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
$4.07TCURRENT US$
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2012-2022
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GDP GROWTH
15.5%CURRENT US$
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2022
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GDP PC 
$1,337CURRENT US$
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2012-2022
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GDP PC GROWTH
68.3%CURRENT US$
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2022
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GDP PC
$48,432CURRENT US$
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2012-2022
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GDP PC GROWTH
10.4%CURRENT US$
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About

Nepal-Germany In 2022, Nepal exported $43M to Germany. The main products that Nepal exported to Germany are Knotted Carpets ($7.64M), Scarves ($7.01M), and Non-Knit Women's Suits ($3.58M). During the last 27 years the exports of Nepal to Germany have decreased at an annualized rate of 4.47%, from $148M in 1995 to $43M in 2022.

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

Germany-Nepal In 2022, Germany exported $47.8M to Nepal. The main products that Germany exported to Nepal were Razor Blades ($6.8M), Medical Instruments ($6M), and X-Ray Equipment ($5.52M). During the last 27 years the exports of Germany to Nepal have increased at an annualized rate of 2.46%, from $24.8M in 1995 to $47.8M in 2022.

In 2022, Germany 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, Germany ranked 3 in the Economic Complexity Index (ECI 1.75), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nepal exported $43M to Germany. The main products exported from Nepal to Germany were Knotted Carpets ($7.64M), Scarves ($7.01M), and Non-Knit Women's Suits ($3.58M). During the last 27 years the exports of Nepal to Germany have decreased at an annualized rate of 4.47%, from $148M in 1995 to $43M in 2022.

In 2022, Germany exported $47.8M to Nepal. The main products exported from Germany to Nepal were Razor Blades ($6.8M), Medical Instruments ($6M), and X-Ray Equipment ($5.52M). During the last 27 years the exports of Germany to Nepal have increased at an annualized rate of 2.46%, from $24.8M in 1995 to $47.8M in 2022.

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

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

Latest Data

Trade between Nepal (Flag) and Germany (Flag)

Germany Exports

Market Competitiveness

Color
Nepal
Top Destination
India$956M
Germany
Top Destination
United States$153B

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

In 2019, no countries were registered that imported more from Nepal than from Germany.

In 2021, countries that imported more from Germany than Nepal were United States ($153B), France ($120B), and China ($109B).

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

Comparative Advantage Nepal - Germany

Flow
Scale

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

During 2022, Nepal had a large net trade with Germany in the exports of Textiles ($29.3M), Machines ($4.02M), and Vegetable Products ($2.38M).

During 2022, Germany had a large net trade with Nepal in the exports of Instruments ($16.8M), Machines ($8.32M), and Metals ($7.63M).

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

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

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