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Pricing

2022
Flag → Flag
Exports $957kRnk 43 / 149
2022
Flag → Flag
Top Product $576kCoated Flat-Rolled Iron
2022
Flag → Flag
Exports $691kRnk 146 / 196
2022
Flag → Flag
Top Product $297kPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI 1.03Rnk 26 / 133
2022
Flag  
GDP$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH88.1%CURRENT US$
Rnk 21 / 186
2022
Flag
 GDP$301BCURRENT US$
Rnk 44 / 186
2012-2022
Flag
GDP GROWTH68.2%CURRENT US$
Rnk 30 / 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$15,892CURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP PC GROWTH77.9%CURRENT US$
Rnk 16 / 186

About

Nepal-Romania Trade: In 2022, Nepal exported $957k to Romania. The main products that Nepal exported to Romania were Coated Flat-Rolled Iron ($576k), Non-Knit Women's Suits ($195k), and Non-Knit Men's Suits ($41.7k). Over the past 5 years the exports of Nepal to Romania have increased at an annualized rate of 42.1%, from $165k in 2017 to $957k in 2022.

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

Romania-Nepal Trade: In 2022, Romania exported $691k to Nepal. The main products that Romania exported to Nepal were Packaged Medicaments ($297k), Computers ($116k), and Therapeutic Appliances ($27.6k). Over the past 5 years the exports of Romania to Nepal have decreased at an annualized rate of 4.57%,  from $874k in 2017 to $691k in 2022.

In 2022, Romania 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, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nepal exported $957k to Romania. The main products exported from Nepal to Romania were Coated Flat-Rolled Iron ($576k), Non-Knit Women's Suits ($195k), and Non-Knit Men's Suits ($41.7k). During the last 5 years the exports of Nepal to Romania have increased at an annualized rate of 42.1%, from $165k in 2017 to $957k in 2022.

In 2017, Romania exported $691k to Nepal. The main products exported from Romania to Nepal were Packaged Medicaments ($297k), Computers ($116k), and Therapeutic Appliances ($27.6k). During the last 5 years the exports of Romania to Nepal have decreased at an annualized rate of 4.57%, from $874k in 2022 to $691k in 2017.

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

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

Latest Data

Trade between Nepal (Flag) and Romania (Flag)

Romania Exports

Market Competitiveness

Color
Nepal
Top DestinationIndia$956M
Romania
Top DestinationGermany$18.8B

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

In 2022, countries that imported more from Nepal than Romania included India ($956M), Central African Republic ($8.88M), and Bhutan ($3.99M).

In 2022, countries that imported more from Romania than Nepal included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

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

Comparative Advantage Nepal - Romania

Flow
Scale

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

During 2022, Nepal had a large net trade with Romania in the exports of Metals ($576k), Textiles ($343k), and Animal Hides ($16.2k).

During 2017, Romania had a large net trade with Nepal in the exports of Chemical Products ($298k), Machines ($228k), and Instruments ($74.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Romania+$781kCoated Flat-Rolled Iron
Top Product Potential Romania Nepal+$602kPackaged Medicaments

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

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

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