Applied tariffs
Simple average MFN applied
2024
12.5 %
Trade-weighted MFN average
2023
12.9 %
Share of MFN duty-free
2024
3.4 %
Bound tariffs
Simple average bound
26.1 %
Binding coverage
99.4 %
Share of bound duty-free
2.5 %
Imports
Total imports: 12,016.0 million USD in 2023
Imports by partner
India
64.2 %
7,716.7
million USD
China
16.2 %
1,947.8
million USD
European Union
2.7 %
324.7
million USD
United Arab Emirates
1.7 %
209.5
million USD
Indonesia
1.6 %
189.1
million USD
Malaysia
1.4 %
165.9
million USD
Ukraine
1.3 %
157.1
million USD
Australia
1.1 %
137.7
million USD
United States of America
1.1 %
136.9
million USD
Argentina
1.0 %
115.0
million USD
Rest of the World
7.6 %
915.5
million USD
Imports by products HS 2022
271019
Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
11.3 %
1,361.6
million USD
271012
Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. losses" distil at 210°C "ASTM D 86 method" (excl. containing biodiesel)
4.2 %
508.3
million USD
271119
Gaseous hydrocarbons, liquefied, n.e.s. (excl. natural gas, propane, butane, ethylene, propylene, butylene and butadiene)
3.5 %
420.5
million USD
720310
Ferrous products obtained by direct reduction of iron ore, in lumps, pellets or similar forms
2.8 %
333.3
million USD
720839
Flat-rolled products of iron or non-alloy steel, of a width of >= 600 mm, in coils, simply hot-rolled, not clad, plated or coated, of a thickness of < 3 mm, not pickled, without patterns in relief
2.1 %
252.4
million USD
270119
Coal, whether or not pulverised, non-agglomerated (excl. anthracite and bituminous coal)
1.8 %
211.1
million USD
300490
Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic purposes, put up in measured doses "incl. those for transdermal administration" or in forms or packings for retail sale (excl. containing antibiotics, hormones or steroids used as hormones, alkaloids, provitamins, vitamins, their derivatives, antimalarial active principles and blinded clinical trial kits)
1.7 %
209.1
million USD
851713
Smartphones for wireless networks
1.7 %
198.6
million USD
710813
Gold, incl. gold plated with platinum, in semi-manufactured forms, for non-monetary purposes
1.4 %
168.4
million USD
150710
Crude soya-bean oil, whether or not degummed
1.3 %
156.6
million USD
Rest of the products
68.2 %
8,196.2
million USD
Exports
Total exports: 728.8 million USD in 2016
Exports by destination
India
54.1 %
394.6
million USD
United States of America
12.1 %
88.5
million USD
European Union
10.0 %
72.9
million USD
Singapore
5.0 %
36.5
million USD
Türkiye
3.8 %
27.5
million USD
United Kingdom
3.4 %
24.7
million USD
China
2.5 %
18.1
million USD
Bangladesh
1.8 %
12.9
million USD
Japan
1.5 %
11.2
million USD
Canada
1.1 %
8.3
million USD
Rest of the World
4.6 %
33.7
million USD
Exports by products HS 2012
570110
Carpets and other textile floor coverings, of wool or fine animal hair, knotted, whether or not made up
10.0 %
72.8
million USD
090831
Cardamoms, neither crushed nor ground
5.0 %
36.2
million USD
490700
Unused postage, revenue or similar stamps of current or new issue in the country in which they have, or will have, a recognised face value; stamp-impressed paper; banknotes; cheque forms; stock, share or bond certificates and similar documents of title
4.8 %
34.9
million USD
540720
Woven fabrics of strip or the like, of synthetic filament, incl. monofilament of >= 67 decitex and with a cross sectional dimension of <= 1 mm
4.5 %
32.6
million USD
200990
Mixtures of fruit juices, incl. grape must, and vegetable juices, unfermented, whether or not containing added sugar or other sweetening matter (excl. containing spirit)
4.1 %
29.7
million USD
550951
Yarn containing predominantly, but < 85% polyester staple fibres by weight, mixed principally or solely with artificial staple fibres (excl. sewing thread and yarn put up for retail sale)
3.8 %
27.3
million USD
090240
Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of > 3 kg
3.4 %
24.9
million USD
621420
Shawls, scarves, mufflers, mantillas, veils and similar articles of wool or fine animal hair (excl. knitted or crocheted)
3.4 %
24.7
million USD
531090
Woven fabrics of jute or of other textile bast fibres of heading 5303, bleached, dyed, made of yarn of different colours, or printed
2.5 %
18.5
million USD
630510
Sacks and bags, for the packing of goods, of jute or other textile bast fibres of heading 5303
2.4 %
17.6
million USD
Rest of the products
56.2 %
409.6
million USD
Preferential regimes provided by Nepal
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Nepal as a beneficiary based on other economies reported preferential regimes
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