2023
Flag  
GDP
$40.9BCURRENT US$
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2013-2023
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GDP GROWTH
84.6%CURRENT US$
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2023
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 GDP
$514BCURRENT US$
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2013-2023
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GDP GROWTH
28.5%CURRENT US$
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2023
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GDP PC 
$1,378CURRENT US$
Rnk 169 / 195
2013-2023
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GDP PC GROWTH
71.5%CURRENT US$
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2023
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GDP PC
$49,041CURRENT US$
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2013-2023
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GDP PC GROWTH
-5.73%CURRENT US$
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About

Nepal-United Arab Emirates Trade: In 2023, Nepal exported $4.56M to United Arab Emirates. The main products that Nepal exported to United Arab Emirates were Knotted Carpets ($1.87M), Pesticides ($290k), and Blankets ($270k). Over the past 5 years the exports of Nepal to United Arab Emirates have increased at an annualized rate of 12.7%, from $2.51M in 2018 to $4.56M in 2023.

In 2023, Nepal did not export any services to United Arab Emirates.

United Arab Emirates-Nepal Trade: In 2023, United Arab Emirates exported $266M to Nepal. The main products that United Arab Emirates exported to Nepal were Gold ($172M), Computers ($28.8M), and Copper Wire ($10.1M). Over the past 5 years the exports of United Arab Emirates to Nepal have decreased at an annualized rate of 14.6%,  from $584M in 2018 to $266M in 2023.

In 2023, United Arab Emirates did not export any services to Nepal.

Comparison In 2023,  Nepal ranked 156 in total exports ($1.21B), and does not have data regarding Economic Complexity Index. That same year, United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Nepal exported $4.56M to United Arab Emirates. The main products exported from Nepal to United Arab Emirates were Knotted Carpets ($1.87M), Pesticides ($290k), and Blankets ($270k). During the last 5 years the exports of Nepal to United Arab Emirates have increased at an annualized rate of 12.7%, from $2.51M in 2018 to $4.56M in 2023.

In 2018, United Arab Emirates exported $266M to Nepal. The main products exported from United Arab Emirates to Nepal were Gold ($172M), Computers ($28.8M), and Copper Wire ($10.1M). During the last 5 years the exports of United Arab Emirates to Nepal have decreased at an annualized rate of 14.6%, from $584M in 2023 to $266M in 2018.

Exports from Nepal (Flag) to United Arab Emirates (Flag) (2023)

Exports from United Arab Emirates (Flag) to Nepal (Flag) (2023)

Latest Data

Trade between Nepal (Flag) and United Arab Emirates (Flag)

United Arab Emirates Exports

Market Competitiveness

Color
Nepal
Top Destination
India$811M
United Arab Emirates
Top Destination
China$40.2B

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

In 2023, no countries were registered that imported more from Nepal than from United Arab Emirates.

In 2023, countries that imported more from United Arab Emirates than Nepal included China ($40.2B), Japan ($37.4B), and India ($38.2B).

Difference in imports from United Arab Emirates (Flag) and Nepal (Flag) (2023)

Comparative Advantage Nepal - United Arab Emirates

Flow
Scale

This chart compares trade between Nepal and United Arab Emirates by product, considering products traded by both, Nepal and United Arab Emirates.

During 2023, Nepal had a large net trade with United Arab Emirates in the exports of Textiles ($2.85M), Foodstuffs ($438k), and Chemical Products ($379k).

During 2018, United Arab Emirates had a large net trade with Nepal in the exports of Precious Metals ($178M), Machines ($37.4M), and Metals ($10.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal United Arab Emirates+$732kTelephones
Top Product Potential United Arab Emirates Nepal+$16.6MRefined Petroleum

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

Product Space of Nepal (Flag) and United Arab Emirates (Flag) (2023)

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