Hong Kong (HKG) and Nepal (NPL) Trade | The Observatory of Economic Complexity

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Hong Kong-Nepal Trade: In 2023, Hong Kong exported $69.2M to Nepal. The main products that Hong Kong exported to Nepal were Broadcasting Equipment ($28.2M), Silver ($22.5M), and Computers ($3.12M). Over the past 5 years the exports of Hong Kong to Nepal have increased at an annualized rate of 8.77%, from $45.4M in 2018 to $69.2M in 2023.

In 2023, Hong Kong did not export any services to Nepal.

Nepal-Hong Kong Trade: In 2023, Nepal exported $4.35M to Hong Kong. The main products that Nepal exported to Hong Kong were Telephones ($1.54M), Perfume Plants ($1.45M), and Bells and Other Metal Ornaments ($335k). Over the past 5 years the exports of Nepal to Hong Kong have increased at an annualized rate of 2.93%, from $3.16M in 2018 to $4.35M in 2023.

In 2023, Nepal did not export any services to Hong Kong.

Comparison In 2023, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Hong Kong exported $69.2M to Nepal. The main products exported from Hong Kong to Nepal were Broadcasting Equipment ($28.2M), Silver ($22.5M), and Computers ($3.12M). During the last 5 years the exports of Hong Kong to Nepal have increased at an annualized rate of 8.77%, from $45.4M in 2018 to $69.2M in 2023.

In 2018, Nepal exported $4.35M to Hong Kong. The main products exported from Nepal to Hong Kong were Telephones ($1.54M), Perfume Plants ($1.45M), and Bells and Other Metal Ornaments ($335k). During the last 5 years the exports of Nepal to Hong Kong have increased at an annualized rate of 2.93%, from $3.16M in 2023 to $4.35M in 2018.

Exports from Hong Kong () to Nepal () (2023)

Exports from Nepal () to Hong Kong () (2023)

Latest Data

Trade between Hong Kong () and Nepal ()

Hong Kong Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Hong Kong
Top DestinationChina$25.3B

Nepal
Top DestinationIndia$811M

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

In 2023, countries that imported more from Hong Kong than Nepal included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

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

Difference in imports from Nepal () and Hong Kong () (2023)

Comparative Advantage Hong Kong - Nepal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Hong Kong had a large net trade with Nepal in the exports of Machines ($39.9M), Precious Metals ($22.5M), and Instruments ($3.55M).

During 2018, Nepal had a large net trade with Hong Kong in the exports of Vegetable Products ($1.65M), Machines ($1.63M), and Metals ($353k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Hong Kong Nepal+$5.4MGold

Top Product Potential Nepal Hong Kong+$1.92MTelephones

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

About

Historical Data

Bilateral Trade by Products

Exports from Hong Kong () to Nepal () (2023)

Exports from Nepal () to Hong Kong () (2023)

Latest Data

Trade between Hong Kong () and Nepal ()

Hong Kong Exports

Market Competitiveness

Difference in imports from Nepal () and Hong Kong () (2023)

Comparative Advantage Hong Kong - Nepal

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Hong Kong () and Nepal () (2023)

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