2023
Flag  
GDP
$514BCURRENT US$
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2013-2023
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GDP GROWTH
28.5%CURRENT US$
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2023
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 GDP
$40.9BCURRENT US$
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2013-2023
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GDP GROWTH
84.6%CURRENT US$
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2023
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GDP PC 
$49,041CURRENT US$
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2013-2023
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GDP PC GROWTH
-5.73%CURRENT US$
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2023
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GDP PC
$1,378CURRENT US$
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2013-2023
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GDP PC GROWTH
71.5%CURRENT US$
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About

United Arab Emirates-Nepal Trade: In 2023, United Arab Emirates exported $266M to Nepal. The main products that United Arab Emirates exported to Nepal were Gold ($172M), Computers ($28.8M), and Copper Wire ($10.1M). Over the past 5 years the exports of United Arab Emirates to Nepal have decreased at an annualized rate of 14.6%, from $584M in 2018 to $266M in 2023.

In 2023, United Arab Emirates did not export any services to Nepal.

Nepal-United Arab Emirates Trade: In 2023, Nepal exported $4.56M to United Arab Emirates. The main products that Nepal exported to United Arab Emirates were Knotted Carpets ($1.87M), Pesticides ($290k), and Blankets ($270k). Over the past 5 years the exports of Nepal to United Arab Emirates have increased at an annualized rate of 12.7%,  from $2.51M in 2018 to $4.56M in 2023.

In 2023, Nepal did not export any services to United Arab Emirates.

Comparison In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15),  and 21 in total exports ($357B). That same year, Nepal ranked 156 in total exports ($1.21B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Arab Emirates exported $266M to Nepal. The main products exported from United Arab Emirates to Nepal were Gold ($172M), Computers ($28.8M), and Copper Wire ($10.1M). During the last 5 years the exports of United Arab Emirates to Nepal have decreased at an annualized rate of 14.6%, from $584M in 2018 to $266M in 2023.

In 2018, Nepal exported $4.56M to United Arab Emirates. The main products exported from Nepal to United Arab Emirates were Knotted Carpets ($1.87M), Pesticides ($290k), and Blankets ($270k). During the last 5 years the exports of Nepal to United Arab Emirates have increased at an annualized rate of 12.7%, from $2.51M in 2023 to $4.56M in 2018.

Exports from United Arab Emirates (Flag) to Nepal (Flag) (2023)

Exports from Nepal (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

Trade between United Arab Emirates (Flag) and Nepal (Flag)

United Arab Emirates Exports

Market Competitiveness

Color
United Arab Emirates
Top Destination
China$40.2B
Nepal
Top Destination
India$811M

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

In 2023, countries that imported more from United Arab Emirates than Nepal included China ($40.2B), Japan ($37.4B), and India ($38.2B).

In 2023, no countries were registered that imported more from Nepal than from United Arab Emirates.

Difference in imports from Nepal (Flag) and United Arab Emirates (Flag) (2023)

Comparative Advantage United Arab Emirates - Nepal

Flow
Scale

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

During 2023, United Arab Emirates had a large net trade with Nepal in the exports of Precious Metals ($178M), Machines ($37.4M), and Metals ($10.5M).

During 2018, Nepal had a large net trade with United Arab Emirates in the exports of Textiles ($2.85M), Foodstuffs ($438k), and Chemical Products ($379k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Nepal+$16.6MRefined Petroleum
Top Product Potential Nepal United Arab Emirates+$732kTelephones

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

Product Space of United Arab Emirates (Flag) and Nepal (Flag) (2023)

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