Nepal Trade Summary
U.S. goods and services trade with Nepal totaled an estimated $1.7 billion in 2024, up 23.7 percent ($334.2 million) from 2023.
U.S. total goods trade (exports plus imports) with Nepal was an estimated $240.6 million in 2024. U.S. goods exports to Nepal in 2024 were $120.1 million, up 91.0 percent ($57.2 million) from 2023. U.S. goods imports from Nepal in 2024 totaled $120.4 million, down 10.4 percent ($14.0 million) from 2023. The U.S. goods trade deficit with Nepal was 0.3 million in 2024, a 99.5 percent decrease ($71.2 million) over 2023.
U.S. total services trade (exports plus imports) with Nepal totaled an estimated $1.5 billion in 2024. U.S. services exports to Nepal in 2024 were $1.2 billion, up 27.7 percent ($250 million) from 2023. U.S. services imports from Nepal in 2024 were $354 million, up 13.1 percent ($41 million) from 2023. The U.S. services trade surplus with Nepal was $799 million in 2024, a 35.7 percent increase ($210 million) over 2023.
