Merchandise imports by the reporting economy (current US$) in Nepal

Nepal: Merchandise imports by the reporting economy (current US$) was 12.04 billion current US$ in 2023. ◆ Volatile

Latest (2023)
12.04 billion current US$
Change on year
down 12.2%
World rank
106th
of 206 countries
All-time high
15.80 billion current US$
in 2021
All-time low
213.64 million current US$
in 1981
Years of data
43
1981–2023

Merchandise imports by the reporting economy in Nepal, 1981–2023

05.0B10.0B15.0B1981200220231981: 213.6M current US$1982: 224.5M current US$1983: 234.9M current US$1984: 260.2M current US$1985: 293.4M current US$1986: 304.7M current US$1987: 454.0M current US$1988: 527.0M current US$1989: 423.4M current US$1990: 580.2M current US$1991: 496.3M current US$1992: 472.2M current US$1993: 539.0M current US$1994: 622.8M current US$1995: 763.4M current US$1996: 1.3B current US$1997: 1.6B current US$1998: 1.4B current US$1999: 1.2B current US$2000: 1.5B current US$2001: 1.5B current US$2002: 1.3B current US$2003: 1.6B current US$2004: 1.8B current US$2005: 2.0B current US$2006: 2.1B current US$2007: 3.1B current US$2008: 3.5B current US$2009: 3.8B current US$2010: 5.1B current US$2011: 5.9B current US$2012: 6.0B current US$2013: 6.4B current US$2014: 7.6B current US$2015: 6.6B current US$2016: 8.8B current US$2017: 9.8B current US$2018: 12.7B current US$2019: 12.3B current US$2020: 9.7B current US$2021: 15.8B current US$2022: 13.7B current US$2023: 12.0B current US$

Source: Staff estimates, World Bank (WB). Measured in current US$.

Analysis

Nepal recorded 12.04 billion current US$ for merchandise imports by the reporting economy in 2023.

The figure is down 12.2% on the previous year and up 86.8% over ten years.

Over the whole period, merchandise imports by the reporting economy in Nepal peaked at 15.80 billion current US$ in 2021 and was at its lowest, 213.64 million current US$, in 1981.

That places Nepal 106th 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 imports by the reporting economy (current US$) in Nepal, year by year

Annual values for Merchandise imports by the reporting economy (current US$) in Nepal, 1981 to 2023.
Year current US$ Change
1981 213.64 million current US$ —
1982 224.53 million current US$ +5.1%
1983 234.93 million current US$ +4.6%
1984 260.17 million current US$ +10.7%
1985 293.36 million current US$ +12.8%
1986 304.68 million current US$ +3.9%
1987 453.96 million current US$ +49.0%
1988 527.04 million current US$ +16.1%
1989 423.37 million current US$ -19.7%
1990 580.21 million current US$ +37.0%
1991 496.29 million current US$ -14.5%
1992 472.21 million current US$ -4.9%
1993 538.96 million current US$ +14.1%
1994 622.76 million current US$ +15.5%
1995 763.40 million current US$ +22.6%
1996 1.34 billion current US$ +75.5%
1997 1.59 billion current US$ +18.9%
1998 1.41 billion current US$ -11.4%
1999 1.18 billion current US$ -16.6%
2000 1.46 billion current US$ +24.4%
2001 1.54 billion current US$ +5.3%
2002 1.31 billion current US$ -14.8%
2003 1.60 billion current US$ +21.4%
2004 1.79 billion current US$ +12.3%
2005 2.00 billion current US$ +11.4%
2006 2.14 billion current US$ +7.3%
2007 3.05 billion current US$ +42.6%
2008 3.54 billion current US$ +15.9%
2009 3.75 billion current US$ +6.1%
2010 5.12 billion current US$ +36.3%
2011 5.92 billion current US$ +15.6%
2012 6.02 billion current US$ +1.7%
2013 6.45 billion current US$ +7.2%
2014 7.59 billion current US$ +17.7%
2015 6.61 billion current US$ -12.9%
2016 8.85 billion current US$ +33.8%
2017 9.83 billion current US$ +11.1%
2018 12.70 billion current US$ +29.2%
2019 12.28 billion current US$ -3.3%
2020 9.72 billion current US$ -20.8%
2021 15.80 billion current US$ +62.5%
2022 13.72 billion current US$ -13.2%
2023 12.04 billion current US$ -12.2%

Nepal compared with similar countries

  • Nepal's 12.04 billion current US$ is above the median for lower middle income countries, which is 8.62 billion current US$, 1.4× the median. (47 countries reporting)
  • Nepal's 12.04 billion current US$ is below the median for South Asia, which is 14.07 billion current US$, 86% of the median. (6 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 326.19 million current US$ 213.64 million current US$ 527.04 million current US$ 9
1990s 899.74 million current US$ 472.21 million current US$ 1.59 billion current US$ 10
2000s 2.22 billion current US$ 1.31 billion current US$ 3.75 billion current US$ 10
2010s 8.13 billion current US$ 5.12 billion current US$ 12.70 billion current US$ 10
2020s 12.82 billion current US$ 9.72 billion current US$ 15.80 billion current US$ 4

Countries ranked near Nepal

  1. 103 Venezuela 12.27 billion current US$ compare
  2. 104 Gibraltar 12.12 billion current US$ compare
  3. 105 North Macedonia 12.05 billion current US$ compare
  4. 107 Senegal 11.72 billion current US$ compare
  5. 108 Uganda 11.50 billion current US$ compare
  6. 109 Bolivia 11.49 billion current US$ compare

See the full ranking of 253 places →

More private sector data for Nepal

All data for Nepal →

Frequently asked questions

What is merchandise imports by the reporting economy in Nepal?
Merchandise imports by the reporting economy in Nepal was 12.04 billion current US$ in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise imports by the reporting economy recorded in Nepal?
The highest recorded value was 15.80 billion current US$ in 2021.
What is the lowest merchandise imports by the reporting economy recorded in Nepal?
The lowest recorded value was 213.64 million current US$ in 1981.
How does Nepal rank for merchandise imports by the reporting economy?
Nepal ranks 106th out of 206 countries with data for 2023.
Is merchandise imports by the reporting economy rising or falling in Nepal?
Over the last ten years it is up 86.8%. 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 imports by the reporting economy (current US$). Statizoid updates them automatically from the source API.

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Merchandise imports by the reporting economy in Nepal. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 10 October 2026, from https://private-sector.statizoid.com/stat/merchandise-imports-by-the-reporting-economy-current-us/nepal/

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About this data

Indicator
Merchandise imports by the reporting economy (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 13,515 data points, 1960–2023
Last refreshed

Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.