Georgia (GEO) and Nepal (NPL) Trade | The Observatory of Economic Complexity

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Georgia-Nepal Trade: In 2022, Georgia exported $306k to Nepal. The main products that Georgia exported to Nepal were Seed Oils ($168k), Hard Liquor ($53.7k), and Other Paints ($51.3k). Over the past 5 years the exports of Georgia to Nepal have increased at an annualized rate of 252%, from $566 in 2017 to $306k in 2022.

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

Nepal-Georgia Trade: In 2022, Nepal exported $23.5k to Georgia. The main products that Nepal exported to Georgia were Non-Knit Women's Suits ($9.45k), Trunks and Cases ($5.03k), and Non-Knit Women's Coats ($2.42k). Over the past 5 years the exports of Nepal to Georgia have increased at an annualized rate of 3.39%, from $19.9k in 2017 to $23.5k in 2022.

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

Comparison In 2022, Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Georgia exported $306k to Nepal. The main products exported from Georgia to Nepal were Seed Oils ($168k), Hard Liquor ($53.7k), and Other Paints ($51.3k). During the last 5 years the exports of Georgia to Nepal have increased at an annualized rate of 252%, from $566 in 2017 to $306k in 2022.

In 2017, Nepal exported $23.5k to Georgia. The main products exported from Nepal to Georgia were Non-Knit Women's Suits ($9.45k), Trunks and Cases ($5.03k), and Non-Knit Women's Coats ($2.42k). During the last 5 years the exports of Nepal to Georgia have increased at an annualized rate of 3.39%, from $19.9k in 2022 to $23.5k in 2017.

Exports from Georgia () to Nepal () (2022)

Exports from Nepal () to Georgia () (2022)

Latest Data

Trade between Georgia () and Nepal ()

Georgia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Georgia
Top DestinationChina$759M

Nepal
Top DestinationIndia$956M

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

In 2022, countries that imported more from Georgia than Nepal included China ($759M), Azerbaijan ($668M), and Russia ($642M).

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

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

Comparative Advantage Georgia - Nepal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Georgia had a large net trade with Nepal in the exports of Animal and Vegetable Bi-Products ($168k), Foodstuffs ($53.7k), and Chemical Products ($51.3k).

During 2017, Nepal had a large net trade with Georgia in the exports of Textiles ($14.5k), Animal Hides ($5.03k), and Instruments ($2.21k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Georgia Nepal+$6.62kOrthopedic Appliances

Top Product Potential Nepal Georgia+$26.1kNon-Knit Women's Suits

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

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Historical Data

Bilateral Trade by Products

Exports from Georgia () to Nepal () (2022)

Exports from Nepal () to Georgia () (2022)

Latest Data

Trade between Georgia () and Nepal ()

Georgia Exports

Market Competitiveness

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

Comparative Advantage Georgia - Nepal

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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