Merchandise trade as a share of GDP rose 51.2% to 48.4% in Nepal in 2021, according to the National Statistical Office.
Historically, merchandise trade as a share of GDP in Nepal reached an all time high of 48.4% in 2021 and an all time low of 4.89% in 1961. When compared to Nepal's main peers, merchandise trade as a share of GDP in Bangladesh amounted to 29.9%, 78.9% in Bhutan, 34.1% in China and 30.5% in India in 2021.
Nepal has been ranked 113th within the group of 165 countries we follow in terms of merchandise trade as a share of GDP, 44 places above the position seen 10 years ago.
| Merchandise Trade (As % of GDP) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| Bangladesh | % | 38.2% | 30.0% | 30.2% | 31.0% | 28.0% | ||||||||||||||||
| Bhutan | % | 80.4% | 70.7% | 65.4% | 67.6% | 65.3% | ||||||||||||||||
| China | % | 35.7% | 32.8% | 33.4% | 33.3% | 32.1% | ||||||||||||||||
| India | % | 31.5% | 27.3% | 28.3% | 31.0% | 28.6% | ||||||||||||||||
| Japan | % | 28.6% | 25.0% | 27.8% | 29.5% | 27.8% | ||||||||||||||||
| Myanmar | % | 44.9% | 45.7% | 53.9% | 53.5% | 53.3% | ||||||||||||||||
| Nepal | % | 30.3% | 39.3% | 38.3% | 40.8% | 38.9% | ||||||||||||||||
| Pakistan | % | 24.5% | 21.4% | 23.4% | 23.4% | 23.0% | ||||||||||||||||
| Russia | % | 39.2% | 37.1% | 37.6% | 41.8% | 39.8% | ||||||||||||||||
| Sri Lanka | % | 34.6% | 33.5% | 34.3% | 36.1% | 35.8% | ||||||||||||||||
| USA | % | 21.0% | 19.8% | 20.3% | 20.8% | 19.7% |
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