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 $441k 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 increased at an annualized rate of 29.4%, from $121k in 2017 to $441k in 2022.

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

Nepal-Iran Trade: In 2022, Nepal exported $264k to Iran. The main products that Nepal exported to Iran were N/A. Over the past 5 years the exports of Nepal to Iran have decreased at an annualized rate of 10.5%,  from $460k in 2017 to $264k in 2022.

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 $441k 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 increased at an annualized rate of 29.4%, from $121k in 2017 to $441k in 2022.

In 2014, Nepal exported $264k to Iran. There were not main exports from Nepal to Iran in 2014. During the last 14 years the exports of Nepal to Iran have decreased at an annualized rate of 10.5%, from $460k in 2000 to $264k in 2014.

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).

During 2014, Nepal had a large net trade with Iran in the exports of .

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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