South Asian Media Net

Trade Act and Policy	Export	Imports
Products, Exporters and Importers	Trade Statistics	Trade & Transit Agreement

Nepal's merchandise trade balance has improved somewhat in recent years with the growth of the carpet and garment industries. In FY 2000-01 exports posted a greater increase (14%) than imports (4.5%), helping bring the trade deficit down by 4% from the previous year to $749 million. Trade with India rose rapidly after conclusion of the 1996 bilateral trade treaty between the two countries, and now accounts for 43% of all exports. Indian efforts to revise the treaty, which comes up for a 5-year review in December 2001, could dampen Nepal's export growth. The annual monsoon rain, or lack of it, strongly influences economic growth. From 1996 to 1999, real GDP growth averaged less than 4%. The growth rate recovered in 1999, rising to 6% before slipping slightly in 2001 to 5.5%.

Strong export performance, including earnings from tourism, and external aid have helped improve the overall balance-of-payments situation and increase international reserves. Nepal receives substantial amounts of external assistance from India, the People's Republic of China, the United Kingdom, the United States, Japan, Germany, and the Scandinavian countries. Several multilateral organizations, such as the World Bank, the Asian Development Bank, and the UN Development Program also provide assistance. In June 1998, Nepal submitted its memorandum on a foreign trade regime to the World Trade Organization and in May 2000 began direct negotiations on its accession.

Foreign Trade Composition Of Nepal F. Y. 2001/02 TO 2003/04
Value in '000 Rs.
Direction	F. Y. 2001/02	% in	F. Y. 2002/03	% in	F. Y. 2003/04*	% in
	2058/59	Total	2059/60	Total	2060/61	Total
Exports
India	27,956,200	59.0	26,430,000	52.8	31,244,300	57.4

Overseas	18,409,236	38.8	21,981,475	44.0	20,941,661	38.5

Tibet	1,021,352	2.2	1,599,647	3.2	2,230,653	4.1

Total	47,386,788	100.0	50,011,122	100.0	54,416,614	100.0
Imports
India	56,622,100	52.1	70,924,200	55.3	81,651,900	58.8

Overseas	47,584,045	43.8	52,965,298	41.3	53,234,748	38.4

Tibet	4,428,656	4.1	4,338,636	3.4	3,866,087	2.8

Total	108,634,801	100.0	128,228,134	100.0	138,752,735	100.0
Trade Deficit
India	28,665,900		44,494,200		50,407,600

Overseas	29,174,809		30,983,823		32,293,087

Tibet	3,407,304		2,738,989		1,635,434

Total	61,248,013		78,217,012		84,336,121
Note :- Trade with India for the F. Y. 2001/02 and 2002/03 are revised.
* Provisional
Trade data with Tibet, Autonomous Region of China have been recorded through Tatopani Customs only.
Source:- Trade Promotion Centre & Nepal Rastra Bank.

Percentage Composition Of Regions In The Total Overseas Exports Of Nepal F. Y. 2001/02 TO 2003/04
Value in '000 Rs.
Regions	F. Y. 2001/02		F. Y. 2002/03		F. Y. 2003/04
	Value	%	Value	%	Value	%

Asia (Excluding India)	1,351,532	7.34	1,494,866	6.80	1,898,725	9.07

Africa	10,893	0.06	10,368	0.05	477,927	2.28

America	9,725,305	52.83	13,099,721	59.60	10,274,063	49.06

European Union	6,789,794	36.88	6,874,411	31.27	7,540,693	36.01

Europe (Excluding European Union)	457,169	2.48	402,453	1.83	638,827	3.05

Oceania	74,543	0.41	99,656	0.45	111,426	0.53


Total	18,409,236	100.00	21,981,475	100.00	20,941,661	100.00

Balance Of Trade With Individual Countries F. Y. 2003/04
S. N.	Countries	Exports Value (Rs.)	Import Value (Rs.)	Balance (Rs.)
	Grand Total	20,941,661,111	53,234,748,492	-32,293,087,381

	Asia	1,898,724,533	38,384,803,589	-36,486,079,056

1	Bangladesh	421,307,515	671,162,248	-249,854,733
2	Bhutan	77,704,865	21,647,271	56,057,594
3	Brunei	323,879	81,960,204	-81,636,325
4	Burma	-	11,436,286	-11,436,286
5	Bahrain	589,784	2,954,010	-2,364,226
6	China P. R.	117,497,167	5,433,814,913	-5,316,317,746
7	Hong Kong	77,023,784	1,641,570,924	-1,564,547,140
8	Indonesia	504,471	3,253,784,989	-3,253,280,518
9	Iran	2,846,562	61,568,020	-58,721,458
10	Iraq	10,500	-	10,500
11	Israel	3,175,682	483,695,044	-480,519,362
12	Japan	525,600,880	1,690,396,181	-1,164,795,301
13	Jordan	-	7,295,087	-7,295,087
14	Korea R	61,728,044	3,080,643,933	-3,018,915,889
15	Kuwait	3,181,002	18,791,369	-15,610,367
16	Lebanon	1,559,302	-	1,559,302
17	Malaysia	8,325,878	3,676,428,424	-3,668,102,546
18	Mongolia	180,425	15,776,824	-15,596,399
19	Maldives	125,125	39,516	85,609
20	Oman	1,073,226	39,389,293	-38,316,067
21	Pakistan	277,839,922	191,415,486	86,424,436
22	Philippines	1,808,041	376,096,999	-374,288,958
23	Qatar	621,397	162,000,896	-161,379,499
24	Saudi Arabia	517,616	2,547,900,875	-2,547,383,259
25	Singapore	57,330,883	8,698,646,573	-8,641,315,690
26	Sri Lanka	504,700	139,721,821	-139,217,121
27	Taiwan	50,967,304	1,175,139,989	-1,124,172,685
28	Thailand	102,467,120	4,320,169,479	-4,217,702,359
29	U. A. E.	81,296,812	407,933,164	-326,636,352
30	Yemen	59,200	4,501,064	-4,441,864
31	Armenia	3,742	3,000	742
32	Vietnam	5,534,313	134,156,634	-128,622,321
33	Cambodia	406,175	201,850	204,325
34	Laos	-	272,768	-272,768
35	Korea D. P. R	-	1,358,059	-1,358,059
36	Turkmenistan	1,671,069	-	1,671,069
37	Afghanistan	14,938,148	83,756	14,854,392
38	Uzbekistan	-	32,846,640	-32,846,640

	Africa	477,927,299	352,605,112	125,322,187

1	Egypt	186,834	5,719,174	-5,532,340
2	Kenya	1,333,506	1,668,089	-334,583
3	Mauritius	486,163	969,251	-483,088
4	South Africa	16,355,310	321,810,027	-305,454,717
5	Zambia	1,461,933	14,891,083	-13,429,150
6	Morocco	-	5,552,925	-5,552,925
7	Madagascar	-	1,585,313	-1,585,313
8	Senegal	-	409,250	-409,250
9	Tanzania	15,190	-	15,190
10	Ghana	203,088	-	203,088
11	Congo	457,885,275	-	457,885,275

	America	10,274,063,328	3,970,049,974	6,304,013,354

1	Argentina	453,204	1,114,786,545	-1,114,333,341
2	Brazil	1,978,263	293,426,982	-291,448,719
3	Canada	546,403,215	688,247,275	-141,844,060
4	Chile	9,200,789	27,550,628	-18,349,839
5	Colombia	-	623,875	-623,875
6	Bermuda	294,392	-	294,392
7	Mexico	17,505,019	163,960	17,341,059
8	Paraguay	176,152	-	176,152
9	U.S.A.	9,695,976,635	1,433,261,050	8,262,715,585
10	Venezuela	249,433	-	249,433
11	Peru	190,314	95,278,540	-95,088,226
12	Cuba	15,000	-	15,000
13	Costa Rica	79,233	-	79,233
14	Guatemala	-	310,024,895	-310,024,895
15	Bolivia	-	55,208	-55,208
16	Guyana	1,458,933	6,631,016	-5,172,083
17	Bahamas	82,746	-	82,746

