Sunday, February 21, 2016

Exports trend of Nepal, India, China and USA from 2006-2015/2016

This post presents trends of total exports of Nepal and its two bordering countries- India and China between 2006 and 2015. Export trend of USA for the same period is also included at the bottom just for a quick comparison purpose. Graph source: http://www.tradingeconomics.com/united-states/exports. 

These graphs speak for themselves. The exports trend line for Nepal is more flat than it is for India, China and USA. The data for Nepal are less up to date. Nepal's exports volume is too small (presented in Nepali Rupees), relative to other countries which are presented in US dollars. 

It should be noted that India, China and USA are not strictly comparable to Nepal in many respects- size of the country, geography, populations, etc. Neither the attempt here is to strictly compare the export numbers of these countries. Instead, the goal is to have a quick visual observation how Nepal's exports look like vis-a-vis other countries in the last 10 years. 

Nepal's total exports may not ever be at part of China and India due to country's size and economic potentials. However, the exports most certainly need to grow more robustly in coming years to lift the country from economic destitutions. 




No comments: