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How dependent is Nepal on India?

In 2024, India sold $7 billion to Nepal, 67.5% of its imports, ranking 1st among its suppliers. Its share was 62.4% in 2019 and 22.5% in 1995. In 343 products it sells more than 50% of what Nepal buys of them (in 242, more than 75%); what Nepal buys from India in those products (dominated value) adds up to $6.3 billion, 60.9% of its imports.

Summary

Share of its imports
67.5%
Value imported
$7billion
Rank among its suppliers
1st
Products where it sells over 50%
343
Products where it sells over 75%
242
Dominated value
$6.3billion
Share of total imports
60.9%

Trend

Trend in shares

India went from 22.5% to 67.5% of what Nepal buys

Share (%)

  • India 67.5%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
199515922.5%1
199616527.1%1
199716827.4%1
199830020.6%1
199960536.7%1
200044826.7%1
200118728.2%1
200226239%1
200394949.1%1
200474260.2%1
200583164.3%1
200692263.2%1
20071,22759.6%1
20081,68165%1
20092,16254.1%1
20103,27361.2%1
20113,88861.6%1
20124,04059.4%1
20134,13356.9%1
20145,00360.8%1
20154,06557.1%1
20165,86962.5%1
20176,41360.8%1
20188,35262.8%1
20198,03162.4%1
20206,39463.6%1
20219,78361%1
20228,77763.7%1
20237,24870.2%1
20246,95167.5%1

Products where India sells more than half

ProductSupplierShareSecondValue
Refined petroleumIndia99.6%over 75%Australia · 0.14%$1.5 billion
Natural gas and LPGIndia100%over 75%China · 0%$399 million
Direct-reduced ironIndia100%over 75%—$309 million
Medicines in measured doses or retail packsIndia92.7%over 75%United Kingdom · 2.1%$205 million
RiceIndia98.7%over 75%United States · 0.83%$166 million
Hot-rolled flat steelIndia99.8%over 75%China · 0.24%$164 million
MotorcyclesIndia95.9%over 75%China · 3.9%$148 million
CoalIndia100%over 75%Tanzania · 0%$128 million
CornIndia79.8%over 75%Turkey · 8.6%$96 million
Soybean meal and pelletsIndia89.4%over 75%United States · 10.6%$92 million
Semi-finished steelIndia100%over 75%—$89 million
PolyethyleneIndia86.9%over 75%Saudi Arabia · 9.6%$73 million
ElectricityIndia100%over 75%—$70 million
Steel wire rodIndia99.9%over 75%China · 0.09%$66 million
New tiresIndia90.1%over 75%China · 5.9%$66 million
Petroleum coke and bitumenIndia100%over 75%—$55 million
Transformers and power suppliesIndia62.1%China · 35.1%$54 million
PolypropyleneIndia97.7%over 75%Saudi Arabia · 2%$54 million
Auto partsIndia74.3%China · 21.4%$43 million
Polyester and other synthetic staple fiberIndia86.8%over 75%Thailand · 9.2%$41 million
Refrigerators, freezers and heat pumpsIndia81.8%over 75%China · 15.9%$41 million
Cables and wireIndia61.7%China · 36%$39 million
Steel structuresIndia79.5%over 75%China · 19.8%$39 million
Mixed fertilizersIndia50.3%China · 49.6%$34 million
PotatoesIndia99.9%over 75%China · 0.08%$34 million
Detergents and surfactantsIndia94.9%over 75%China · 2.1%$34 million
Polyethers, polyesters and epoxy resinsIndia84.6%over 75%China · 15%$32 million
Sorting and crushing machinesIndia79.5%over 75%China · 19.3%$32 million
Makeup and skin careIndia76.4%over 75%Thailand · 7.1%$31 million
Writing and printing paperIndia82.1%over 75%Indonesia · 9.3%$31 million

and 313 more

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Are there other suppliers in the world?

Exports from the rest of the world already have buyers; the figure shows scale, not availability.

Seen from India

Nepal is India’s 19th-largest customer, with 1.5% of its exports.

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.