2022
Flag  
GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 186
2022
Flag
 GDP
$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH
88.1%CURRENT US$
Rnk 21 / 186
2022
Flag
GDP PC 
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC
$1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH
68.3%CURRENT US$
Rnk 18 / 186

About

Estonia-Nepal Trade: In 2022, Estonia exported $163k to Nepal. The main products that Estonia exported to Nepal were Blank Audio Media ($120k), Flax Woven Fabric ($17.4k), and Yeast ($4.5k). Over the past 5 years the exports of Estonia to Nepal have increased at an annualized rate of 15%, from $80.9k in 2017 to $163k in 2022.

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

Nepal-Estonia Trade: In 2022, Nepal exported $70k to Estonia. The main products that Nepal exported to Estonia were Knotted Carpets ($23.5k), Uncoated Paper ($4.95k), and Kaolin Coated Paper ($4.47k). Over the past 5 years the exports of Nepal to Estonia have decreased at an annualized rate of 6.93%,  from $134k in 2017 to $70k in 2022.

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

Comparison In 2022,  Estonia ranked 74 in total exports ($23.1B). That same year, Nepal ranked 153 in total exports ($1.43B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Estonia exported $163k to Nepal. The main products exported from Estonia to Nepal were Blank Audio Media ($120k), Flax Woven Fabric ($17.4k), and Yeast ($4.5k). During the last 5 years the exports of Estonia to Nepal have increased at an annualized rate of 15%, from $80.9k in 2017 to $163k in 2022.

In 2017, Nepal exported $70k to Estonia. The main products exported from Nepal to Estonia were Knotted Carpets ($23.5k), Uncoated Paper ($4.95k), and Kaolin Coated Paper ($4.47k). During the last 5 years the exports of Nepal to Estonia have decreased at an annualized rate of 6.93%, from $134k in 2022 to $70k in 2017.

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

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

Latest Data

Trade between Estonia (Flag) and Nepal (Flag)

Estonia Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$3B
Nepal
Top Destination
India$956M

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

In 2022, countries that imported more from Estonia than Nepal included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

In 2022, countries that imported more from Nepal than Estonia included India ($956M), Central African Republic ($8.88M), and Bhutan ($3.99M).

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

Comparative Advantage Estonia - Nepal

Flow
Scale

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

During 2022, Estonia had a large net trade with Nepal in the exports of Machines ($123k), Textiles ($17.4k), and Chemical Products ($6.96k).

During 2017, Nepal had a large net trade with Estonia in the exports of Textiles ($37.9k), Paper Goods ($12.3k), and Instruments ($5.57k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Estonia and Nepal. This means that a dot/product with the flag of Estonia indicates it has a comparative advantage over Nepal. Similarly, a dot/product with the flag of Nepal indicates it has a comparative advantage over Estonia.

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

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