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2023
Flag → Flag
Exports $1.01MRnk 171 / 211
2023
Flag → Flag
Top Product $474kSpecial Pharmaceuticals
2023
Flag → Flag
Exports $1.26MRnk 31 / 111
2023
Flag → Flag
Top Product $224kKnit Sweaters
2023
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Economic Complexity (ECI) ECI 1.31Rnk 17 / 132
2023
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GDP$551BCURRENT US$
Rnk 25 / 195
2013-2023
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GDP GROWTH127%CURRENT US$
Rnk 7 / 195
2023
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 GDP$40.9BCURRENT US$
Rnk 102 / 195
2013-2023
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GDP GROWTH84.6%CURRENT US$
Rnk 26 / 195
2023
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GDP PC $103,888CURRENT US$
Rnk 4 / 195
2013-2023
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GDP PC GROWTH97.4%CURRENT US$
Rnk 9 / 195
2023
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GDP PC$1,378CURRENT US$
Rnk 169 / 196
2013-2023
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GDP PC GROWTH71.5%CURRENT US$
Rnk 24 / 195

About

Ireland-Nepal Trade: In 2023, Ireland exported $1.01M to Nepal. The main products that Ireland exported to Nepal were Special Pharmaceuticals ($474k), Scrap Iron ($187k), and Chemical Analysis Instruments ($130k). Over the past 5 years the exports of Ireland to Nepal have decreased at an annualized rate of 26.3%, from $4.66M in 2018 to $1.01M in 2023.

In 2023, Ireland did not export any services to Nepal.

Nepal-Ireland Trade: In 2023, Nepal exported $1.26M to Ireland. The main products that Nepal exported to Ireland were Knit Sweaters ($224k), Knitted Hats ($142k), and Vaccines, blood, antisera, toxins and cultures ($84.1k). Over the past 5 years the exports of Nepal to Ireland have increased at an annualized rate of 15%,  from $627k in 2018 to $1.26M in 2023.

In 2023, Nepal did not export any services to Ireland.

Comparison In 2023,  Ireland ranked 17 in the Economic Complexity Index (ECI 1.31),  and 29 in total exports ($241B). That same year, Nepal ranked 156 in total exports ($1.21B), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

About

Overview In N/A, Ireland exported €N/A and imported €N/A from Nepal, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Ireland have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Ireland to Nepal were . In N/A the top imports of Ireland from Nepal were .

Growth In N/A, the N/A in Ireland's year-by-year exports to Nepal was explained primarily by an decrease in product exports in . In N/A, the N/A in Ireland's year-by-year imports  from Nepal was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value

This section shows exports and imports data at subnational level for Ireland. Click any date in the line plot or any product to explore the exports or imports behavior of Ireland over time.

To check Nepal and Ireland trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Nepal and Ireland Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ireland exported $1.01M to Nepal. The main products exported from Ireland to Nepal were Special Pharmaceuticals ($474k), Scrap Iron ($187k), and Chemical Analysis Instruments ($130k). During the last 5 years the exports of Ireland to Nepal have decreased at an annualized rate of 26.3%, from $4.66M in 2018 to $1.01M in 2023.

In 2018, Nepal exported $1.26M to Ireland. The main products exported from Nepal to Ireland were Knit Sweaters ($224k), Knitted Hats ($142k), and Vaccines, blood, antisera, toxins and cultures ($84.1k). During the last 5 years the exports of Nepal to Ireland have increased at an annualized rate of 15%, from $627k in 2023 to $1.26M in 2018.

Exports from Ireland (Flag) to Nepal (Flag) (2023)

Exports from Nepal (Flag) to Ireland (Flag) (2023)

Market Competitiveness

Color
Ireland
Top DestinationUnited States$67.4B
Nepal
Top DestinationIndia$811M

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

In 2023, countries that imported more from Ireland than Nepal included United States ($67.4B), Germany ($26.7B), and United Kingdom ($20.5B).

In 2023, countries that imported more from Nepal than Ireland included India ($811M).

Difference in imports from Nepal (Flag) and Ireland (Flag) (2023)

Comparative Advantage Ireland - Nepal

Flow
Scale

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

During 2023, Ireland had a large net trade with Nepal in the exports of Chemical Products ($539k), Instruments ($226k), and Metals ($187k).

During 2018, Nepal had a large net trade with Ireland in the exports of Textiles ($857k), Footwear and Headwear ($160k), and Chemical Products ($88.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Nepal+$2.66MPackaged Medicaments
Top Product Potential Nepal Ireland+$431kKnit Sweaters

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

Product Space of Ireland (Flag) and Nepal (Flag) (2023)

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