Top Import Trading Partners of Nepal - Volza

31-Mar-2025

Overview

Nepal
 

Nepal's primary import trading partners in 2023 include India (60% of imports, $6 billion), China (20%, $2 billion), United Arab Emirates (5%, $500 million), Indonesia (3%, $300 million), and South Korea (2%, $200 million).

Key imports from these countries are machinery, electronics, petroleum products, textiles, and foodstuffs. Trade agreements such as the South Asian Free Trade Area (SAFTA) and bilateral trade agreements with individual countries facilitate smoother trade flows.

Nepal's GDP growth rate stands at 4.1%, with an inflation rate of 6.5%, influencing its import dynamics and trade policies. Strategic tariffs, government incentives for import substitution industries, and logistical advantages such as proximity to major markets in India and China support a balanced trade relationship, making Nepal a crucial import market for these partners.

Nepal Trade Partnership With Other Countries

Track top import trading partner countries of Nepal, These findings are based on global import shipment database of Volza, it is the most up-to-date but partial information available on Nepal's import trade.