2022
Flag  
GDP
$529BCURRENT US$
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2012-2022
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GDP GROWTH
135%CURRENT US$
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2022
Flag
 GDP
$40.8BCURRENT US$
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2012-2022
Flag
GDP GROWTH
88.1%CURRENT US$
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2022
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GDP PC 
$104,039CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
112%CURRENT US$
Rnk 7 / 186
2022
Flag
GDP PC
$1,337CURRENT US$
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2012-2022
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GDP PC GROWTH
68.3%CURRENT US$
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About

Ireland-Nepal Trade: In 2022, Ireland exported $5.93M to Nepal. The main products that Ireland exported to Nepal were Orthopedic Appliances ($1.63M), Packaged Medicaments ($1.16M), and Special Pharmaceuticals ($884k). Over the past 5 years the exports of Ireland to Nepal have increased at an annualized rate of 6.66%, from $4.29M in 2017 to $5.93M in 2022.

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

Nepal-Ireland Trade: In 2022, Nepal exported $1.7M to Ireland. The main products that Nepal exported to Ireland were Essential Oils ($397k), Knit Sweaters ($284k), and Non-Knit Women's Suits ($178k). Over the past 5 years the exports of Nepal to Ireland have increased at an annualized rate of 16.3%,  from $687k in 2017 to $1.7M in 2022.

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

Comparison In 2022,  Ireland ranked 18 in the Economic Complexity Index (ECI 1.27),  and 31 in total exports ($236B). 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, Ireland exported $5.93M to Nepal. The main products exported from Ireland to Nepal were Orthopedic Appliances ($1.63M), Packaged Medicaments ($1.16M), and Special Pharmaceuticals ($884k). During the last 5 years the exports of Ireland to Nepal have increased at an annualized rate of 6.66%, from $4.29M in 2017 to $5.93M in 2022.

In 2017, Nepal exported $1.7M to Ireland. The main products exported from Nepal to Ireland were Essential Oils ($397k), Knit Sweaters ($284k), and Non-Knit Women's Suits ($178k). During the last 5 years the exports of Nepal to Ireland have increased at an annualized rate of 16.3%, from $687k in 2022 to $1.7M in 2017.

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

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

Market Competitiveness

Color
Ireland
Top Destination
United States$70.7B
Nepal
Top Destination
India$956M

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

In 2022, countries that imported more from Ireland than Nepal included United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

In 2022, countries that imported more from Nepal than Ireland included Central African Republic ($8.88M), Bhutan ($3.99M), and Saint Helena ($435).

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

Comparative Advantage Ireland - Nepal

Flow
Scale

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

During 2022, Ireland had a large net trade with Nepal in the exports of Chemical Products ($2.87M), Instruments ($2.11M), and Machines ($341k).

During 2017, Nepal had a large net trade with Ireland in the exports of Textiles ($1.11M), Chemical Products ($407k), and Footwear and Headwear ($122k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Nepal+$2.66MPackaged Medicaments
Top Product Potential Nepal Ireland+$431kKnit Sweaters

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

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

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