Nepal (NPL) and North Korea (PRK) Trade | The Observatory of Economic Complexity

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Nepal (NPL) and North Korea (PRK) Trade

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Exports $528kRnk 39 / 0

2023

GDP$40.9BCURRENT US$
Rnk 102 / 195

2013-2023

GDP GROWTH84.6%CURRENT US$
Rnk 26 / 195

2023

GDP PC $1,378CURRENT US$
Rnk 169 / 195

2013-2023

GDP PC GROWTH71.5%CURRENT US$
Rnk 24 / 195

Image 1

Image by Jana Reifegerste
Link: https://flic.kr/p/neTpDu

Image 2

Image by Roman Harak
Link: https://flic.kr/p/8Dbtxa

Historical Data
Economic Complexity

About

In N/A, Nepal did not export any services to North Korea.

North Korea-Nepal Trade: In N/A, North Korea exported $528k to Nepal. The main products that North Korea exported to Nepal were N/A. Over the past N/A years the exports of North Korea to Nepal have increased at an annualized rate of 1.87%, from $482k in N/A to $528k in N/A.

In N/A, North Korea did not export any services to Nepal.

Comparison In 2023, Nepal ranked 156 in total exports ($1.21B). That same year, North Korea ranked 172 in total exports ($397M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Nepal does not register exports to North Korea.

In 2016, North Korea exported $528k to Nepal. There were not main exports from North Korea to Nepal in 2016. During the last 5 years the exports of North Korea to Nepal have increased at an annualized rate of 1.87%, from $482k in 2021 to $528k in 2016.

Exports from Nepal () to North Korea () (2021)

Exports from North Korea () to Nepal () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nepal
Top DestinationIndia$811M

North Korea
Top DestinationChina$292M

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

In 2023, countries that imported more from Nepal than North Korea included India ($811M), United States ($140M), and Germany ($38.8M).

In 2023, countries that imported more from North Korea than Nepal included China ($292M), Senegal ($10.3M), and Angola ($10.2M).

Difference in imports from North Korea () and Nepal () (2023)

Comparative Advantage Nepal - North Korea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2016, North Korea had a large net trade with Nepal in the exports of .

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Nepal and North Korea. This means that a dot/product with the flag of Nepal indicates it has a comparative advantage over North Korea. Similarly, a dot/product with the flag of North Korea indicates it has a comparative advantage over Nepal.

Product Space of Nepal () and North Korea () (2021)

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