Merchandise exports by the reporting economy (current US$) in Nepal
Nepal: Merchandise exports by the reporting economy (current US$) was 1.21 billion current US$ in 2023. ◆ Volatile
Merchandise exports by the reporting economy in Nepal, 1981–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
Nepal recorded 1.21 billion current US$ for merchandise exports by the reporting economy in 2023.
That represents a change of down 7.1% on the previous year and up 39.9% over ten years.
Over the whole period, merchandise exports by the reporting economy in Nepal peaked at 1.67 billion current US$ in 2021 and was at its lowest, 71.03 million current US$, in 1982.
That places Nepal 147th out of 206 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports by the reporting economy (current US$) in Nepal, year by year
| Year | current US$ | Change |
|---|---|---|
| 1981 | 82.90 million current US$ | — |
| 1982 | 71.03 million current US$ | -14.3% |
| 1983 | 76.76 million current US$ | +8.1% |
| 1984 | 82.99 million current US$ | +8.1% |
| 1985 | 134.23 million current US$ | +61.7% |
| 1986 | 132.38 million current US$ | -1.4% |
| 1987 | 144.64 million current US$ | +9.3% |
| 1988 | 224.22 million current US$ | +55.0% |
| 1989 | 179.44 million current US$ | -20.0% |
| 1990 | 204.90 million current US$ | +14.2% |
| 1991 | 251.50 million current US$ | +22.7% |
| 1992 | 345.76 million current US$ | +37.5% |
| 1993 | 359.37 million current US$ | +3.9% |
| 1994 | 343.61 million current US$ | -4.4% |
| 1995 | 317.16 million current US$ | -7.7% |
| 1996 | 341.80 million current US$ | +7.8% |
| 1997 | 389.20 million current US$ | +13.9% |
| 1998 | 435.60 million current US$ | +11.9% |
| 1999 | 567.17 million current US$ | +30.2% |
| 2000 | 711.52 million current US$ | +25.5% |
| 2001 | 746.42 million current US$ | +4.9% |
| 2002 | 607.29 million current US$ | -18.6% |
| 2003 | 621.52 million current US$ | +2.3% |
| 2004 | 697.83 million current US$ | +12.3% |
| 2005 | 787.40 million current US$ | +12.8% |
| 2006 | 814.92 million current US$ | +3.5% |
| 2007 | 868.33 million current US$ | +6.6% |
| 2008 | 877.84 million current US$ | +1.1% |
| 2009 | 885.44 million current US$ | +0.9% |
| 2010 | 873.96 million current US$ | -1.3% |
| 2011 | 907.63 million current US$ | +3.9% |
| 2012 | 870.65 million current US$ | -4.1% |
| 2013 | 863.26 million current US$ | -0.8% |
| 2014 | 900.84 million current US$ | +4.4% |
| 2015 | 659.95 million current US$ | -26.7% |
| 2016 | 728.74 million current US$ | +10.4% |
| 2017 | 740.71 million current US$ | +1.6% |
| 2018 | 781.12 million current US$ | +5.5% |
| 2019 | 959.62 million current US$ | +22.9% |
| 2020 | 855.16 million current US$ | -10.9% |
| 2021 | 1.67 billion current US$ | +94.8% |
| 2022 | 1.30 billion current US$ | -21.9% |
| 2023 | 1.21 billion current US$ | -7.1% |
Nepal compared with similar countries
- Nepal's 1.21 billion current US$ is below the median for lower middle income countries, which is 5.68 billion current US$, 21% of the median. (47 countries reporting)
- Nepal's 1.21 billion current US$ is below the median for South Asia, which is 6.38 billion current US$, 19% of the median. (6 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports by the reporting economy (current US$) in Nepal changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +94.8% | 855.16 million current US$ | 1.67 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 125.40 million current US$ | 71.03 million current US$ | 224.22 million current US$ | 9 |
| 1990s | 355.61 million current US$ | 204.90 million current US$ | 567.17 million current US$ | 10 |
| 2000s | 761.85 million current US$ | 607.29 million current US$ | 885.44 million current US$ | 10 |
| 2010s | 828.65 million current US$ | 659.95 million current US$ | 959.62 million current US$ | 10 |
| 2020s | 1.26 billion current US$ | 855.16 million current US$ | 1.67 billion current US$ | 4 |
Countries ranked near Nepal
More private sector data for Nepal
- Merchandise trade 36.7% (2025)
- Food imports 18.0% (2022)
- Manufactures imports 52.5% (2022)
- Merchandise imports 14.40 billion current US$ (2025)
- Food exports 49.4% (2022)
- Manufactures exports 47.5% (2022)
- Merchandise exports 2.31 billion current US$ (2025)
- Merchandise exports (current US$), per capita 78.03 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0508 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 75.61 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports by the reporting economy in Nepal?
- Merchandise exports by the reporting economy in Nepal was 1.21 billion current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports by the reporting economy recorded in Nepal?
- The highest recorded value was 1.67 billion current US$ in 2021.
- What is the lowest merchandise exports by the reporting economy recorded in Nepal?
- The lowest recorded value was 71.03 million current US$ in 1982.
- How does Nepal rank for merchandise exports by the reporting economy?
- Nepal ranks 147th out of 206 countries with data for 2023.
- Is merchandise exports by the reporting economy rising or falling in Nepal?
- Over the last ten years it is up 39.9%. The long-run trend across the full record is volatile.
- Where does this Nepal data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports by the reporting economy (current US$). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.