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Export Market

Nepal

ISO: NP / NPL

Country Profile

Capital Kathmandu
Population 29.9M
GDP $42.9B (2024)
GDP per Capita $1,447
Income Level Lower-Middle Income
Currency Nepalese rupee (NPR ₨)
Language Nepali
Timezone UTC+05:45
Region Asia · Southern Asia

Trade Partners

Nepal Exports To

  • India 67.0%
  • USA 12.0%
  • Germany 3.0%
  • China 2.0%
  • UK 2.0%

Key exports: knotted carpets, garments, flat-rolled iron, synthetic fibers, palm oil (2023)

Nepal Imports From

  • India 71.0%
  • China 17.0%
  • UAE 3.0%
  • Singapore 2.0%
  • Germany 1.0%

Key imports: refined petroleum, natural gas, garments, iron reductions, broadcasting equipment (2023)

Economic Overview

low-income South Asian economy; post-conflict fiscal federalism increasing stability; COVID-19 hurt trade and tourism; widening current account deficits; environmentally fragile economy from earthquakes; growing Chinese relations and investments

Government: federal parliamentary republic

UK Trade Status

No FTA

There is currently no free trade agreement between the UK and Nepal. Standard WTO terms apply.

Geographic Region

South Asia

Trading Bloc Memberships

Nepal is a member of the following trade agreements and economic blocs.

SAFTA South Asia Free Trade Area Free Trade Area SAARC South Asian Association for Regional Cooperation Economic Union

Export Guidance

Relevant guidance for exporting to Nepal.

Start Your Export Journey

Export to the EU after Brexit Start exporting from the UK Manage your export compliance

Also in This Region

🇦🇫 Afghanistan 🇧🇩 Bangladesh 🇧🇹 Bhutan 🇮🇳 India 🇲🇻 Maldives 🇵🇰 Pakistan 🇱🇰 Sri Lanka

Official Resources

Government export support for Nepal.

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