2022
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GDP
$389BCURRENT US$
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2012-2022
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GDP GROWTH
-39.7%CURRENT US$
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2022
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 GDP
$40.8BCURRENT US$
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2012-2022
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GDP GROWTH
88.1%CURRENT US$
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2022
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GDP PC 
$4,388CURRENT US$
Rnk 116 / 186
2012-2022
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GDP PC GROWTH
-47.3%CURRENT US$
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2022
Flag
GDP PC
$1,337CURRENT US$
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2012-2022
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GDP PC GROWTH
68.3%CURRENT US$
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About

Iran-Nepal In 2022, Iran exported $59.8k to Nepal. The main products that Iran exported to Nepal are Beauty Products ($18.9k), Other Fruits ($15.7k), and Orthopedic Appliances ($9.18k). During the last 25 years the exports of Iran to Nepal have decreased at an annualized rate of 2.79%, from $121k in 1997 to $59.8k in 2022.

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

Nepal-Iran In 2022, Nepal exported $28.8k to Iran. The main products that Nepal exported to Iran were N/A. During the last 25 years the exports of Nepal to Iran have decreased at an annualized rate of 10.5%, from $460k in 1997 to $28.8k in 2022.

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

Comparison In 2022,  Iran ranked 58 in the Economic Complexity Index (ECI 0.071),  and 86 in total exports ($15.9B). 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
Value

In 2022, Iran exported $59.8k to Nepal. The main products exported from Iran to Nepal were Beauty Products ($18.9k), Other Fruits ($15.7k), and Orthopedic Appliances ($9.18k). During the last 25 years the exports of Iran to Nepal have decreased at an annualized rate of 2.79%, from $121k in 1997 to $59.8k in 2022.

In 2020, Nepal exported $28.8k to Iran. There were not main exports from Nepal to Iran in 2020. During the last 20 years the exports of Nepal to Iran have decreased at an annualized rate of 10.5%, from $460k in 2000 to $28.8k in 2020.

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

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

Market Competitiveness

Color
Iran
Top Destination
China$5.72B
Nepal
Top Destination
India$956M

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

In 2021, countries that imported more from Iran than Nepal were China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

In 2021, countries that imported more from Nepal than Iran were India ($956M), United States ($152M), and Singapore ($25.5M).

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

Comparative Advantage Iran - Nepal

Flow
Scale

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

During 2022, Iran had a large net trade with Nepal in the exports of Chemical Products ($24.3k), Vegetable Products ($15.7k), and Instruments ($9.55k).

During 2020, Nepal had a large net trade with Iran in the exports of .

Economic Complexity

Competitive Landscape

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 Iran has comparative advantage over Nepal. Similarly, the more yellow a dot/product is, the more Nepal has comparative advantage over Iran.

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

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