Nepal-Other Asia, nes Bilateral Trade Analysis 2023
Complete trade statistics: $27.78M total volume •Nepal deficit: $27.78M
Nepal → Other Asia, nes
$0
Exports (2023)
Other Asia, nes → Nepal
$27.78M
Imports (2023)
Trade Balance
$27.78M
Deficit for Nepal
Total Trade
$27.78M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Nepal and Other Asia, nes. Green line shows exports from Nepal, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Nepal-Other Asia, nes commercial relationship and competitive positioning in global markets.
Nepal → Other Asia, nes Exports
Export Market Intelligence
🎯 Strategic Export Focus
Nepal's export portfolio to Other Asia, nes demonstrates strategic specialization, with blankets (other than electric blankets) and travelling rugs: of wool or fine animal hair representing a key competitive advantage in this bilateral market.
Other Asia, nes → Nepal Imports
Import Dependency Profile
📦 Import Strategy Analysis
Nepal's import pattern from Other Asia, nes reveals significant dependencyin iron or non-alloy steel: in coils, without patterns in relief, flat-rolled, of a width 600mm or more, hot-rolled, of a thickness of less than 3mm, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Nepal demonstrates competitive strength in exportingblankets (other than electric blankets) and travelling rugs: of wool or fine animal hair to Other Asia, nes, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $27.78M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Nepal-Other Asia, nes Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $27.78 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Nepal maintains a deficit of $27.78 million
- Export Focus: Nepal's primary exports include blankets (other than electric blankets) and travelling rugs: of wool or fine animal hair, shawls, scarves, mufflers, mantillas, veils and the like: of wool or fine animal hair (not knitted or crocheted), carpets and other textile floor coverings: knotted, of wool or fine animal hair, whether or not made up
- Import Dependencies: Key imports from Other Asia, nes include iron or non-alloy steel: in coils, without patterns in relief, flat-rolled, of a width 600mm or more, hot-rolled, of a thickness of less than 3mm, vinyl chloride, other halogenated olefin polymers: poly(vinyl chloride), not mixed with any other substances, in primary forms, iron or non-alloy steel: in coils, without patterns in relief, flat-rolled, of a width 600mm or more, hot-rolled, of a thickness of 4.75mm or more but not exceeding 10mm
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $27.78M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Nepal leveraging its comparative advantages in blankets (other than electric blankets) and travelling rugs: of wool or fine animal hair.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Nepal's specialization in blankets (other than electric blankets) and travelling rugs: of wool or fine animal haircomplements Other Asia, nes's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in iron or non-alloy steel: in coils, without patterns in relief, flat-rolled, of a width 600mm or more, hot-rolled, of a thickness of less than 3mm.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $27.78M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $27.78M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $27.78 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in blankets (other than electric blankets) and travelling rugs: of wool or fine animal hair and iron or non-alloy steel: in coils, without patterns in relief, flat-rolled, of a width 600mm or more, hot-rolled, of a thickness of less than 3mm demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Nepal's trade deficit of $27.78 million impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Nepal and Other Asia, nes represents a total trade volume of $27.78 million in 2023. This partnership demonstrates an unfavorable trade balance for Nepal, with imports exceeding exportsby $27.78 million.
Export Strengths
Nepal's exports to Other Asia, nes total $0.00, with competitive advantages in blankets (other than electric blankets) and travelling rugs: of wool or fine animal hair, representing $284,813 orInfinity% of bilateral exports.
Import Dependencies
Imports from Other Asia, nes amount to $27.78 million, highlighting economic interdependence in iron or non-alloy steel: in coils, without patterns in relief, flat-rolled, of a width 600mm or more, hot-rolled, of a thickness of less than 3mm, with Iron or non-alloy steel: in coils, without patterns in relief, flat-rolled, of a width 600mm or more, hot-rolled, of a thickness of less than 3mm comprising67.3% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Nepal's strategic sourcing from Other Asia, nes. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Nepal and Other Asia, nes in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023