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2022
Flag → Flag
Exports $691kRnk 146 / 196
2022
Flag → Flag
Top Product $297kPackaged Medicaments
2022
Flag → Flag
Exports $957kRnk 43 / 149
2022
Flag → Flag
Top Product $576kCoated Flat-Rolled Iron
2022
Flag
Economic Complexity (ECI) ECI 1.03Rnk 26 / 133
2022
Flag  
GDP$301BCURRENT US$
Rnk 44 / 186
2012-2022
Flag
GDP GROWTH68.2%CURRENT US$
Rnk 30 / 186
2022
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 GDP$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH88.1%CURRENT US$
Rnk 21 / 186
2022
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GDP PC $15,892CURRENT US$
Rnk 60 / 186
2012-2022
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GDP PC GROWTH77.9%CURRENT US$
Rnk 16 / 186
2022
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GDP PC$1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH68.3%CURRENT US$
Rnk 18 / 186

About

Romania-Nepal Trade: In 2022, Romania exported $691k to Nepal. The main products that Romania exported to Nepal were Packaged Medicaments ($297k), Computers ($116k), and Therapeutic Appliances ($27.6k). Over the past 5 years the exports of Romania to Nepal have decreased at an annualized rate of 4.57%, from $874k in 2017 to $691k in 2022.

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

Nepal-Romania Trade: In 2022, Nepal exported $957k to Romania. The main products that Nepal exported to Romania were Coated Flat-Rolled Iron ($576k), Non-Knit Women's Suits ($195k), and Non-Knit Men's Suits ($41.7k). Over the past 5 years the exports of Nepal to Romania have increased at an annualized rate of 19.2%,  from $165k in 2017 to $957k in 2022.

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

Comparison In 2022,  Romania ranked 26 in the Economic Complexity Index (ECI 1.03),  and 43 in total exports ($99.5B). 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, Romania exported $691k to Nepal. The main products exported from Romania to Nepal were Packaged Medicaments ($297k), Computers ($116k), and Therapeutic Appliances ($27.6k). During the last 5 years the exports of Romania to Nepal have decreased at an annualized rate of 4.57%, from $874k in 2017 to $691k in 2022.

In 2017, Nepal exported $957k to Romania. The main products exported from Nepal to Romania were Coated Flat-Rolled Iron ($576k), Non-Knit Women's Suits ($195k), and Non-Knit Men's Suits ($41.7k). During the last 5 years the exports of Nepal to Romania have increased at an annualized rate of 19.2%, from $165k in 2022 to $957k in 2017.

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

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

Latest Data

Trade between Romania (Flag) and Nepal (Flag)

Romania Exports

Market Competitiveness

Color
Romania
Top DestinationGermany$18.8B
Nepal
Top DestinationIndia$956M

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

In 2022, countries that imported more from Romania than Nepal included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

In 2022, countries that imported more from Nepal than Romania included India ($956M), Central African Republic ($8.88M), and Bhutan ($3.99M).

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

Comparative Advantage Romania - Nepal

Flow
Scale

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

During 2022, Romania had a large net trade with Nepal in the exports of Chemical Products ($298k), Machines ($228k), and Instruments ($74.2k).

During 2017, Nepal had a large net trade with Romania in the exports of Metals ($576k), Textiles ($343k), and Animal Hides ($16.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Romania Nepal+$602kPackaged Medicaments
Top Product Potential Nepal Romania+$781kCoated Flat-Rolled Iron

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

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

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