2022
Flag  
GDP
$72.8BCURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP GROWTH
10.8%CURRENT US$
Rnk 144 / 186
2022
Flag
 GDP
$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH
88.1%CURRENT US$
Rnk 21 / 186
2022
Flag
GDP PC 
$7,905CURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP PC GROWTH
13.7%CURRENT US$
Rnk 101 / 186
2022
Flag
GDP PC
$1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH
68.3%CURRENT US$
Rnk 18 / 186

About

Belarus-Nepal Trade: In 2022, Belarus exported $39.6k to Nepal. The main products that Belarus exported to Nepal were Flax Woven Fabric ($35.9k), Mirrors and Lenses ($1.81k), and Electric Motors ($1.33k). Over the past 5 years the exports of Belarus to Nepal have decreased at an annualized rate of 48.9%, from $1.14M in 2017 to $39.6k in 2022.

In 2014, Belarus exported services to Nepal worth $1.35k, with Government services, n.i.e. ($800) and Insurance services ($545) being the largest in terms of value.

Nepal-Belarus Trade: In 2022, Nepal exported $55 to Belarus. The main products that Nepal exported to Belarus were Animal Food ($55). Over the past 5 years the exports of Nepal to Belarus have decreased at an annualized rate of 88.1%,  from $2.28M in 2017 to $55 in 2022.

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

Comparison In 2022,  Belarus ranked 32 in the Economic Complexity Index (ECI 0.82),  and 100 in total exports ($10.4B). 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, Belarus exported $39.6k to Nepal. The main products exported from Belarus to Nepal were Flax Woven Fabric ($35.9k), Mirrors and Lenses ($1.81k), and Electric Motors ($1.33k). During the last 5 years the exports of Belarus to Nepal have decreased at an annualized rate of 48.9%, from $1.14M in 2017 to $39.6k in 2022.

In 2017, Nepal exported $55 to Belarus. The main products exported from Nepal to Belarus were Animal Food ($55). During the last 5 years the exports of Nepal to Belarus have decreased at an annualized rate of 88.1%, from $2.28M in 2022 to $55 in 2017.

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

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

Latest Data

Trade between Belarus (Flag) and Nepal (Flag)

Belarus Exports

Market Competitiveness

Color
Belarus
Top Destination
China$1.6B
Nepal
Top Destination
India$956M

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

In 2022, countries that imported more from Belarus than Nepal included China ($1.6B), Ukraine ($1.29B), and Poland ($933M).

In 2022, countries that imported more from Nepal than Belarus included India ($956M), Singapore ($25.5M), and Central African Republic ($8.88M).

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

Comparative Advantage Belarus - Nepal

Flow
Scale

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

During 2022, Belarus had a large net trade with Nepal in the exports of Textiles ($36k), Instruments ($1.81k), and Machines ($1.75k).

During 2017, Nepal had a large net trade with Belarus in the exports of Foodstuffs ($55).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belarus Nepal+$5.91kFlax Woven Fabric
Top Product Potential Nepal Belarus+$2.18kAnimal Food

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

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

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