Greece (GRC) and Nepal (NPL) Trade | The Observatory of Economic Complexity

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Greece-Nepal Trade: In 2022, Greece exported $774k to Nepal. The main products that Greece exported to Nepal were Packaged Medicaments ($456k), Insect Resins ($65.8k), and Video Displays ($56.1k). Over the past 5 years the exports of Greece to Nepal have increased at an annualized rate of 20.3%, from $308k in 2017 to $774k in 2022.

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

Nepal-Greece Trade: In 2022, Nepal exported $394k to Greece. The main products that Nepal exported to Greece were Non-Knit Women's Suits ($151k), Blankets ($31.8k), and Scarves ($27.8k). Over the past 5 years the exports of Nepal to Greece have increased at an annualized rate of 2.89%, from $341k in 2017 to $394k in 2022.

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

Comparison In 2022, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B). That same year, Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Greece exported $774k to Nepal. The main products exported from Greece to Nepal were Packaged Medicaments ($456k), Insect Resins ($65.8k), and Video Displays ($56.1k). During the last 5 years the exports of Greece to Nepal have increased at an annualized rate of 20.3%, from $308k in 2017 to $774k in 2022.

In 2017, Nepal exported $394k to Greece. The main products exported from Nepal to Greece were Non-Knit Women's Suits ($151k), Blankets ($31.8k), and Scarves ($27.8k). During the last 5 years the exports of Nepal to Greece have increased at an annualized rate of 2.89%, from $341k in 2022 to $394k in 2017.

Exports from Greece () to Nepal () (2022)

Exports from Nepal () to Greece () (2022)

Latest Data

Trade between Greece () and Nepal ()

Greece Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greece
Top DestinationItaly$5.82B

Nepal
Top DestinationIndia$956M

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

In 2022, countries that imported more from Greece than Nepal included Italy ($5.82B), Bulgaria ($3.62B), and Germany ($3.45B).

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

Difference in imports from Nepal () and Greece () (2022)

Comparative Advantage Greece - Nepal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Greece had a large net trade with Nepal in the exports of Chemical Products ($496k), Vegetable Products ($99.8k), and Machines ($82.3k).

During 2017, Nepal had a large net trade with Greece in the exports of Textiles ($334k), Foodstuffs ($18.8k), and Animal Hides ($16.5k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Greece Nepal+$961kPackaged Medicaments

Top Product Potential Nepal Greece+$211kNon-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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Greece () to Nepal () (2022)

Exports from Nepal () to Greece () (2022)

Latest Data

Trade between Greece () and Nepal ()

Greece Exports

Market Competitiveness

Difference in imports from Nepal () and Greece () (2022)

Comparative Advantage Greece - Nepal

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Greece () and Nepal () (2022)

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