2023
Flag  
GDP
$40.9BCURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP GROWTH
84.6%CURRENT US$
Rnk 26 / 195
2023
Flag
 GDP
$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
GDP PC 
$1,378CURRENT US$
Rnk 169 / 195
2013-2023
Flag
GDP PC GROWTH
71.5%CURRENT US$
Rnk 24 / 195
2023
Flag
GDP PC
$64,572CURRENT US$
Rnk 17 / 196
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 96 / 195

About

Nepal-Netherlands Trade: In 2023, Nepal exported $7.81M to Netherlands. The main products that Nepal exported to Netherlands were Felt ($1.63M), Medical Instruments ($1.11M), and Imitation Jewellery ($1.04M). Over the past 5 years the exports of Nepal to Netherlands have increased at an annualized rate of 10.4%, from $4.76M in 2018 to $7.81M in 2023.

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

Netherlands-Nepal Trade: In 2023, Netherlands exported $26.6M to Nepal. The main products that Netherlands exported to Nepal were Medical Instruments ($8.13M), Scrap Iron ($2.99M), and Packaged Medicaments ($2.42M). Over the past 5 years the exports of Netherlands to Nepal have decreased at an annualized rate of 1.51%,  from $28.7M in 2018 to $26.6M in 2023.

In 2023, Netherlands 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, Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Nepal exported $7.81M to Netherlands. The main products exported from Nepal to Netherlands were Felt ($1.63M), Medical Instruments ($1.11M), and Imitation Jewellery ($1.04M). During the last 5 years the exports of Nepal to Netherlands have increased at an annualized rate of 10.4%, from $4.76M in 2018 to $7.81M in 2023.

In 2018, Netherlands exported $26.6M to Nepal. The main products exported from Netherlands to Nepal were Medical Instruments ($8.13M), Scrap Iron ($2.99M), and Packaged Medicaments ($2.42M). During the last 5 years the exports of Netherlands to Nepal have decreased at an annualized rate of 1.51%, from $28.7M in 2023 to $26.6M in 2018.

Exports from Nepal (Flag) to Netherlands (Flag) (2023)

Exports from Netherlands (Flag) to Nepal (Flag) (2023)

Latest Data

Trade between Nepal (Flag) and Netherlands (Flag)

Netherlands Exports

Market Competitiveness

Color
Nepal
Top Destination
India$811M
Netherlands
Top Destination
Germany$96.9B

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

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

In 2023, countries that imported more from Netherlands than Nepal included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

Difference in imports from Netherlands (Flag) and Nepal (Flag) (2023)

Comparative Advantage Nepal - Netherlands

Flow
Scale

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

During 2023, Nepal had a large net trade with Netherlands in the exports of Textiles ($3.75M), Instruments ($1.22M), and Precious Metals ($1.08M).

During 2018, Netherlands had a large net trade with Nepal in the exports of Instruments ($9.67M), Chemical Products ($4.09M), and Machines ($3.47M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Netherlands+$1.29MNon-Knit Women's Suits
Top Product Potential Netherlands Nepal+$6.22MVaccines, blood, antisera, toxins and cultures

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

Product Space of Nepal (Flag) and Netherlands (Flag) (2023)

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