India (IND) and Nepal (NPL) Trade | OEC - The Observatory of Economic Complexity

About

India-Nepal In 2021, India exported $9.4B to Nepal. The main products that India exported to Nepal are Refined Petroleum ($1.48B), Semi-Finished Iron ($591M), and Rice ($428M). During the last 26 years the exports of India to Nepal have increased at an annualized rate of 17%, from $159M in 1995 to $9.4B in 2021.

In 2021, India did not export any services to Nepal.

Nepal-India In 2021, Nepal exported $1.34B to India. The main products that Nepal exported to India were Soybean Oil ($591M), Palm Oil ($252M), and Non-Retail Synthetic Staple Fibers Yarn ($53.1M). During the last 26 years the exports of Nepal to India have increased at an annualized rate of 13.9%, from $45.3M in 1995 to $1.34B in 2021.

In 2021, Nepal did not export any services to India.

Comparison In 2021, India ranked 41 in the Economic Complexity Index (ECI 0.61), and 14 in total exports ($403B). That same year, Nepal ranked 150 in total exports ($1.74B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

Value

Year

In 2021, India exported $9.4B to Nepal. The main products exported from India to Nepal were Refined Petroleum ($1.48B), Semi-Finished Iron ($591M), and Rice ($428M). During the last 26 years the exports of India to Nepal have increased at an annualized rate of 17%, from $159M in 1995 to $9.4B in 2021.

In 2021, Nepal exported $1.34B to India. The main products exported from Nepal to India were Soybean Oil ($591M), Palm Oil ($252M), and Non-Retail Synthetic Staple Fibers Yarn ($53.1M). During the last 26 years the exports of Nepal to India have increased at an annualized rate of 13.9%, from $45.3M in 1995 to $1.34B in 2021.

Latest Data

India Exports

Date

Market Competitiveness

Color

SectionYear

India
Top Destination: United States, $71.2B

Nepal
Top Destination: India, $1.34B

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

In 2021, countries that imported more from India than Nepal were United States ($71.2B), United Arab Emirates ($25.4B), and China ($23.1B).

In 2021, countries that imported more from Nepal than India were Saint Helena ($2.06k).

Comparative Advantage India - Nepal

Flow

Scale

Year

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

During 2021, India had a large net trade with Nepal in the exports of Mineral Products ($2.25B), Metals ($1.74B), and Machines ($1.03B).

During 2021, Nepal had a large net trade with India in the exports of Animal and Vegetable Bi-Products ($883M), Foodstuffs ($138M), and Textiles ($123M).

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more India has comparative advantage over Nepal. Similarly, the more yellow a dot/product is, the more Nepal has comparative advantage over India.

About

Historical Data

Bilateral Trade by Products

Latest Data

India Exports

Market Competitiveness

Comparative Advantage India - Nepal

Economic Complexity

Competitive Landscape

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