Merchandise exports to high-income economies in Nepal
Nepal: Merchandise exports to high-income economies was 26.9% in 2023. ◆ Volatile
Merchandise exports to high-income economies in Nepal, 1981–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Nepal recorded 26.9% for merchandise exports to high-income economies in 2023.
The figure is up 11.7% on the previous year and up 12.9% over ten years.
Over the whole period, merchandise exports to high-income economies in Nepal peaked at 94.5% in 1994 and was at its lowest, 16.7%, in 2021.
That places Nepal 183rd out of 206 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports to high-income economies in Nepal, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1981 | 29.8% | — |
| 1982 | 33.9% | +13.8% |
| 1983 | 46.5% | +37.1% |
| 1984 | 46.6% | +0.1% |
| 1985 | 60.0% | +28.7% |
| 1986 | 58.7% | -2.1% |
| 1987 | 70.7% | +20.5% |
| 1988 | 70.8% | +0.1% |
| 1989 | 94.2% | +33.0% |
| 1990 | 89.4% | -5.1% |
| 1991 | 90.7% | +1.5% |
| 1992 | 86.4% | -4.8% |
| 1993 | 94.1% | +8.9% |
| 1994 | 94.5% | +0.5% |
| 1995 | 89.9% | -4.9% |
| 1996 | 78.0% | -13.2% |
| 1997 | 73.9% | -5.2% |
| 1998 | 62.9% | -14.9% |
| 1999 | 61.2% | -2.7% |
| 2000 | 56.2% | -8.0% |
| 2001 | 50.9% | -9.5% |
| 2002 | 38.6% | -24.1% |
| 2003 | 43.7% | +13.1% |
| 2004 | 37.3% | -14.6% |
| 2005 | 29.2% | -21.7% |
| 2006 | 28.7% | -1.9% |
| 2007 | 24.5% | -14.5% |
| 2008 | 24.1% | -1.5% |
| 2009 | 24.0% | -0.7% |
| 2010 | 22.3% | -7.1% |
| 2011 | 25.3% | +13.8% |
| 2012 | 19.3% | -23.8% |
| 2013 | 23.8% | +23.4% |
| 2014 | 24.2% | +1.5% |
| 2015 | 28.5% | +17.8% |
| 2016 | 36.0% | +26.3% |
| 2017 | 30.8% | -14.4% |
| 2018 | 30.2% | -1.9% |
| 2019 | 24.2% | -19.8% |
| 2020 | 22.9% | -5.3% |
| 2021 | 16.7% | -27.3% |
| 2022 | 24.1% | +44.4% |
| 2023 | 26.9% | +11.7% |
Nepal compared with similar countries
- Nepal's 26.9% is below the median for lower middle income countries, which is 51.0%, 53% of the median. (47 countries reporting)
- Nepal's 26.9% is below the median for South Asia, which is 49.9%, 54% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 56.8% | 29.8% | 94.2% | 9 |
| 1990s | 82.1% | 61.2% | 94.5% | 10 |
| 2000s | 35.7% | 24.0% | 56.2% | 10 |
| 2010s | 26.5% | 19.3% | 36.0% | 10 |
| 2020s | 22.7% | 16.7% | 26.9% | 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 to high-income economies in Nepal?
- Merchandise exports to high-income economies in Nepal was 26.9% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to high-income economies recorded in Nepal?
- The highest recorded value was 94.5% in 1994.
- What is the lowest merchandise exports to high-income economies recorded in Nepal?
- The lowest recorded value was 16.7% in 2021.
- How does Nepal rank for merchandise exports to high-income economies?
- Nepal ranks 183rd out of 206 countries with data for 2023.
- Is merchandise exports to high-income economies rising or falling in Nepal?
- Over the last ten years it is up 12.9%. 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 to high-income economies (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.