Nepal (NPL) and China (CHN) Trade | The Observatory of Economic Complexity

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Nepal-China Trade: In 2023, Nepal exported $28.2M to China. The main products that Nepal exported to China were Bells and Other Metal Ornaments ($10.1M), Knotted Carpets ($2.64M), and Blankets ($1.74M). Over the past 5 years the exports of Nepal to China have decreased at an annualized rate of 0.088%, from $28.4M in 2018 to $28.2M in 2023.

In 2023, Nepal did not export any services to China.

China-Nepal Trade: In 2023, China exported $1.76B to Nepal. The main products that China exported to Nepal were Broadcasting Equipment ($134M), Apples and Pears ($95M), and Cars ($94.3M). Over the past 5 years the exports of China to Nepal have decreased at an annualized rate of 1.3%, from $1.88B in 2018 to $1.76B in 2023.

In 2023, China 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, China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Nepal exported $28.2M to China. The main products exported from Nepal to China were Bells and Other Metal Ornaments ($10.1M), Knotted Carpets ($2.64M), and Blankets ($1.74M). During the last 5 years the exports of Nepal to China have decreased at an annualized rate of 0.088%, from $28.4M in 2018 to $28.2M in 2023.

In 2018, China exported $1.76B to Nepal. The main products exported from China to Nepal were Broadcasting Equipment ($134M), Apples and Pears ($95M), and Cars ($94.3M). During the last 5 years the exports of China to Nepal have decreased at an annualized rate of 1.3%, from $1.88B in 2023 to $1.76B in 2018.

Exports from Nepal () to China () (2023)

Exports from China () to Nepal () (2023)

Latest Data

Trade between Nepal () and China ()

China Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nepal
Top DestinationIndia$811M

China
Top DestinationUnited States$436B

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

In 2023, no countries were registered that imported more from Nepal than from China.

In 2023, countries that imported more from China than Nepal included United States ($436B), Hong Kong ($259B), and Japan ($169B).

Difference in imports from China () and Nepal () (2023)

Comparative Advantage Nepal - China

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Nepal had a large net trade with China in the exports of Metals ($11.1M), Textiles ($11M), and Wood Products ($1.14M).

During 2018, China had a large net trade with Nepal in the exports of Textiles ($509M), Machines ($482M), and Transportation ($129M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Nepal China+$1.59MKnotted Carpets

Top Product Potential China Nepal+$141MTelephones

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

Year

This visualization shows the product space at the HS4 level with the flags of Nepal and China. This means that a dot/product with the flag of Nepal indicates it has a comparative advantage over China. Similarly, a dot/product with the flag of China indicates it has a comparative advantage over Nepal.

About

Historical Data

Bilateral Trade by Products

Exports from Nepal () to China () (2023)

Exports from China () to Nepal () (2023)

Latest Data

Trade between Nepal () and China ()

China Exports

Market Competitiveness

Difference in imports from China () and Nepal () (2023)

Comparative Advantage Nepal - China

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Nepal () and China () (2023)

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