2022
Flag  
GDP
$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH
-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
 GDP
$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH
88.1%CURRENT US$
Rnk 21 / 186
2022
Flag
GDP PC 
$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH
-47.3%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC
$1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH
68.3%CURRENT US$
Rnk 18 / 186

About

Iran-Nepal Trade: In 2022, Iran exported $59.8k to Nepal. The main products that Iran exported to Nepal were Beauty Products ($18.9k), Other Fruits ($15.7k), and Orthopedic Appliances ($9.18k). Over the past 5 years the exports of Iran to Nepal have decreased at an annualized rate of 32.9%, from $441k in 2017 to $59.8k in 2022.

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

Nepal-Iran In N/A, Nepal did not export any products to Iran.

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

Comparison In 2022,  Iran ranked 60 in the Economic Complexity Index (ECI 0.072),  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 5 years the exports of Iran to Nepal have decreased at an annualized rate of 32.9%, from $441k in 2017 to $59.8k in 2022.

Nepal does not register exports to Iran.

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 2022, countries that imported more from Iran than Nepal included China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

In 2022, countries that imported more from Nepal than Iran included 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).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iran Nepal+$28.4kOther Fruits
Top Product Potential Nepal Iran+$3.96kPalm Oil

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

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

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