Rice Import In Nepal 2026 Market Overview & Trends

Unlocking Opportunities in Rice Import In Nepal Market: Trends, Strategies, and Growth Insights

$312.8 m

Market Size

886.4 m Kg

Import Volume

Vietnam

Key Trading Partner

~-6.03%

Market Growth Rate

Rice Market Overview in Nepal

AI Insight

Nepal's rice import market is currently experiencing a contraction phase, characterized by a -6.03% growth rate and a drop in value to 312.8 million USD in 2022. India maintains a dominant competitive position, supplying over 99% of the market value. However, Vietnam is a notable emerging partner with 776% growth. Trade is heavily concentrated in ir 64 rice and paddy. The overall trajectory suggests a shift toward market stabilization after the 2021 peak, with high geographic dependency on Indian supply chains.

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5-Year Import Volume

AI Insight

Nepal's rice imports saw a notable decline in 2022. After a peak in 2021 with an import value of 451.5 million USD and 1.36 billion units in quantity, the market contracted to 312.8 million USD and 886.4 million units in 2022. This suggests a significant reduction in import volume and value following the 2021 surge.

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Top 5 Supplier Countries

India

99.29%

United States

0.59%

China

0.08%

Vietnam

0.02%

Thailand

0.02%

AI Insight

India is the overwhelming leader in Nepal's rice market, contributing 310.6 million USD in 2022. This represents a massive share compared to other partners. The United States follows at a distant second with 1.83 million USD, while China, Vietnam, and Thailand maintain marginal market presence, highlighting Nepal's heavy reliance on Indian exports.

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Import Growth Analysis

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-6.0%Annual Growth

AI Insight

The market data indicates a negative growth rate of -6.03%. This downward trend reflects the broader contraction in import values seen between 2021 and 2022, signaling a cooling market for imported rice products in the region during the latest recorded period.

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Emerging Supply Markets

AI Insight

Vietnam has emerged as a rapidly growing partner with a staggering 776.3% growth rate, despite a modest latest value of 77,730 USD. Other partners like Thailand (2.3%) and Japan (1.08%) show stable but slow growth, indicating that Vietnam is the most significant emerging player in Nepal's rice supply chain.

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Related Products You May Import

AI Insight

The market is dominated by two primary categories: ir 64 rice (177.6 million USD) and paddy/rough rice (126.9 million USD). These two products constitute the vast majority of trade value. Broken rice holds a smaller niche at 8.2 million USD, while husked brown rice remains a negligible segment of the total imports.

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Rice Import Requirements in Nepal

Before Shipment

1. Import License from the Department of Commerce. 2. Phytosanitary Certificate. 3. Prior approval from the Department of Food Technology and Quality Control (DFTQC). 4. Non-GMO Certificate. 5. Quality inspection certificate from an authorized international agency.

Documentation Required

1. Commercial Invoice. 2. Bill of Lading or Airway Bill. 3. Packing List. 4. Certificate of Origin. 5. Phytosanitary Certificate and DFTQC Import Permit.

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Rice Imports and Free Trade Agreements in Nepal

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South Asian Free Trade Area (SAFTA)
SAARC Preferential Trading Arrangement (SAPTA)
BIMSTEC Free Trade Area
Nepal-India Trade Treaty
Nepal-China Trade and Payments Agreement

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Import Requirements

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