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

In , Nepal's Merchandise imports by the reporting economy (current US$) was $12.04 billion.

That's down 12.2% from 2022, the highest value since .

The global average for this indicator in 2023 was $114.38 billion . Nepal ranks #106 globally out of 205 reporting countries. Within South Asia, it ranks #4 of 6.

Source: World Bank Open Data (TM.VAL.MRCH.WL.CD) • Data as of 2023

Trend (2004–2023)

Nepal Merchandise imports by the reporting economy (current US$) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
$15.80B
Trough
$1.79B
1-year change
-12.2%
5-year change
-5.2%
-1.1% / yr
10-year change
+86.8%
+6.4% / yr

Historical Data — Last 10 Years

Year Merchandise imports by the reporting economy (current US$)
12.041B
13.718B
15.796B
9.720B
12.277B
12.699B
9.830B
8.848B
6.612B
7.588B

About Merchandise imports by the reporting economy (current US$)

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.

Indicator code: TM.VAL.MRCH.WL.CDCategory: Trade & Finance

Frequently asked questions

What was Nepal's Merchandise imports by the reporting economy (current US$) in 2023?
In 2023, Nepal's Merchandise imports by the reporting economy (current US$) was $12.04 billion, according to World Bank Open Data.
Is Nepal's Merchandise imports by the reporting economy (current US$) rising or falling?
Nepal's Merchandise imports by the reporting economy (current US$) fell 12.2% from 2022 to 2023.
How does Nepal rank globally on Merchandise imports by the reporting economy (current US$)?
In 2023, Nepal ranked #106 out of 205 countries reporting Merchandise imports by the reporting economy (current US$).
How does Nepal's Merchandise imports by the reporting economy (current US$) compare to the world average?
The global average for Merchandise imports by the reporting economy (current US$) in 2023 was $114.38 billion, so Nepal is below the world average. Within South Asia, it ranks #4 of 6.
What is Merchandise imports by the reporting economy (current US$) and how is it measured?
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.
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Source: World Bank Open Data (TM.VAL.MRCH.WL.CD), CC BY 4.0.