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Pricing

2022
Flag → Flag
Exports $4.12MRnk 21 / 149
2022
Flag → Flag
Top Product $3.36MDried Legumes
2022
Flag → Flag
Exports $55.1MRnk 57 / 139
2022
Flag → Flag
Top Product $22.9MSoybean Meal
2022
Flag
Economic Complexity (ECI) ECI -0.82Rnk 101 / 133
2022
Flag  
GDP$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH88.1%CURRENT US$
Rnk 21 / 186
2022
Flag
 GDP$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH245%CURRENT US$
Rnk 2 / 186
2022
Flag
GDP PC $1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH68.3%CURRENT US$
Rnk 18 / 186
2022
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GDP PC$2,688CURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP PC GROWTH207%CURRENT US$
Rnk 2 / 186

About

Nepal-Bangladesh Trade: In 2022, Nepal exported $4.12M to Bangladesh. The main products that Nepal exported to Bangladesh were Dried Legumes ($3.36M), Fake Hair ($220k), and Perfume Plants ($132k). Over the past 5 years the exports of Nepal to Bangladesh have decreased at an annualized rate of 15.9%, from $9.78M in 2017 to $4.12M in 2022.

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

Bangladesh-Nepal Trade: In 2022, Bangladesh exported $55.1M to Nepal. The main products that Bangladesh exported to Nepal were Soybean Meal ($22.9M), Jute and Other Textile Fibers ($5.82M), and Packaged Medicaments ($3.8M). Over the past 5 years the exports of Bangladesh to Nepal have increased at an annualized rate of 2.57%,  from $37.6M in 2017 to $55.1M in 2022.

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

Comparison In 2022,  Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index. That same year, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nepal exported $4.12M to Bangladesh. The main products exported from Nepal to Bangladesh were Dried Legumes ($3.36M), Fake Hair ($220k), and Perfume Plants ($132k). During the last 5 years the exports of Nepal to Bangladesh have decreased at an annualized rate of 15.9%, from $9.78M in 2017 to $4.12M in 2022.

In 2017, Bangladesh exported $55.1M to Nepal. The main products exported from Bangladesh to Nepal were Soybean Meal ($22.9M), Jute and Other Textile Fibers ($5.82M), and Packaged Medicaments ($3.8M). During the last 5 years the exports of Bangladesh to Nepal have increased at an annualized rate of 2.57%, from $37.6M in 2022 to $55.1M in 2017.

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

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

Market Competitiveness

Color
Nepal
Top DestinationIndia$956M
Bangladesh
Top DestinationUnited States$11.7B

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

In 2022, countries that imported more from Nepal than Bangladesh included Central African Republic ($8.88M), Bhutan ($3.99M), and Russia ($1.31M).

In 2022, countries that imported more from Bangladesh than Nepal included United States ($11.7B), Germany ($10.2B), and United Kingdom ($4.86B).

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

Comparative Advantage Nepal - Bangladesh

Flow
Scale

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

During 2022, Nepal had a large net trade with Bangladesh in the exports of Vegetable Products ($3.52M), Foodstuffs ($277k), and Footwear and Headwear ($220k).

During 2017, Bangladesh had a large net trade with Nepal in the exports of Foodstuffs ($26.2M), Textiles ($10.6M), and Chemical Products ($6.79M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Bangladesh+$649kDried Legumes
Top Product Potential Bangladesh Nepal+$1.66MPackaged Medicaments

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 Nepal and Bangladesh. This means that a dot/product with the flag of Nepal indicates it has a comparative advantage over Bangladesh. Similarly, a dot/product with the flag of Bangladesh indicates it has a comparative advantage over Nepal.

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

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