2023
Flag  
GDP
$17.8TCURRENT US$
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2013-2023
Flag
GDP GROWTH
85.9%CURRENT US$
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2023
Flag
 GDP
$40.9BCURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP GROWTH
84.6%CURRENT US$
Rnk 26 / 195
2023
Flag
GDP PC 
$12,614CURRENT US$
Rnk 80 / 195
2013-2023
Flag
GDP PC GROWTH
79.7%CURRENT US$
Rnk 17 / 195
2023
Flag
GDP PC
$1,378CURRENT US$
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2013-2023
Flag
GDP PC GROWTH
71.5%CURRENT US$
Rnk 24 / 195

About

China-Nepal Trade: In 2023, China exported $1.76B to Nepal. The main products that China exported to Nepal were Broadcasting Equipment ($134M), Apples and Pears ($95M), and Cars ($94.3M). Over the past 5 years the exports of China to Nepal have decreased at an annualized rate of 1.3%, from $1.88B in 2018 to $1.76B in 2023.

In 2023, China did not export any services to Nepal.

Nepal-China Trade: In 2023, Nepal exported $28.2M to China. The main products that Nepal exported to China were Bells and Other Metal Ornaments ($10.1M), Knotted Carpets ($2.64M), and Blankets ($1.74M). Over the past 5 years the exports of Nepal to China have decreased at an annualized rate of 0.088%,  from $28.4M in 2018 to $28.2M in 2023.

In 2023, Nepal did not export any services to China.

Comparison In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16),  and 1 in total exports ($3.42T). 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, China exported $1.76B to Nepal. The main products exported from China to Nepal were Broadcasting Equipment ($134M), Apples and Pears ($95M), and Cars ($94.3M). During the last 5 years the exports of China to Nepal have decreased at an annualized rate of 1.3%, from $1.88B in 2018 to $1.76B in 2023.

In 2018, Nepal exported $28.2M to China. The main products exported from Nepal to China were Bells and Other Metal Ornaments ($10.1M), Knotted Carpets ($2.64M), and Blankets ($1.74M). During the last 5 years the exports of Nepal to China have decreased at an annualized rate of 0.088%, from $28.4M in 2023 to $28.2M in 2018.

Exports from China (Flag) to Nepal (Flag) (2023)

Exports from Nepal (Flag) to China (Flag) (2023)

Market Competitiveness

Color
China
Top Destination
United States$436B
Nepal
Top Destination
India$811M

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

In 2023, countries that imported more from China than Nepal included United States ($436B), Hong Kong ($259B), and Japan ($169B).

In 2023, no countries were registered that imported more from Nepal than from China.

Difference in imports from Nepal (Flag) and China (Flag) (2023)

Comparative Advantage China - Nepal

Flow
Scale

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

During 2023, China had a large net trade with Nepal in the exports of Textiles ($509M), Machines ($482M), and Transportation ($129M).

During 2018, Nepal had a large net trade with China in the exports of Metals ($11.1M), Textiles ($11M), and Wood Products ($1.14M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Nepal+$141MTelephones
Top Product Potential Nepal China+$1.59MKnotted Carpets

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

Product Space of China (Flag) and Nepal (Flag) (2023)

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