, Nepal’s main export destination markets for goods and services trade were to India, the United States and Germany, with trade representing 40.92 per cent of GDP. In terms of imports, Nepal’s import values were $15,893 and $1514 million USD respectively in 2021. Nepal’s top import category was manufactures, followed by agricultural products and fuels and mining products. Leading import partners were India, China and Indonesia. Nepal is part of 3 different Regional Trade Agreements, such as India – Nepal and South Asian Free Trade Agreement (SAFTA).

 

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General Information

This section includes general information on the economy, legal system, official languages and links to additional demographic information.

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 Information

This section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance.

Currency

Nepalese rupee

Exchange Rate

Google Finance Currencies

Contact Information

This section includes contact information for business support organizations and national resources.

Business Support Organizations

Copyright Offices

  • Nepal Copyright Registrar's Office

  • Ministry of Culture, Tourism and Civil Aviation

Industrial Property Offices

  • Department of Industries

  • Department of Industry, Ministry of Industry, Commerce and Supplies

SPS Enquiry Points

Sanitary and phytosanitary (SPS) enquiry points are government agencies designated to answer questions about trade requirements.
  • National SPS Enquiry Point
    Department of Food Technology and Quality Control
    Phone: +(977 1) 425 6947/426 2369
    Website: www.spsenquiry.gov.np

    Babarmahal

    [email protected]

TBT Enquiry Points

Technical Barriers to Trade (TBT) enquiry points are government agencies designated to answer questions about trade requirements.
  • Nepal Bureau of Standards and Metrology (NBSM)
    Ministry of Industry
    Phone: +(977) 1 435 68 10
    Website: http://www.nbsm.gov.np

    Balaju
    Kathmandu

    [email protected]

Additional Information

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Links to other helpful resources

This section includes additional links to trade-related resources.

National Tariff Finder

https://nepaltradeportal.gov.np/duty-calculator

Trade Information Portal

https://nepaltradeportal.gov.np/

Additional Link

National Tariff Finder

Last Reviewed: June, 2023

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