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Pricing

2022
Flag → Flag
Exports $47.8MRnk 150 / 223
2022
Flag → Flag
Top Product $6.8MRazor Blades
2022
Flag → Flag
Exports $43MRnk 3 / 149
2022
Flag → Flag
Top Product $7.64MKnotted Carpets
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 5 / 133
2022
Flag  
GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
 GDP$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH88.1%CURRENT US$
Rnk 21 / 186
2022
Flag
GDP PC $48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186
2022
Flag
GDP PC$1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH68.3%CURRENT US$
Rnk 18 / 186

About

Germany-Nepal Trade: In 2022, Germany exported $47.8M to Nepal. The main products that Germany exported to Nepal were Razor Blades ($6.8M), Medical Instruments ($6M), and X-Ray Equipment ($5.52M). Over the past 5 years the exports of Germany to Nepal have decreased at an annualized rate of 24.1%, from $190M in 2017 to $47.8M in 2022.

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

Nepal-Germany Trade: In 2022, Nepal exported $43M to Germany. The main products that Nepal exported to Germany were Knotted Carpets ($7.64M), Scarves ($7.01M), and Non-Knit Women's Suits ($3.58M). Over the past 5 years the exports of Nepal to Germany have increased at an annualized rate of 4.74%,  from $34.1M in 2017 to $43M in 2022.

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

Comparison In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78),  and 3 in total exports ($1.6T). That same year, Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, Germany exported €2.3M and imported €2.49M from Nepal, resulting in a negative trade balance of €192k. Between August 2023 and August 2024 the exports of Germany have decreased by €-176k (-7.11%) from €2.48M to €2.3M, while imports decreased by €-96k (-3.71%) from €2.59M to €2.49M.

Trade In August 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 August 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 August 2024 the exports of Germany were mainly from Bavaria (€367k), North Rhine-Westphalia (€323k), Thuringia (€224k), Baden-Württemberg (€198k), and Saxony-Anhalt (€127k), while imports destinations were mainly Bavaria (€653k), Hamburg (€517k), North Rhine-Westphalia (€506k), Hesse (€299k), and Baden-Württemberg (€148k).

Growth In August 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 August 2024, the decrease in Germany's year-by-year imports  from Nepal was explained primarily by an decrease in product imports  in Apparel of knitted, crocheted wool, animal... (€-196k or -57.6%), Apparel of knitted or crocheted fabrics... (€-45k or -52.3%), and Other prefabricated chemicals (€-41k or -89.1%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)€-176k(-7.11%)
IMPORT GROWTH (August 2023 - August 2024)€-96k(-3.71%)
MAIN EXPORTER (August 2024)Bavaria€367k

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 2022, Germany exported $47.8M to Nepal. The main products exported from Germany to Nepal were Razor Blades ($6.8M), Medical Instruments ($6M), and X-Ray Equipment ($5.52M). During the last 5 years the exports of Germany to Nepal have decreased at an annualized rate of 24.1%, from $190M in 2017 to $47.8M in 2022.

In 2017, Nepal exported $43M to Germany. The main products exported from Nepal to Germany were Knotted Carpets ($7.64M), Scarves ($7.01M), and Non-Knit Women's Suits ($3.58M). During the last 5 years the exports of Nepal to Germany have increased at an annualized rate of 4.74%, from $34.1M in 2022 to $43M in 2017.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Nepal
Top DestinationIndia$956M

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 2022, countries that imported more from Germany than Nepal included United States ($153B), France ($120B), and China ($109B).

In 2022, no countries were registered that imported more from Nepal than from Germany.

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

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 2022, Germany had a large net trade with Nepal in the exports of Instruments ($16.8M), Machines ($8.32M), and Metals ($7.63M).

During 2017, Nepal had a large net trade with Germany in the exports of Textiles ($29.3M), Machines ($4.02M), and Vegetable Products ($2.38M).

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) (2022)

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