Net trade in goods in Nepal

Nepal: Net trade in goods was -10.59 billion BoP, current US$ in 2024. ◆ Volatile

Latest (2024)
-10.59 billion BoP, current US$
Change on year
down 1.2%
World rank
171st
of 199 countries
All-time high
-52.01 million BoP, current US$
in 1976
All-time low
-13.71 billion BoP, current US$
in 2021
Years of data
49
1976–2024

Net trade in goods in Nepal, 1976–2024

-15.0B-10.0B-5.0B0197620002024

Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.

Analysis

Nepal recorded -10.59 billion BoP, current US$ for net trade in goods in 2024.

Compared with earlier readings it is down 1.2% on the previous year and down 61.5% over ten years.

Over the whole period, net trade in goods in Nepal peaked at -52.01 million BoP, current US$ in 1976 and was at its lowest, -13.71 billion BoP, current US$, in 2021.

That places Nepal 171st out of 199 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s -102.17 million BoP, current US$ -141.06 million BoP, current US$ -52.01 million BoP, current US$ 4
1980s -320.73 million BoP, current US$ -471.08 million BoP, current US$ -218.16 million BoP, current US$ 10
1990s -754.27 million BoP, current US$ -1.28 billion BoP, current US$ -375.79 million BoP, current US$ 10
2000s -1.54 billion BoP, current US$ -3.42 billion BoP, current US$ -765.22 million BoP, current US$ 10
2010s -7.18 billion BoP, current US$ -11.93 billion BoP, current US$ -4.11 billion BoP, current US$ 10
2020s -11.08 billion BoP, current US$ -13.71 billion BoP, current US$ -8.71 billion BoP, current US$ 5

Countries ranked near Nepal

  1. 168 Kenya -9.69 billion BoP, current US$ compare
  2. 169 Tunisia -9.79 billion BoP, current US$ compare
  3. 170 Bulgaria -10.57 billion BoP, current US$ compare
  4. 172 Jordan -10.66 billion BoP, current US$ compare
  5. 173 El Salvador -11.11 billion BoP, current US$ compare
  6. 174 Lebanon -12.84 billion BoP, current US$ compare

See the full ranking of 200 places →

More economy & growth data for Nepal

All data for Nepal →

Frequently asked questions

What is net trade in goods in Nepal?
Net trade in goods in Nepal was -10.59 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest net trade in goods recorded in Nepal?
The highest recorded value was -52.01 million BoP, current US$ in 1976.
What is the lowest net trade in goods recorded in Nepal?
The lowest recorded value was -13.71 billion BoP, current US$ in 2021.
How does Nepal rank for net trade in goods?
Nepal ranks 171st out of 199 countries with data for 2024.
Is net trade in goods rising or falling in Nepal?
Over the last ten years it is down 61.5%. The long-run trend across the full record is volatile.
Where does this Nepal data come from?
The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods (BoP, current US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Net trade in goods (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
200 places, 7,807 data points, 1960–2025
Last refreshed

The balance of international trade in goods is the difference between the exports and imports of goods. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.