2022
Flag  
GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 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 
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 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

China-Nepal Trade: In 2022, China exported $1.78B to Nepal. The main products that China exported to Nepal were Broadcasting Equipment ($144M), Apples and Pears ($54.4M), and Computers ($42.1M). Over the past 5 years the exports of China to Nepal have increased at an annualized rate of 8.05%, from $1.21B in 2017 to $1.78B in 2022.

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

Nepal-China Trade: In 2022, Nepal exported $11M to China. The main products that Nepal exported to China were Knotted Carpets ($1.6M), Felt ($1.18M), and Bedspreads ($1.08M). Over the past 5 years the exports of Nepal to China have decreased at an annualized rate of 16.7%,  from $27.5M in 2017 to $11M in 2022.

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

Comparison In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12),  and 1 in total exports ($3.73T). 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, China exported $1.78B to Nepal. The main products exported from China to Nepal were Broadcasting Equipment ($144M), Apples and Pears ($54.4M), and Computers ($42.1M). During the last 5 years the exports of China to Nepal have increased at an annualized rate of 8.05%, from $1.21B in 2017 to $1.78B in 2022.

In 2017, Nepal exported $11M to China. The main products exported from Nepal to China were Knotted Carpets ($1.6M), Felt ($1.18M), and Bedspreads ($1.08M). During the last 5 years the exports of Nepal to China have decreased at an annualized rate of 16.7%, from $27.5M in 2022 to $11M in 2017.

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

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

Market Competitiveness

Color
China
Top Destination
United States$551B
Nepal
Top Destination
India$956M

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

In 2022, countries that imported more from China than Nepal included United States ($551B), Hong Kong ($276B), and Japan ($178B).

In 2022, countries that imported more from Nepal than China included Saint Helena ($435).

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

Comparative Advantage China - Nepal

Flow
Scale

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

During 2022, China had a large net trade with Nepal in the exports of Machines ($587M), Textiles ($402M), and Metals ($153M).

During 2017, Nepal had a large net trade with China in the exports of Textiles ($6.32M), Metals ($1.25M), and Miscellaneous ($997k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Nepal+$141MTelephones
Top Product Potential Nepal China+$1.59MKnotted Carpets

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

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

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