Top Exports To NepalTotal Exports To Nepal: $10,633,089
|Rank||Commodity||Total YTD Exports|
|1||Low value shipments||$915,645|
|2||Medical instruments for surgeons, dentists, vets||$840,290|
|3||Artificial filament tow||$731,458|
|5||Electric storage batteries||$575,563|
|6||Parts for heavy machinery||$561,518|
|9||Make-up and skin-care products||$442,215|
|10||Live fowl, including chickens, ducks, turkeys||$379,500|
Total Imports From NepalTotal Imports From Nepal: $23,759,892
|1||Carpets, othert textile floor coverings, knotted||$8,373,905|
|3||Carpets & Oth Text Floor Cover, Woven, No Tuf 5702||$1,558,518|
|4||Men's or boys' suits, not knit||$1,144,770|
|5||Travel goods, including handbags, wallets, jewelry||$999,350|
|6||Glass Beads Etc & Articles Nesoi, Lw Glass Or 7018||$899,308|
|7||Shawls, Scarves, Mufflers, Mantillas, Veils E 6214||$662,399|
|8||Preparations for animal feeding||$594,565|
|9||Men's or boys' shirts, not knitted or crocheted||$539,234|
Top Nepal Trading PartnersTotal Nepal trade: $34,392,981
|1||New York City||$11,571,336|
|9||Low Value Shipments||$1,375,964|
Top US Trading PartnersTotal U.S. trade for all countries: $1,240,094,299,613
|Rank||Commodity||Total YTD Exports|
Nepal’s trade rose to $34,392,981 through April
Nepal’s trade with the United States rose to $34,392,981 through the first four months of 2013, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s -31.48 percent below its total trade during the same time period last year. Nepal’s exports decreased -43.86 percent while imports dropped -23.98 percent. The U.S. deficit with Nepal was $13,126,803.Through April, Nepal’s top U.S. Customs districts for total imports and exports were No. 1 New York City, No. 2 Los Angeles, No. 3 Cleveland, No. 4 Seattle and No. 5 Norfolk compared to last year when the top spots were held by No. 1 New York City, No. 2 Los Angeles, No. 3 Low Value Shipments, No. 4 New Orleans and No. 5 Cleveland. In the current time period, the top five accounted for 53.28 percent of Nepal’s U.S. trade.. That compares to 123.71 percent for the nation’s top five Customs districts during the same time period.
Taking a closer look at the leading U.S. gateways for U.S. trade with Nepal,:
- Trade with No. 1 New York City fell -36.39 percent to $11,571,336.
Exports fell -19.59 percent to $1,139,471. Imports fell -37.81 percent to $10,431,865.
- Trade with No. 2 Los Angeles fell -68.01 percent to $4,414,866.
Exports fell -78.38 percent to $2,254,571. Imports fell -35.89 percent to $2,160,295.
- Trade with No. 3 Cleveland rose 38.63 percent to $2,406,360.
Exports rose 36.11 percent to $483,256. Imports rose 39.27 percent to $1,923,104.
- Trade with No. 4 Seattle rose 63.60 percent to $2,063,285.
Exports rose 306.88 percent to $1,019,328. Imports rose 3.29 percent to $1,043,957.
- Trade with No. 5 Norfolk rose 22.39 percent to $1,982,814.
Exports rose 72.03 percent to $1,034,328. Imports fell -6.90 percent to $948,486.
Through April, 11 Customs districts posted trade surpluses with Nepal while 26 had deficits. That compares with 7 surpluses and 28 deficits for the same period one year ago. The top surplus was with Atlanta/Savannah at $1,015,557, the largest deficit was with New York City at $-9,292,394.
Meanwhile, total U.S. trade with the world decreased to $1,240,094,299,613, down -0.88 percent compared to the same period last year. The nation’s exports climbed 0.32 percent to $4,038,186,093; imports dropped -1.20 percent to $-15,017,653,007. The nation’s top five countries so far this year, by value, are Canada, China, Mexico, Japan and Germany. The overall trade deficit climbed $-214,073,880,779, down compared to the same period of last year when the deficit was $-233,129,719,879.
The top five U.S. exports to Nepal by value through April were low value shipments; medical instruments for surgeons, dentists, vets; artificial filament tow; perfumes; and electric storage batteries, respectively. They accounted for 34.82 percent of total exports to Nepal.
The value of the top five U.S. imports from Nepal -- carpets, othert textile floor coverings, knotted; antiques; carpets & oth text floor cover, woven, no tuf 5702; men's or boys' suits, not knit; and travel goods, including handbags, wallets, jewelry -- accounted for 62.54 percent of all inbound shipments.
Looking more closely at U.S. exports to Nepal:
- Low value shipments fell -44.83 percent compared to last year to $915,645.
- Medical instruments for surgeons, dentists, vets rose 22.91 percent compared to last year to $840,290.
- Artificial filament tow fell -7.12 percent compared to last year to $731,458.
- Perfumes rose compared to last year to $639,203.
- Electric storage batteries rose 42.62 percent compared to last year to $575,563.
Looking more closely at U.S. imports from Nepal
- Carpets, othert textile floor coverings, knotted fell -18.28 percent compared to last year to $8,373,905.
- Antiques fell -63.59 percent compared to last year to $2,783,257.
- Carpets & Oth Text Floor Cover, Woven, No Tuf 5702 fell -7.02 percent compared to last year to $1,558,518.
- Men's or boys' suits, not knit fell -10.42 percent compared to last year to $1,144,770.
- Travel goods, including handbags, wallets, jewelry fell -37.38 percent compared to last year to $999,350.
In the latest annual figures available, Nepal recorded $50,197,275 in trade with the United States. At year’s end, its top five Customs districts were New York City, Los Angeles, Cleveland, San Francisco and New Orleans. Total U.S. exports to Nepal were $36,886,169 and imports from Nepal were $83,506,745. The U.S. deficit with Nepal was $-46,620,576.