2022
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GDP
$40.8BCURRENT US$
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2012-2022
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GDP GROWTH
88.1%CURRENT US$
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2022
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 GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
12.7%CURRENT US$
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2022
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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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2022
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GDP PC
$15,356CURRENT US$
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2012-2022
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GDP PC GROWTH
-0.33%CURRENT US$
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About

Nepal-Chile Trade: In 2022, Nepal exported $317k to Chile. The main products that Nepal exported to Chile were Percussion ($50.6k), Other Carpets ($25.3k), and Iron Housewares ($23.9k). Over the past 5 years the exports of Nepal to Chile have increased at an annualized rate of 12.7%, from $174k in 2017 to $317k in 2022.

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

Chile-Nepal Trade: In 2022, Chile exported $985k to Nepal. The main products that Chile exported to Nepal were Sowing Seeds ($696k), Other Nuts ($141k), and Wine ($120k). Over the past 5 years the exports of Chile to Nepal have increased at an annualized rate of 12.7%,  from $543k in 2017 to $985k in 2022.

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

Comparison In 2022,  Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index. That same year, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nepal exported $317k to Chile. The main products exported from Nepal to Chile were Percussion ($50.6k), Other Carpets ($25.3k), and Iron Housewares ($23.9k). During the last 5 years the exports of Nepal to Chile have increased at an annualized rate of 12.7%, from $174k in 2017 to $317k in 2022.

In 2017, Chile exported $985k to Nepal. The main products exported from Chile to Nepal were Sowing Seeds ($696k), Other Nuts ($141k), and Wine ($120k). During the last 5 years the exports of Chile to Nepal have increased at an annualized rate of 12.7%, from $543k in 2022 to $985k in 2017.

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

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

Latest Data

Trade between Nepal (Flag) and Chile (Flag)

Chile Exports

Market Competitiveness

Color
Nepal
Top Destination
India$956M
Chile
Top Destination
China$38.5B

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

In 2022, countries that imported more from Nepal than Chile included Central African Republic ($8.88M), Bhutan ($3.99M), and Burma ($1.64M).

In 2022, countries that imported more from Chile than Nepal included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

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

Comparative Advantage Nepal - Chile

Flow
Scale

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

During 2022, Nepal had a large net trade with Chile in the exports of Textiles ($93.8k), Instruments ($58.4k), and Metals ($52.3k).

During 2017, Chile had a large net trade with Nepal in the exports of Vegetable Products ($853k), Foodstuffs ($132k), and Textiles ($15).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Chile+$66.3kNon-Knit Women's Suits
Top Product Potential Chile Nepal+$215kOther Nuts

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

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

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