Goods exports as a part of the balance of payment rose 93.4% to USD 1.72 bil in Nepal in 2021, according to the National Statistical Office.
Historically, goods exports as a part of the balance of payment in Nepal reached an all time high of USD 1.72 bil in 2021 and an all time low of USD 0.081 bil in 1977. When compared to Nepal's main peers, goods exports as a part of the balance of payment in Bangladesh amounted to USD 41.9 bil, USD 0.719 bil in Bhutan, USD 3,216 bil in China and USD 402 bil in India in 2021.
Nepal has been ranked 124th within the group of 140 countries we follow in terms of goods exports as a part of the balance of payment, 17 places above the position seen 10 years ago.
Goods Exports (BoP, USD) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Bangladesh | USD bil | 31.7 | 34.1 | 35.3 | 38.7 | 38.7 | ||||||||||||||||
Bhutan | USD bil | ... | ... | ... | ... | ... | 0.582 | 0.497 | 0.555 | 0.603 | 0.609 | |||||||||||
China | USD bil | 2,143 | 1,990 | 2,216 | 2,417 | 2,387 | ||||||||||||||||
India | USD bil | 272 | 269 | 304 | 332 | 331 | ||||||||||||||||
Japan | USD bil | 622 | 636 | 689 | 736 | 695 | ||||||||||||||||
Myanmar | USD bil | 9.96 | 9.23 | 9.81 | 11.1 | 10.8 | ... | ... | ||||||||||||||
Nepal | USD bil | 0.813 | 0.762 | 0.836 | 0.932 | 1.11 | ||||||||||||||||
Pakistan | USD bil | 22.7 | 21.8 | 23.2 | 24.8 | 24.8 | ||||||||||||||||
Russia | USD bil | 341 | 282 | 353 | 444 | 420 | ||||||||||||||||
Sri Lanka | USD bil | 10.5 | 10.3 | 11.4 | 11.9 | 11.9 | ... | |||||||||||||||
USA | USD bil | 1,511 | 1,457 | 1,557 | 1,677 | 1,655 |