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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 GDP
$1.41TCURRENT US$
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2012-2022
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GDP GROWTH
17.7%CURRENT US$
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GDP PC 
$1,337CURRENT US$
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GDP PC GROWTH
68.3%CURRENT US$
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GDP PC
$11,091CURRENT US$
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GDP PC GROWTH
6.89%CURRENT US$
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About

Nepal-Mexico In 2022, Nepal exported $444k to Mexico. The main products that Nepal exported to Mexico are Tanned Goat Hides ($82.6k), Non-Knit Women's Suits ($77.8k), and Tanned Equine and Bovine Hides ($76.5k). During the last 27 years the exports of Nepal to Mexico have increased at an annualized rate of 1.05%, from $335k in 1995 to $444k in 2022.

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

Mexico-Nepal In 2022, Mexico exported $3.85M to Nepal. The main products that Mexico exported to Nepal were Medical Instruments ($728k), Other Coloring Matter ($703k), and Computers ($399k). During the last 27 years the exports of Mexico to Nepal have increased at an annualized rate of 21.7%, from $19k in 1995 to $3.85M in 2022.

In 2022, Mexico 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, Mexico ranked 21 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nepal exported $444k to Mexico. The main products exported from Nepal to Mexico were Tanned Goat Hides ($82.6k), Non-Knit Women's Suits ($77.8k), and Tanned Equine and Bovine Hides ($76.5k). During the last 27 years the exports of Nepal to Mexico have increased at an annualized rate of 1.05%, from $335k in 1995 to $444k in 2022.

In 2022, Mexico exported $3.85M to Nepal. The main products exported from Mexico to Nepal were Medical Instruments ($728k), Other Coloring Matter ($703k), and Computers ($399k). During the last 27 years the exports of Mexico to Nepal have increased at an annualized rate of 21.7%, from $19k in 1995 to $3.85M in 2022.

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

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

Latest Data

Trade between Nepal (Flag) and Mexico (Flag)

Mexico Exports

Market Competitiveness

Color
Nepal
Top Destination
India$956M
Mexico
Top Destination
United States$421B

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

In 2021, countries that imported more from Nepal than Mexico were Central African Republic ($8.88M), Bhutan ($3.99M), and Bangladesh ($4.12M).

In 2021, countries that imported more from Mexico than Nepal were United States ($421B), Canada ($22.2B), and China ($12.7B).

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

Comparative Advantage Nepal - Mexico

Flow
Scale

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

During 2022, Nepal had a large net trade with Mexico in the exports of Textiles ($196k), Animal Hides ($159k), and Instruments ($72.9k).

During 2022, Mexico had a large net trade with Nepal in the exports of Machines ($1.74M), Instruments ($941k), and Chemical Products ($904k).

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

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

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