	E. U.	7,540,692,760	6,559,325,640	981,367,120

1	Austria	89,374,494	368,689,920	-279,315,426
2	Belgium	260,947,624	1,125,635,861	-864,688,237
3	Denmark	128,550,201	339,538,171	-210,987,970
4	Finland	6,486,802	48,715,070	-42,228,268
5	France	581,761,717	675,531,693	-93,769,976
6	Germany	3,567,035,651	1,977,895,741	1,589,139,910
7	Greece	15,298,647	18,931,455	-3,632,808
8	Ireland	5,427,719	14,960,211	-9,532,492
9	Italy	589,369,859	451,516,382	137,853,477
10	Luxembourg	1,043,734	24,736,644	-23,692,910
11	Netherlands	286,167,768	229,288,639	56,879,129
12	Portugal	28,874,165	1,600	28,872,565
13	Spain	206,014,685	156,785,888	49,228,797
14	Sweden	97,254,993	91,604,473	5,650,520
15	U.K.	1,677,084,701	1,035,493,892	641,590,809

	Europe	638,826,975	1,412,812,413	-773,985,438

1	Bulgaria	189,417	5,161,623	-4,972,206
2	Croatia	8,128,146	15,966,913	-7,838,767
3	Czech Republic	24,940,936	122,177,934	-97,236,998
4	Cyprus	2,115,653	1,305,785	809,868
5	Lithuania	663,172	43,663	619,509
6	Hungary	1,849,887	212,504,739	-210,654,852
7	Iceland	302,824	-	302,824
8	Norway	16,918,350	29,268,677	-12,350,327
9	Poland	2,765,203	335,237,735	-332,472,532
10	Russia	4,790,930	227,502,210	-222,711,280
11	Romania	28,271	3,673,110	-3,644,839
12	Slovenia	1,392,154	15,393,377	-14,001,223
13	Switzerland	306,254,774	241,659,093	64,595,681
14	Turkey	264,657,181	86,396,627	178,260,554
15	Ukraine	1,467,829	55,001,879	-53,534,050
16	Yugoslavia	1,154,720	-	1,154,720
17	Malta	31,542	10,039,825	-10,008,283
18	Slovakia	748,312	41,310,932	-40,562,620
19	Estonia	169,416	-	169,416
20	Latvia	217,050	570,660	-353,610
21	Belarus	41,208	9,597,631	-9,556,423

	Oceania	111,426,216	2,555,151,764	-2,443,725,548

1	Australia	96,640,283	1,271,402,676	-1,174,762,393
2	New Zealand	14,785,933	1,283,749,088	-1,268,963,155

Total Foreign Trade Balance Of Nepal F.Y. 1993/94 TO F.Y. 2002/03
Value in '000 Rs.
Fiscal Year	Exports	Imports	Total Trade	Trade Deficit
1993/94 1994/95 1995/96 1996/97 1997/98 1998/99 1999/00 2000/01 2001/02 2002/03*	19,077,495 17,681,253 19,758,388 22,861,951 27,402,244 35,269,272 49,561,028 55,245,900 47,386,788 50,494,322	50,735,639 63,324,840 75,896,306 92,874,671 88,894,771 92,003,390 113,687,149 118,786,609 108,634,801 131,041,834	69,813,134 81,006,093 95,654,694 115,736,622 116,297,015 127,272,662 163,248,177 174,032,509 156,021,589 181,536,156	31,658,144 45,643,587 56,137,918 70,012,720 61,492,527 56,734,118 64,126,121 63,540,709 61,248,013 80,547,512

[ Go to Top ]