Nepal (NPL) and Germany (DEU) Trade | The Observatory of Economic Complexity

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Nepal-Germany Trade: In 2022, Nepal exported $43M to Germany. The main products that Nepal exported to Germany were Knotted Carpets ($7.64M), Scarves ($7.01M), and Non-Knit Women's Suits ($3.58M). Over the past 5 years the exports of Nepal to Germany have increased at an annualized rate of 4.74%, from $34.1M in 2017 to $43M in 2022.

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

Germany-Nepal Trade: In 2022, Germany exported $47.8M to Nepal. The main products that Germany exported to Nepal were Razor Blades ($6.8M), Medical Instruments ($6M), and X-Ray Equipment ($5.52M). Over the past 5 years the exports of Germany to Nepal have decreased at an annualized rate of 24.1%, from $190M in 2017 to $47.8M in 2022.

In 2022, Germany 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, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Nepal exported $43M to Germany. The main products exported from Nepal to Germany were Knotted Carpets ($7.64M), Scarves ($7.01M), and Non-Knit Women's Suits ($3.58M). During the last 5 years the exports of Nepal to Germany have increased at an annualized rate of 4.74%, from $34.1M in 2017 to $43M in 2022.

In 2017, Germany exported $47.8M to Nepal. The main products exported from Germany to Nepal were Razor Blades ($6.8M), Medical Instruments ($6M), and X-Ray Equipment ($5.52M). During the last 5 years the exports of Germany to Nepal have decreased at an annualized rate of 24.1%, from $190M in 2022 to $47.8M in 2017.

Exports from Nepal () to Germany () (2022)

Exports from Germany () to Nepal () (2022)

Latest Data

Trade between Nepal () and Germany ()

Germany Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nepal
Top DestinationIndia$956M

Germany
Top DestinationUnited States$153B

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

In 2022, no countries were registered that imported more from Nepal than from Germany.

In 2022, countries that imported more from Germany than Nepal included United States ($153B), France ($120B), and China ($109B).

Difference in imports from Germany () and Nepal () (2022)

Comparative Advantage Nepal - Germany

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Nepal had a large net trade with Germany in the exports of Textiles ($29.3M), Machines ($4.02M), and Vegetable Products ($2.38M).

During 2017, Germany had a large net trade with Nepal in the exports of Instruments ($16.8M), Machines ($8.32M), and Metals ($7.63M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Nepal Germany+$4.58MNon-Knit Women's Suits

Top Product Potential Germany Nepal+$4.99MMedical Instruments

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Nepal () to Germany () (2022)

Exports from Germany () to Nepal () (2022)

Latest Data

Trade between Nepal () and Germany ()

Germany Exports

Market Competitiveness

Difference in imports from Germany () and Nepal () (2022)

Comparative Advantage Nepal - Germany

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Nepal () and Germany () (2022)

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