2022
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GDP
$4.23TCURRENT US$
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2012-2022
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GDP GROWTH
-32.5%CURRENT US$
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2022
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 GDP
$40.8BCURRENT US$
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2012-2022
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GDP GROWTH
88.1%CURRENT US$
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2022
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GDP PC 
$33,815CURRENT US$
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2012-2022
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GDP PC GROWTH
-31.2%CURRENT US$
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2022
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GDP PC
$1,337CURRENT US$
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2012-2022
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GDP PC GROWTH
68.3%CURRENT US$
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About

Japan-Nepal Trade: In 2022, Japan exported $42.6M to Nepal. The main products that Japan exported to Nepal were Cars ($6.58M), Textile Fiber Machinery ($6.34M), and Medical Instruments ($4.78M). Over the past 5 years the exports of Japan to Nepal have decreased at an annualized rate of 5.54%, from $56.6M in 2017 to $42.6M in 2022.

In 2022, Japan did not export any services to Nepal.

Nepal-Japan Trade: In 2022, Nepal exported $13.2M to Japan. The main products that Nepal exported to Japan were Non-Knit Women's Suits ($2.02M), Knit Sweaters ($1.21M), and Scarves ($725k). Over the past 5 years the exports of Nepal to Japan have increased at an annualized rate of 2.61%,  from $11.6M in 2017 to $13.2M in 2022.

In 2022, Nepal did not export any services to Japan.

Comparison In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07),  and 4 in total exports ($728B). That same year, Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $42.6M to Nepal. The main products exported from Japan to Nepal were Cars ($6.58M), Textile Fiber Machinery ($6.34M), and Medical Instruments ($4.78M). During the last 5 years the exports of Japan to Nepal have decreased at an annualized rate of 5.54%, from $56.6M in 2017 to $42.6M in 2022.

In 2017, Nepal exported $13.2M to Japan. The main products exported from Nepal to Japan were Non-Knit Women's Suits ($2.02M), Knit Sweaters ($1.21M), and Scarves ($725k). During the last 5 years the exports of Nepal to Japan have increased at an annualized rate of 2.61%, from $11.6M in 2022 to $13.2M in 2017.

Exports from Japan (Flag) to Nepal (Flag) (2022)

Exports from Nepal (Flag) to Japan (Flag) (2022)

Market Competitiveness

Color
Japan
Top Destination
United States$137B
Nepal
Top Destination
India$956M

This map shows whether countries import more from Japan or Nepal. Each country is colored based on the difference in imports they receive from Japan and Nepal or the difference in the growth in imports.

In 2022, countries that imported more from Japan than Nepal included United States ($137B), China ($135B), and South Korea ($50.8B).

In 2022, countries that imported more from Nepal than Japan included Central African Republic ($8.88M).

Difference in imports from Nepal (Flag) and Japan (Flag) (2022)

Comparative Advantage Japan - Nepal

Flow
Scale

This chart compares trade between Japan and Nepal by product, considering products traded by both, Japan and Nepal.

During 2022, Japan had a large net trade with Nepal in the exports of Machines ($11.6M), Instruments ($8.53M), and Transportation ($8.27M).

During 2017, Nepal had a large net trade with Japan in the exports of Textiles ($5.93M), Foodstuffs ($1.88M), and Vegetable Products ($1.74M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Nepal+$11.6MCars
Top Product Potential Nepal Japan+$2.44MNon-Knit Women's Suits

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Japan and Nepal. This means that a dot/product with the flag of Japan indicates it has a comparative advantage over Nepal. Similarly, a dot/product with the flag of Nepal indicates it has a comparative advantage over Japan.

Product Space of Japan (Flag) and Nepal (Flag) (2022)

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