Nepal

In 2013, the value of merchandise exports of Nepal decreased slightly by 0.9 percent to reach 863.3 mln US$, while its merchandise imports increased moderately by 7.2 percent to reach 6.5 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a large deficit of 5.6 bln US$ (see graph 1). The largest merchandise trade balance was with MDG Southern Asia at -3.5 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 4 partners accounted for 80 percent or more of imports (see graph 5). In 2013, the value of exports of services of Nepal increased substantially by 27.8 percent, reaching 1.2 bln US$, while its imports of services increased moderately by 9.1 percent and reached 978.0 mln US$ (see graph 2). There was a relatively small trade in services surplus of 204.2 mln US$. See footnote*.

Related Subject(s): International Trade and Finance

Countries: Nepal