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
$460BCURRENT US$
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2012-2022
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GDP GROWTH
245%CURRENT US$
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2022
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GDP PC 
$1,337CURRENT US$
Rnk 160 / 186
2012-2022
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GDP PC GROWTH
68.3%CURRENT US$
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2022
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GDP PC
$2,688CURRENT US$
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2012-2022
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GDP PC GROWTH
207%CURRENT US$
Rnk 2 / 186

About

Nepal-Bangladesh In 2022, Nepal exported $4.12M to Bangladesh. The main products that Nepal exported to Bangladesh are Dried Legumes ($3.36M), Fake Hair ($220k), and Perfume Plants ($132k). During the last 27 years the exports of Nepal to Bangladesh have increased at an annualized rate of 7.27%, from $620k in 1995 to $4.12M in 2022.

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

Bangladesh-Nepal In 2022, Bangladesh exported $55.1M to Nepal. The main products that Bangladesh exported to Nepal were Soybean Meal ($22.9M), Jute and Other Textile Fibers ($5.82M), and Packaged Medicaments ($3.8M). During the last 27 years the exports of Bangladesh to Nepal have increased at an annualized rate of 15.5%, from $1.12M in 1995 to $55.1M in 2022.

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

Comparison In 2022,  Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index. That same year, Bangladesh ranked 100 in the Economic Complexity Index (ECI -0.9), and 52 in total exports ($64.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nepal exported $4.12M to Bangladesh. The main products exported from Nepal to Bangladesh were Dried Legumes ($3.36M), Fake Hair ($220k), and Perfume Plants ($132k). During the last 27 years the exports of Nepal to Bangladesh have increased at an annualized rate of 7.27%, from $620k in 1995 to $4.12M in 2022.

In 2022, Bangladesh exported $55.1M to Nepal. The main products exported from Bangladesh to Nepal were Soybean Meal ($22.9M), Jute and Other Textile Fibers ($5.82M), and Packaged Medicaments ($3.8M). During the last 27 years the exports of Bangladesh to Nepal have increased at an annualized rate of 15.5%, from $1.12M in 1995 to $55.1M in 2022.

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

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

Market Competitiveness

Color
Nepal
Top Destination
India$956M
Bangladesh
Top Destination
United States$11.7B

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

In 2021, countries that imported more from Nepal than Bangladesh were Central African Republic ($8.88M), Bhutan ($3.99M), and Russia ($1.31M).

In 2021, countries that imported more from Bangladesh than Nepal were United States ($11.7B), Germany ($10.2B), and United Kingdom ($4.86B).

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

Comparative Advantage Nepal - Bangladesh

Flow
Scale

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

During 2022, Nepal had a large net trade with Bangladesh in the exports of Vegetable Products ($3.52M), Foodstuffs ($277k), and Footwear and Headwear ($220k).

During 2022, Bangladesh had a large net trade with Nepal in the exports of Foodstuffs ($26.2M), Textiles ($10.6M), and Chemical Products ($6.79M).

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

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

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