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Pricing

2023
Flag → Flag
Exports $100MRnk 135 / 220
2023
Flag → Flag
Top Product $54MVaccines, blood, antisera, toxins and cultures
2023
Flag → Flag
Exports $38.8MRnk 3 / 111
2023
Flag → Flag
Top Product $7.45MKnotted Carpets
2023
Flag
Economic Complexity (ECI) ECI 1.79Rnk 5 / 132
2023
Flag  
GDP$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP GROWTH18.8%CURRENT US$
Rnk 144 / 195
2023
Flag
 GDP$40.9BCURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP GROWTH84.6%CURRENT US$
Rnk 26 / 195
2023
Flag
GDP PC $54,343CURRENT US$
Rnk 21 / 195
2013-2023
Flag
GDP PC GROWTH15.1%CURRENT US$
Rnk 118 / 195
2023
Flag
GDP PC$1,378CURRENT US$
Rnk 169 / 196
2013-2023
Flag
GDP PC GROWTH71.5%CURRENT US$
Rnk 24 / 195

About

Germany-Nepal Trade: In 2023, Germany exported $100M to Nepal. The main products that Germany exported to Nepal were Vaccines, blood, antisera, toxins and cultures ($54M), Medical Instruments ($16.3M), and X-Ray Equipment ($3.07M). Over the past 5 years the exports of Germany to Nepal have increased at an annualized rate of 4.74%, from $79.5M in 2018 to $100M in 2023.

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

Nepal-Germany Trade: In 2023, Nepal exported $38.8M to Germany. The main products that Nepal exported to Germany were Knotted Carpets ($7.45M), Scarves ($4.82M), and Knit Sweaters ($3.15M). Over the past 5 years the exports of Nepal to Germany have increased at an annualized rate of 2.89%,  from $33.7M in 2018 to $38.8M in 2023.

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

Comparison In 2023,  Germany ranked 5 in the Economic Complexity Index (ECI 1.79),  and 3 in total exports ($1.57T). That same year, Nepal ranked 156 in total exports ($1.21B), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Germany exported €1.96M and imported €2.82M from Nepal, resulting in a negative trade balance of €866k. Between November 2023 and November 2024 the exports of Germany have decreased by €-5.44M (-73.6%) from €7.4M to €1.96M, while imports increased by €397k (16.4%) from €2.43M to €2.82M.

Trade In November 2024, the top exports of Germany to Nepal were Medical, surgical equipment, orthopaedic apparatus (€773k), Machinery for electricity production, distribution (€341k), Measuring and automatical control instruments (€162k), Pharmaceutical products (€129k), and Articles of plastic (€88k). In November 2024 the top imports of Germany from Nepal were Other textile products (€994k), Apparel of wool, other animal hair,... (€313k), Apparel of knitted, crocheted silk, man-made... (€192k), Apparel of cotton, excl. of knitted... (€173k), and Apparel of knitted, crocheted wool, animal... (€144k).

Origins In November 2024 the exports of Germany were mainly from Baden-Württemberg (€346k), North Rhine-Westphalia (€195k), Bavaria (€180k), Hesse (€157k), and Hamburg (€139k), while imports destinations were mainly Hamburg (€1.06M), Bavaria (€565k), North Rhine-Westphalia (€492k), Baden-Württemberg (€248k), and Hesse (€151k).

Growth In November 2024, the decrease in Germany's year-by-year exports to Nepal was explained primarily by an decrease in product exports in Pharmaceutical products (€-215k or -62.5%), Other chemical final products (€-166k or -90.2%), and Plastics (€-79k or -92.9%). In November 2024, the increase in Germany's year-by-year imports  from Nepal was explained primarily by an increase in product imports  in Other textile products (€105k or 11.8%), Games and toys (€61k or 6.1k%), and Leather articles, leather apparel (excl. footwear) (€55k or 183%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)€-5.44M(-73.6%)
IMPORT GROWTH (November 2023 - November 2024)€397k(16.4%)
MAIN EXPORTER (November 2024)Baden-Württemberg€346k

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check Nepal and Germany trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Nepal and Germany Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Germany exported $100M to Nepal. The main products exported from Germany to Nepal were Vaccines, blood, antisera, toxins and cultures ($54M), Medical Instruments ($16.3M), and X-Ray Equipment ($3.07M). During the last 5 years the exports of Germany to Nepal have increased at an annualized rate of 4.74%, from $79.5M in 2018 to $100M in 2023.

In 2018, Nepal exported $38.8M to Germany. The main products exported from Nepal to Germany were Knotted Carpets ($7.45M), Scarves ($4.82M), and Knit Sweaters ($3.15M). During the last 5 years the exports of Nepal to Germany have increased at an annualized rate of 2.89%, from $33.7M in 2023 to $38.8M in 2018.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$157B
Nepal
Top DestinationIndia$811M

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

In 2023, countries that imported more from Germany than Nepal included United States ($157B), France ($118B), and Netherlands ($108B).

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

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

Comparative Advantage Germany - Nepal

Flow
Scale

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

During 2023, Germany had a large net trade with Nepal in the exports of Chemical Products ($56.9M), Instruments ($24.4M), and Machines ($8.96M).

During 2018, Nepal had a large net trade with Germany in the exports of Textiles ($30.3M), Vegetable Products ($2.29M), and Footwear and Headwear ($1.34M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Nepal+$4.99MMedical Instruments
Top Product Potential Nepal Germany+$4.58MNon-Knit Women's Suits

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

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

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