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Pricing

2022
Flag → Flag
Exports $26.2MRnk 5 / 149
2022
Flag → Flag
Top Product $5.9MKnotted Carpets
2022
Flag → Flag
Exports $36.2MRnk 137 / 224
2022
Flag → Flag
Top Product $8.6MVaccines, blood, antisera, toxins and cultures
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag  
GDP$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH88.1%CURRENT US$
Rnk 21 / 186
2022
Flag
 GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC $1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH68.3%CURRENT US$
Rnk 18 / 186
2022
Flag
GDP PC$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

Nepal-United Kingdom Trade: In 2022, Nepal exported $26.2M to United Kingdom. The main products that Nepal exported to United Kingdom were Knotted Carpets ($5.9M), Non-Knit Women's Suits ($5.09M), and Knit Sweaters ($3.33M). Over the past 5 years the exports of Nepal to United Kingdom have decreased at an annualized rate of 2.97%, from $30.5M in 2017 to $26.2M in 2022.

In 2022, Nepal did not export any services to United Kingdom.

United Kingdom-Nepal Trade: In 2022, United Kingdom exported $36.2M to Nepal. The main products that United Kingdom exported to Nepal were Vaccines, blood, antisera, toxins and cultures ($8.6M), Scrap Iron ($5.3M), and Gold ($3.9M). Over the past 5 years the exports of United Kingdom to Nepal have increased at an annualized rate of 17.4%,  from $16.2M in 2017 to $36.2M in 2022.

In 2022, United Kingdom 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, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nepal exported $26.2M to United Kingdom. The main products exported from Nepal to United Kingdom were Knotted Carpets ($5.9M), Non-Knit Women's Suits ($5.09M), and Knit Sweaters ($3.33M). During the last 5 years the exports of Nepal to United Kingdom have decreased at an annualized rate of 2.97%, from $30.5M in 2017 to $26.2M in 2022.

In 2017, United Kingdom exported $36.2M to Nepal. The main products exported from United Kingdom to Nepal were Vaccines, blood, antisera, toxins and cultures ($8.6M), Scrap Iron ($5.3M), and Gold ($3.9M). During the last 5 years the exports of United Kingdom to Nepal have increased at an annualized rate of 17.4%, from $16.2M in 2022 to $36.2M in 2017.

Exports from Nepal (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Nepal (Flag) (2022)

Latest Data

Trade between Nepal (Flag) and United Kingdom (Flag)

United Kingdom Exports

Market Competitiveness

Color
Nepal
Top DestinationIndia$956M
United Kingdom
Top DestinationUnited States$61.8B

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

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

In 2022, countries that imported more from United Kingdom than Nepal included United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

Difference in imports from United Kingdom (Flag) and Nepal (Flag) (2022)

Comparative Advantage Nepal - United Kingdom

Flow
Scale

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

During 2022, Nepal had a large net trade with United Kingdom in the exports of Textiles ($21.2M), Foodstuffs ($1.09M), and Paper Goods ($706k).

During 2017, United Kingdom had a large net trade with Nepal in the exports of Chemical Products ($10.7M), Metals ($5.61M), and Precious Metals ($4.38M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal United Kingdom+N/AN/A
Top Product Potential United Kingdom Nepal+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Nepal and United Kingdom. This means that a dot/product with the flag of Nepal indicates it has a comparative advantage over United Kingdom. Similarly, a dot/product with the flag of United Kingdom indicates it has a comparative advantage over Nepal.

Product Space of Nepal (Flag) and United Kingdom (Flag) (2022)

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