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Pricing

2022
Flag → Flag
Exports $29.4MRnk 156 / 221
2022
Flag → Flag
Top Product $6.72MSoybean Oil
2022
Flag → Flag
Exports $11.3MRnk 11 / 149
2022
Flag → Flag
Top Product $4.28MKnotted Carpets
2022
Flag
Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
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GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
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 GDP$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH88.1%CURRENT US$
Rnk 21 / 186
2022
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GDP PC $34,158CURRENT US$
Rnk 30 / 186
2012-2022
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GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186
2022
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GDP PC$1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH68.3%CURRENT US$
Rnk 18 / 186

About

Italy-Nepal Trade: In 2022, Italy exported $29.4M to Nepal. The main products that Italy exported to Nepal were Soybean Oil ($6.72M), Eyewear ($1.84M), and Other Heating Machinery ($1.41M). Over the past 5 years the exports of Italy to Nepal have increased at an annualized rate of 10.7%, from $17.7M in 2017 to $29.4M in 2022.

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

Nepal-Italy Trade: In 2022, Nepal exported $11.3M to Italy. The main products that Nepal exported to Italy were Knotted Carpets ($4.28M), Knit Sweaters ($1.86M), and Knit Women's Suits ($745k). Over the past 5 years the exports of Nepal to Italy have decreased at an annualized rate of 2.45%,  from $12.8M in 2017 to $11.3M in 2022.

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

Comparison In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29),  and 7 in total exports ($634B). That same year, Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

About

Overview In N/A, Italy 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 Italy 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 Italy to Nepal were . In N/A the top imports of Italy from Nepal were .

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

Latest Trade

Time Scale
Flow
Value
Depth

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

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

For full datasets download visit Bulk Download page.

Explore Nepal and Italy Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $29.4M to Nepal. The main products exported from Italy to Nepal were Soybean Oil ($6.72M), Eyewear ($1.84M), and Other Heating Machinery ($1.41M). During the last 5 years the exports of Italy to Nepal have increased at an annualized rate of 10.7%, from $17.7M in 2017 to $29.4M in 2022.

In 2017, Nepal exported $11.3M to Italy. The main products exported from Nepal to Italy were Knotted Carpets ($4.28M), Knit Sweaters ($1.86M), and Knit Women's Suits ($745k). During the last 5 years the exports of Nepal to Italy have decreased at an annualized rate of 2.45%, from $12.8M in 2022 to $11.3M in 2017.

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

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

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
Nepal
Top DestinationIndia$956M

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

In 2022, countries that imported more from Italy than Nepal included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2022, countries that imported more from Nepal than Italy included Bhutan ($3.99M).

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

Comparative Advantage Italy - Nepal

Flow
Scale

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

During 2022, Italy had a large net trade with Nepal in the exports of Machines ($7.59M), Animal and Vegetable Bi-Products ($6.87M), and Instruments ($4.25M).

During 2017, Nepal had a large net trade with Italy in the exports of Textiles ($9.16M), Animal Hides ($551k), and Foodstuffs ($445k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Nepal+$3.26MPackaged Medicaments
Top Product Potential Nepal Italy+$2.29MKnit 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 Italy and Nepal. This means that a dot/product with the flag of Italy indicates it has a comparative advantage over Nepal. Similarly, a dot/product with the flag of Nepal indicates it has a comparative advantage over Italy.

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

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