Nepal (NPL) and Russia (RUS) Trade | The Observatory of Economic Complexity

About

Nepal-Russia In 2022, Nepal exported $1.31M to Russia. The main products that Nepal exported to Russia are Tea ($663k), Knotted Carpets ($558k), and Percussion ($28.3k). During the last 26 years the exports of Nepal to Russia have increased at an annualized rate of 2.76%, from $646k in 1996 to $1.31M in 2022.

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

Russia-Nepal In 2022, Russia exported $14.1M to Nepal. The main products that Russia exported to Nepal were Potassic Fertilizers ($5.52M), Spice Seeds ($3.25M), and Seed Oils ($3.2M). During the last 26 years the exports of Russia to Nepal have increased at an annualized rate of 13.7%, from $506k in 1996 to $14.1M in 2022.

In 2020, Russia exported services to Nepal worth $303k, with Transportation ($185k), Communications services ($51k), and Other business services ($28k) being the largest in terms of value.

Comparison In 2022, Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index. That same year, Russia ranked 45 in the Economic Complexity Index (ECI 0.42), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Nepal exported $1.31M to Russia. The main products exported from Nepal to Russia were Tea ($663k), Knotted Carpets ($558k), and Percussion ($28.3k). During the last 26 years the exports of Nepal to Russia have increased at an annualized rate of 2.76%, from $646k in 1996 to $1.31M in 2022.

In 2022, Russia exported $14.1M to Nepal. The main products exported from Russia to Nepal were Potassic Fertilizers ($5.52M), Spice Seeds ($3.25M), and Seed Oils ($3.2M). During the last 26 years the exports of Russia to Nepal have increased at an annualized rate of 13.7%, from $506k in 1996 to $14.1M in 2022.

Exports from Nepal () to Russia () (2022)

Exports from Russia () to Nepal () (2022)

Latest Data

Trade between Nepal () and Russia ()

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nepal
Top DestinationIndia$956M

Russia
Top DestinationChina$101B

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

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

In 2021, countries that imported more from Russia than Nepal were China ($101B), India ($40.4B), and Germany ($27.7B).

Difference in imports from Russia () and Nepal () (2022)

Comparative Advantage Nepal - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Nepal had a large net trade with Russia in the exports of Vegetable Products ($666k), Textiles ($587k), and Instruments ($30.1k).

During 2022, Russia had a large net trade with Nepal in the exports of Chemical Products ($5.57M), Animal and Vegetable Bi-Products ($3.59M), and Vegetable Products ($3.45M).

Service Trade

Bilateral Service Trade

Rus Year

In 2020, Russia exported services to Nepal worth $303k, with Transportation ($185k), Communications services ($51k), and Other business services ($28k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to Nepal () (2020)

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Nepal () to Russia () (2022)

Exports from Russia () to Nepal () (2022)

Latest Data

Trade between Nepal () and Russia ()

Russia Exports

Market Competitiveness

Difference in imports from Russia () and Nepal () (2022)

Comparative Advantage Nepal - Russia

Service Trade

Bilateral Service Trade

Services Exports from Russia () to Nepal () (2020)

Economic Complexity

Competitive Landscape

Product Space of Nepal () and Russia () (2022)

Keep Exploring