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Pricing

2020
Flag → Flag
Exports $28.8kRnk 48 / 0
2020
Flag → Flag
Exports $59.8kRnk 110 / 127
2020
Flag → Flag
Top Product $18.9kBeauty Products
2022
Flag
Economic Complexity (ECI) ECI 0.072Rnk 60 / 133
2022
Flag  
GDP$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH88.1%CURRENT US$
Rnk 21 / 186
2022
Flag
 GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC $1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH68.3%CURRENT US$
Rnk 18 / 186
2022
Flag
GDP PC$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 186

About

Nepal-Iran Trade: In 2020, Nepal exported $28.8k to Iran. The main products that Nepal exported to Iran were N/A. Over the past 6 years the exports of Nepal to Iran have decreased at an annualized rate of 30.9%, from $264k in 2014 to $28.8k in 2020.

In 2020, Nepal did not export any services to Iran.

Iran-Nepal Trade: In 2020, Iran exported $59.8k to Nepal. The main products that Iran exported to Nepal were Beauty Products ($18.9k), Other Fruits ($15.7k), and Orthopedic Appliances ($9.18k). Over the past 6 years the exports of Iran to Nepal have decreased at an annualized rate of 32.9%,  from $441k in 2014 to $59.8k in 2020.

In 2020, Iran 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, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Nepal exported $28.8k to Iran. There were not main exports from Nepal to Iran in 2020. During the last 6 years the exports of Nepal to Iran have decreased at an annualized rate of 30.9%, from $264k in 2014 to $28.8k in 2020.

In 2017, Iran exported $59.8k to Nepal. The main products exported from Iran to Nepal were Beauty Products ($18.9k), Other Fruits ($15.7k), and Orthopedic Appliances ($9.18k). During the last 5 years the exports of Iran to Nepal have decreased at an annualized rate of 32.9%, from $441k in 2022 to $59.8k in 2017.

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

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

Market Competitiveness

Color
Nepal
Top DestinationIndia$956M
Iran
Top DestinationChina$5.72B

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

In 2022, countries that imported more from Nepal than Iran included India ($956M), United States ($152M), and Singapore ($25.5M).

In 2022, countries that imported more from Iran than Nepal included China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

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

Comparative Advantage Nepal - Iran

Flow
Scale

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

During 2020, Nepal had a large net trade with Iran in the exports of .

During 2017, Iran had a large net trade with Nepal in the exports of Chemical Products ($24.3k), Vegetable Products ($15.7k), and Instruments ($9.55k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Iran+$3.96kPalm Oil
Top Product Potential Iran Nepal+$28.4kOther Fruits

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

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

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