Nepal
On this page you will find beneficial information regarding foreign direct investment in / trading with Nepal. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Federal Parliamentary Republic
Population: 30.03 million (2021)
GDP: 36.29 billion USD (2021)
Corporate Tax Rate: 25%
Personal Income Tax Rate: 1% - 36%
Major Exports: Soybean Oil ($591M), Palm Oil ($252M), Non-Retail Synthetic Staple Fibers Yarn ($72.5M), Knotted Carpets ($71.9M), and Nutmeg, mace and cardamons ($47.5M), exporting mostly to India ($1.34B), United States ($144M), Germany ($36.5M), United Kingdom ($27.1M), and Turkey ($20.2M).
Major Imports: Refined Petroleum ($1.5B), Semi-Finished Iron ($591M), Soybean Oil ($517M), Rice ($430M), and Gold ($417M), importing mostly from India ($9.4B), China ($2.32B), United Arab Emirates ($505M), Argentina ($389M), and Indonesia ($302M).
National Chamber of Commerce: Federation of Nepalese Chambers of Commerce and Industry
Website: https://www.fncci.org/
Customs Agency: Department of Customs (DoC)
Website: http://www.customs.gov.np/
