Merchandise exports to low- and middle-income economies in South Asia in Nepal

Nepal: Merchandise exports to low- and middle-income economies in South Asia was 70.5% in 2023. ▲ Rising

Latest (2023)
70.5%
Change on year
down 3.0%
World rank
2nd
of 205 countries
All-time high
80.9%
in 2021
All-time low
2.7%
in 1989
Years of data
43
1981–2023

Merchandise exports to low- and middle-income economies in South Asia in Nepal, 1981–2023

0204060801981200220231981: 64.1 % of total merchandise exports1982: 61.3 % of total merchandise exports1983: 49.9 % of total merchandise exports1984: 48.6 % of total merchandise exports1985: 38.5 % of total merchandise exports1986: 38.7 % of total merchandise exports1987: 28.4 % of total merchandise exports1988: 14.9 % of total merchandise exports1989: 2.7 % of total merchandise exports1990: 7.9 % of total merchandise exports1991: 8.5 % of total merchandise exports1992: 13.3 % of total merchandise exports1993: 5 % of total merchandise exports1994: 4.2 % of total merchandise exports1995: 9.4 % of total merchandise exports1996: 21.7 % of total merchandise exports1997: 25.9 % of total merchandise exports1998: 36.9 % of total merchandise exports1999: 30.1 % of total merchandise exports2000: 43.5 % of total merchandise exports2001: 48.2 % of total merchandise exports2002: 60.5 % of total merchandise exports2003: 55.7 % of total merchandise exports2004: 61.1 % of total merchandise exports2005: 69.5 % of total merchandise exports2006: 69.8 % of total merchandise exports2007: 73.4 % of total merchandise exports2008: 72.3 % of total merchandise exports2009: 71.1 % of total merchandise exports2010: 74.5 % of total merchandise exports2011: 71.2 % of total merchandise exports2012: 75 % of total merchandise exports2013: 70.6 % of total merchandise exports2014: 68.9 % of total merchandise exports2015: 66.2 % of total merchandise exports2016: 56.2 % of total merchandise exports2017: 58.3 % of total merchandise exports2018: 60.9 % of total merchandise exports2019: 70.3 % of total merchandise exports2020: 73.6 % of total merchandise exports2021: 80.9 % of total merchandise exports2022: 72.7 % of total merchandise exports2023: 70.5 % of total merchandise exports

Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.

Analysis

The most recent figure for merchandise exports to low- and middle-income economies in south asia in Nepal is 70.5%, measured in 2023.

That represents a change of down 3.0% on the previous year and down 0.1% over ten years.

Over the whole period, merchandise exports to low- and middle-income economies in south asia in Nepal peaked at 80.9% in 2021 and was at its lowest, 2.7%, in 1989.

That places Nepal 2nd out of 205 countries with data for 2023, putting it in the top 10%.

The long-run direction has been consistently rising across the 43 years of available data.

Merchandise exports to low- and middle-income economies in South Asia in Nepal, year by year

Annual values for Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) in Nepal, 1981 to 2023.
Year % of total merchandise exports Change
1981 64.1%
1982 61.3% -4.5%
1983 49.9% -18.5%
1984 48.6% -2.6%
1985 38.5% -20.8%
1986 38.7% +0.5%
1987 28.4% -26.5%
1988 14.9% -47.6%
1989 2.7% -81.5%
1990 7.9% +187.3%
1991 8.5% +8.1%
1992 13.3% +55.6%
1993 5.0% -62.3%
1994 4.2% -17.2%
1995 9.4% +126.9%
1996 21.7% +130.1%
1997 25.9% +19.3%
1998 36.9% +42.7%
1999 30.1% -18.5%
2000 43.5% +44.5%
2001 48.2% +11.0%
2002 60.5% +25.5%
2003 55.7% -8.0%
2004 61.1% +9.8%
2005 69.5% +13.7%
2006 69.8% +0.4%
2007 73.4% +5.1%
2008 72.3% -1.5%
2009 71.1% -1.6%
2010 74.5% +4.8%
2011 71.2% -4.3%
2012 75.0% +5.3%
2013 70.6% -5.8%
2014 68.9% -2.5%
2015 66.2% -3.9%
2016 56.2% -15.1%
2017 58.3% +3.6%
2018 60.9% +4.5%
2019 70.3% +15.4%
2020 73.6% +4.7%
2021 80.9% +10.0%
2022 72.7% -10.2%
2023 70.5% -3.0%

Nepal compared with similar countries

  • Nepal's 70.5% is above the median for lower middle income countries, which is 2.6%, 26.7× the median. (47 countries reporting)
  • Nepal's 70.5% is above the median for South Asia, which is 8.2%, 8.6× the median. (6 countries reporting)

Biggest year-on-year movements

Years where Merchandise exports to low- and middle-income economies in South Asia 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.

YearChange FromTo
1990 +187.3% 2.7% 7.9%
1996 +130.1% 9.4% 21.7%
1995 +126.9% 4.2% 9.4%

Averages by decade

DecadeAverage LowestHighest Years
1980s 38.6% 2.7% 64.1% 9
1990s 16.3% 4.2% 36.9% 10
2000s 62.5% 43.5% 73.4% 10
2010s 67.2% 56.2% 75.0% 10
2020s 74.4% 70.5% 80.9% 4

Countries ranked near Nepal

  1. 1 Bhutan 95.9% compare
  2. 3 Afghanistan 69.9% compare
  3. 4 Benin 59.9% compare
  4. 5 Comoros 29.1% compare

See the full ranking of 252 places →

More private sector data for Nepal

All data for Nepal →

Frequently asked questions

What is merchandise exports to low- and middle-income economies in south asia in Nepal?
Merchandise exports to low- and middle-income economies in south asia in Nepal was 70.5% in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise exports to low- and middle-income economies in south asia recorded in Nepal?
The highest recorded value was 80.9% in 2021.
What is the lowest merchandise exports to low- and middle-income economies in south asia recorded in Nepal?
The lowest recorded value was 2.7% in 1989.
How does Nepal rank for merchandise exports to low- and middle-income economies in south asia?
Nepal ranks 2nd out of 205 countries with data for 2023.
Is merchandise exports to low- and middle-income economies in south asia rising or falling in Nepal?
Over the last ten years it is down 0.1%. The long-run trend across the full record is rising.
Where does this Nepal data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports). Statizoid updates them automatically from the source API.

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Merchandise exports to low- and middle-income economies in South Asia in Nepal. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 18 September 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-to-low-and-middle-income-economies-in-south-asia-percent-of-total/nepal/

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About this data

Indicator
Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)
Unit
% of total merchandise exports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
252 places, 11,638 data points, 1960–2023
Last refreshed

Merchandise exports to low- and middle-income economies in South Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the South Asia region according to World Bank classification of economies. Data are 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.