2022
Flag  
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
$495BCURRENT US$
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2012-2022
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GDP GROWTH
24.6%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
$6,909CURRENT US$
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2012-2022
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GDP PC GROWTH
20.2%CURRENT US$
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About

Nepal-Thailand Trade: In 2022, Nepal exported $1.06M to Thailand. The main products that Nepal exported to Thailand were Paper Containers ($319k), Blankets ($205k), and Iron Cloth ($114k). Over the past 5 years the exports of Nepal to Thailand have increased at an annualized rate of 7%, from $756k in 2017 to $1.06M in 2022.

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

Thailand-Nepal Trade: In 2022, Thailand exported $79.8M to Nepal. The main products that Thailand exported to Nepal were Unprocessed Synthetic Staple Fibers ($14.6M), Vinyl Chloride Polymers ($9.42M), and Cars ($5.59M). Over the past 5 years the exports of Thailand to Nepal have decreased at an annualized rate of 3.75%,  from $96.7M in 2017 to $79.8M in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nepal exported $1.06M to Thailand. The main products exported from Nepal to Thailand were Paper Containers ($319k), Blankets ($205k), and Iron Cloth ($114k). During the last 5 years the exports of Nepal to Thailand have increased at an annualized rate of 7%, from $756k in 2017 to $1.06M in 2022.

In 2017, Thailand exported $79.8M to Nepal. The main products exported from Thailand to Nepal were Unprocessed Synthetic Staple Fibers ($14.6M), Vinyl Chloride Polymers ($9.42M), and Cars ($5.59M). During the last 5 years the exports of Thailand to Nepal have decreased at an annualized rate of 3.75%, from $96.7M in 2022 to $79.8M in 2017.

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

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

Latest Data

Trade between Nepal (Flag) and Thailand (Flag)

Thailand Exports

Market Competitiveness

Color
Nepal
Top Destination
India$956M
Thailand
Top Destination
United States$53.4B

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

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

In 2022, countries that imported more from Thailand than Nepal included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

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

Comparative Advantage Nepal - Thailand

Flow
Scale

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

During 2022, Nepal had a large net trade with Thailand in the exports of Paper Goods ($330k), Textiles ($323k), and Metals ($160k).

During 2017, Thailand had a large net trade with Nepal in the exports of Textiles ($18.7M), Plastics and Rubbers ($15.8M), and Transportation ($9.89M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Thailand+$210kPaper Containers
Top Product Potential Thailand Nepal+$6.16MCars

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

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

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