You are here

Nepal

Nepal Flag

In 2016, Nepal GDP was an estimated $21.2 billion (current market exchange rates); real GDP was up by an estimated .6%; and the population was 29 million. (Source: IMF)

Nepal is currently our 157th largest goods trading partner with $129 million in total (two way) goods trade during 2016. Goods exports totaled $41 million; goods imports totaled $89 million. The U.S. goods trade deficit with Nepal was $48 million in 2016.

According to the Department of Commerce, U.S. exports of goods to Nepal supported an estimated 1 hundred jobs in 2015 (latest data available).

Exports

Nepal was the United States' 172nd largest goods export market in 2016.

U.S. goods exports to Nepal in 2016 were $41 million, up 11.4% ($4 million) from 2015 and up 143.7% from 2006. 

The top export categories (2-digit HS) in 2016 were: optical and medical instruments ($7 million), aircraft ($7 million), machinery ($5 million), special other (low value estimate) ($4 million), and miscellaneous grain, seeds, fruit (soybeans) ($3 million).

U.S. total exports of agricultural products to Nepal totaled $7 million in 2016.

Imports

Nepal was the United States' 125th largest supplier of goods imports in 2016.

U.S. goods imports from Nepal totaled $89 million in 2016, up 2.0% ($2 million) from 2015, but down 10.8% from 2006. 

The top import categories (2-digit HS) in 2016 were: carpets and other textile coverings ($43 million), woven apparel ($8 million), miscellaneous textile articles ($6 million), knit apparel ($6 million), and food waste, animal feed ($4 million).

U.S. total imports of agricultural products from Nepal totaled $6 million in 2016.

Trade Balance

The U.S. goods trade deficit with Nepal was $48 million in 2016, a 4.8% decrease ($2 million) over 2015.

Investment

Data on U.S. FDI in Nepal are unavailable.

No data on Nepal's FDI in the U.S. are available.

 

U.S. Goods Trade with Nepal (in millions of dollars)

 

1995

2000

2006

2011

2012

2013

2014

2015

2016

Total

105.9

264.4

116.1

117.8

120.5

110.3

123.6

123.4

129.2

Exports

9.9

35.1

16.6

40.4

37.0

32.5

36.3

36.4

40.6

Imports

96.0

229.4

99.4

77.4

83.5

77.8

87.2

87.0

88.7

Balance

-86.1

-194.3

-82.8

-37.1

-46.5

-45.2

-50.9

-50.6

-48.1

U.S. Agricultural Trade with Nepal (in millions of dollars)

 

 

 

2006

2011

2012

2013

2014

2015

2016

 

 

Total

5.2

11.3

6.0

4.4

7.1

5.1

13.3

 

 

Exports

4.9

10.1

4.3

1.6

2.7

1.0

6.9

 

 

Imports

0.3

1.2

1.8

2.7

4.4

4.1

6.5

 

 

Balance

4.6

8.9

2.5

-1.1

-1.6

-3.0

0.4

U.S. Manufacturing Trade with Nepal (in millions of dollars)

 

 

 

2006

2011

2012

2013

2014

2015

2016

 

 

Total

111.3

106.5

105.0

97.5

108.8

100.2

115.2

 

 

Exports

14.3

35.2

32.9

28.1

30.3

22.8

32.9

 

 

Imports

97.0

71.4

72.1

69.4

78.4

77.3

82.3

 

 

Balance

-82.7

-36.2

-39.2

-41.2

-48.1

-54.5

-49.4

 

Last updated: February 15, 2017


*NOTE: No services trade data with Nepal is available.