India Nepal trade balance analysis for 5 years : 2013- 2018

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India and Nepal are neighbors and natural trade partners. Nepal is a land locked nation and India if first choice for Import. India exports almost every commodity to Nepal including Mineral fuels, iron, Steel, Vehicles and cereals too name a few. India has trade surplus with Nepal worth 6.1 billions US dollars.

India Nepal trade balance 5 years 2013-2018
India Nepal trade balance 5 years 2013-2018

Key Points of India Nepal trade balance in 5 years

  1. Export to Nepal increased by 21% in FY 2017-18
  2. Import from Nepal decreased by 1.5%
  3. India’s export to Nepal in 5 years is highest in 2017-18 at 6.5 billions USD.
  4. India’s import from Nepal is highest in 2014-15 at 639.9 millions USD.
  5. Trade balance is in favor of India in tune of 6.15 billion USD.
  6. India’s total export was highest in 2013-14 at 314 billion USD in last 5 years.
  7. India’s import from Nepal is down and it has been decreased by 17.2% since 2013-14

Also Read, India Myanmar trade balance analysis for 5 years : 2013- 2018

Top 25 commodity imported from Nepal by India in 2017-18

Country:  Nepal, Values in Million $ US
S.No. Commodity 2016-17 2017-18 %Growth
1 Coffee, Tea, Mate And Spices. 67.16 82.67 23.1
2 Beverages, Spirits And Vinegar. 110.1 59.28 -46.16
3 Plastic And Articles Thereof. 44.92 43.24 -3.75
4 Iron And Steel 37.28 41.07 10.16
5 Man-Made Staple Fibers. 26.45 30.01 13.44
6 Residues And Waste From The Food Industries; Prepared Animal Fodder. 20.98 22.55 7.48
7 Other Vegetable Textile Fibers; Paper Yarn And Woven Fabrics Of Paper Yarn. 4.78 21.8 355.77
8 Miscellaneous Chemical Products. 20.7 19.4 -6.28
9 Other Made Up Textile Articles; Sets; Worn Clothing And Worn Textile Articles; Rags 5.24 17.04 225.32
10 Footwear, Gaiters And The Like; Parts Of Such Articles. 23.7 12.51 -47.2
11 Copper And Articles Thereof. 9.12 9.3 2.01
12 Essential Oils And Resinous; Perfumery, Cosmetic Or Toilet Preparations. 8.4 8.52 1.37
13 Pharmaceutical Products 5.39 8.38 55.44
14 Oil Seeds And Olga. Fruits; Misc. Grains, Seeds And Fruit; Industrial Or Medicinal Plants; Straw And Fodder. 5.76 7.83 35.86
15 Tanning Or Dyeing Extracts; Tannin And Their Deri. Dyes, Pigments And Other Coloring Matter; Paints And Ver; Putty And Other Mastic’s; Inks. 4.97 7.4 49.03
16 Pulp Of Wood Or Of Other Fibrous Cellulose Material; Waste And Scrap Of Paper Or Paperboard. 5.03 6.07 20.57
17 Articles Of Iron Or Steel 11.47 5.5 -52.09
18 Preparations Of Cereals, Flour, Starch Or Milk; Pastry cooks Products. 6.92 4.86 -29.67
19 Vegetable Plaiting Materials; Vegetable Products Not Elsewhere Specified Or Included. 2.72 4.46 63.86
20 Raw Hides And Skins (Other Than Fur-skins) And Leather 1.07 3.24 203.98
21 Nuclear Reactors, Boilers, Machinery And Mechanical Appliances; Parts Thereof. 1.78 2.84 59.94
22 Aluminum And Articles Thereof. 2.82 2.41 -14.53
23 Lead And Articles Thereof. 0.82 2.34 183.99
24 Wadding, Felt And Non-wovens; Spacial Yarns; Twine, Cordage, Ropes And Cables And Articles Thereof. 2.39 2.32 -3.14
25 Articles Of Apparel And Clothing Accessories, Not Knitted Or Crocheted. 3.98 1.89 -52.41

Top 25 commodities exported to Nepal by India in 2017-18

Country:  Nepal, Values in Million $ US
S.No. Commodity 2016-17 2017-18 %Growth
1 Mineral Fuels, Mineral Oils And Products Of Their Distillation; Bituminous Substances; Mineral Waxes. 1,115.72 1,521.50 36.37
2 Iron And Steel 627.2 880.48 40.38
3 Vehicles Other Than Railway Or Tramway Rolling Stock, And Parts And Accessories Thereof. 766.55 686.31 -10.47
4 Nuclear Reactors, Boilers, Machinery And Mechanical Appliances; Parts Thereof. 439.61 618.92 40.79
5 Cereals. 346.75 388.98 12.18
6 Salt; Sulfur; Earths And Stone; Plastering Materials, Lime And Cement. 134.43 225.13 67.48
7 Pharmaceutical Products 179.71 201.25 11.99
8 Plastic And Articles Thereof. 163.02 179.53 10.13
9 Electrical Machinery And Equipment And Parts Thereof; Sound Recorders And Reproducers, Television Image And Sound Recorders And Reproducers,And Parts. 158.85 142.94 -10.01
10 Residues And Waste From The Food Industries; Prepared Animal Fodder. 97.25 112.19 15.36
11 Paper And Paperboard; Articles Of Paper Pulp, Of Paper Or Of Paperboard. 106.74 110.55 3.57
12 Articles Of Iron Or Steel 88.98 88.43 -0.62
13 Rubber And Articles Thereof. 59.86 78.53 31.2
14 Edible Vegetables And Certain Roots And Tubers. 117.97 74.65 -36.72
15 Essential Oils And Resinous; Perfumery, Cosmetic Or Toilet Preparations. 63.99 69.17 8.09
16 Ceramic Products. 40.49 55.64 37.39
17 Aluminum And Articles Thereof. 34.8 53.2 52.87
18 Preparations Of Cereals, Flour, Starch Or Milk; Pastry cooks Products. 44.36 51.38 15.82
19 Cotton. 54.55 48.74 -10.66
20 Man-Made Staple Fibers. 34.26 46.13 34.65
21 Edible Fruit And Nuts; Peel Or Citrus Fruit Or Melons. 45.04 42.81 -4.95
22 Zinc And Articles Thereof. 16.15 42.78 164.96
23 Miscellaneous Chemical Products. 36.88 42.13 14.23
24 Sugars And Sugar Confectionery. 43.73 41.45 -5.22
25 Coffee, Tea, Mate And Spices. 38.28 37.58 -1.81

Source Ministry of Commerce and Industry, India

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