Nepal (NPL) and Japan (JPN) Trade | The Observatory of Economic Complexity

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Nepal-Japan Trade: In 2023, Nepal exported $13M to Japan. The main products that Nepal exported to Japan were Scarves ($1.35M), Knit Sweaters ($1.21M), and Pasta ($1.03M). Over the past 5 years the exports of Nepal to Japan have increased at an annualized rate of 1.29%, from $12.2M in 2018 to $13M in 2023.

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

Japan-Nepal Trade: In 2023, Japan exported $30.7M to Nepal. The main products that Japan exported to Nepal were Cars ($3.71M), Medical Instruments ($3.45M), and X-Ray Equipment ($3.18M). Over the past 5 years the exports of Japan to Nepal have decreased at an annualized rate of 16.2%, from $74.2M in 2018 to $30.7M in 2023.

In 2023, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Nepal exported $13M to Japan. The main products exported from Nepal to Japan were Scarves ($1.35M), Knit Sweaters ($1.21M), and Pasta ($1.03M). During the last 5 years the exports of Nepal to Japan have increased at an annualized rate of 1.29%, from $12.2M in 2018 to $13M in 2023.

In 2018, Japan exported $30.7M to Nepal. The main products exported from Japan to Nepal were Cars ($3.71M), Medical Instruments ($3.45M), and X-Ray Equipment ($3.18M). During the last 5 years the exports of Japan to Nepal have decreased at an annualized rate of 16.2%, from $74.2M in 2023 to $30.7M in 2018.

Exports from Nepal () to Japan () (2023)

Exports from Japan () to Nepal () (2023)

Latest Data

Trade between Nepal () and Japan ()

Japan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nepal
Top DestinationIndia$811M

Japan
Top DestinationUnited States$143B

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

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

In 2023, countries that imported more from Japan than Nepal included United States ($143B), China ($138B), and Chinese Taipei ($43B).

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

Comparative Advantage Nepal - Japan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Nepal had a large net trade with Japan in the exports of Textiles ($5.11M), Foodstuffs ($2.12M), and Vegetable Products ($1.89M).

During 2018, Japan had a large net trade with Nepal in the exports of Machines ($10.6M), Instruments ($7.56M), and Transportation ($4.63M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Nepal Japan+$2.44MNon-Knit Women's Suits

Top Product Potential Japan Nepal+$11.6MCars

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

About

Historical Data

Bilateral Trade by Products

Exports from Nepal () to Japan () (2023)

Exports from Japan () to Nepal () (2023)

Latest Data

Trade between Nepal () and Japan ()

Japan Exports

Market Competitiveness

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

Comparative Advantage Nepal - Japan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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