In 2011, the value of merchandise exports of Nepal increased slightly by 3.8 percent to reach 907.6 mln US$, while its merchandise imports increased substantially by 15.6 percent to reach 5.9 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a relatively large deficit of 5.0 bln US$ (see graph 1). The largest merchandise trade balance was with MDG Southern Asia at -3.2 bln US$ (see graph 4). Merchandise exports in Nepal were highly concentrated amongst partners; imports were also highly concentrated. The top 4 partners accounted for 80 percent or more of exports and 3 partners accounted for 80 percent or more of imports (see graph 5). In 2009, the value of exports of services of Nepal decreased moderately by 9.8 percent, reaching 652.5 mln US$, while its imports of services decreased moderately by 7.9 percent and reached 784.7 mln US$ (see graph 2). There was a relatively small trade in services deficit of 132.3 mln US$. See footnote.

Related Subject(s): International Trade and Finance
Countries: Nepal
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