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Pricing

2022
Flag → Flag
Exports $194kRnk 63 / 149
2022
Flag → Flag
Top Product $194kVaccines, blood, antisera, toxins and cultures
2022
Flag → Flag
Exports $2.67kRnk 81 / 105
2022
Flag → Flag
Top Product $1.96kGold
2022
Flag
Economic Complexity (ECI) ECI -2.2Rnk 132 / 133
2022
Flag  
GDP$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH88.1%CURRENT US$
Rnk 21 / 186
2022
Flag
 GDP$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH178%CURRENT US$
Rnk 4 / 186
2022
Flag
GDP PC $1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH68.3%CURRENT US$
Rnk 18 / 186
2022
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GDP PC$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH116%CURRENT US$
Rnk 6 / 186

About

Nepal-Guinea Trade: In 2022, Nepal exported $194k to Guinea. The main products that Nepal exported to Guinea were Vaccines, blood, antisera, toxins and cultures ($194k). Over the past 17 years the exports of Nepal to Guinea have increased at an annualized rate of 37.7%, from $839 in 2005 to $194k in 2022.

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

Guinea-Nepal Trade: In 2022, Guinea exported $2.67k to Nepal. The main products that Guinea exported to Nepal were Gold ($1.96k), Industrial Printers ($393), and Non-Knit Women's Shirts ($312). Over the past 17 years the exports of Guinea to Nepal have decreased at an annualized rate of 18%,  from $8.79k in 2005 to $2.67k in 2022.

In 2022, Guinea 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, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nepal exported $194k to Guinea. The main products exported from Nepal to Guinea were Vaccines, blood, antisera, toxins and cultures ($194k). During the last 17 years the exports of Nepal to Guinea have increased at an annualized rate of 37.7%, from $839 in 2005 to $194k in 2022.

In 2017, Guinea exported $2.67k to Nepal. The main products exported from Guinea to Nepal were Gold ($1.96k), Industrial Printers ($393), and Non-Knit Women's Shirts ($312). During the last 5 years the exports of Guinea to Nepal have decreased at an annualized rate of 18%, from $8.79k in 2022 to $2.67k in 2017.

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

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

Market Competitiveness

Color
Nepal
Top DestinationIndia$956M
Guinea
Top DestinationChina$3.81B

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

In 2022, countries that imported more from Nepal than Guinea included United States ($152M), United Kingdom ($26.2M), and Singapore ($25.5M).

In 2022, countries that imported more from Guinea than Nepal included China ($3.81B), United Arab Emirates ($2.59B), and India ($2.77B).

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

Comparative Advantage Nepal - Guinea

Flow
Scale

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

During 2022, Nepal had a large net trade with Guinea in the exports of Chemical Products ($194k).

During 2017, Guinea had a large net trade with Nepal in the exports of Precious Metals ($1.96k), Machines ($393), and Textiles ($312).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Guinea+$1.72kPalm Oil
Top Product Potential Guinea Nepal+$38.6kGold

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

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

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