2023
Flag  
GDP
$40.9BCURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP GROWTH
84.6%CURRENT US$
Rnk 26 / 195
2023
Flag
 GDP
$14.1BCURRENT US$
Rnk 140 / 195
2013-2023
Flag
GDP GROWTH
80.3%CURRENT US$
Rnk 31 / 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
$1,010CURRENT US$
Rnk 176 / 196
2013-2023
Flag
GDP PC GROWTH
43.3%CURRENT US$
Rnk 55 / 195

About

Nepal-Rwanda Trade: In 2022, Nepal exported $16.7k to Rwanda. The main products that Nepal exported to Rwanda were N/A. Over the past 6 years the exports of Nepal to Rwanda have increased at an annualized rate of 0.37%, from $16.4k in 2016 to $16.7k in 2022.

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

Rwanda-Nepal In N/A, Rwanda did not export any products to Nepal.

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

Comparison In 2023,  Nepal ranked 156 in total exports ($1.21B). That same year, Rwanda ranked 154 in total exports ($1.35B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nepal exported $16.7k to Rwanda. There were not main exports from Nepal to Rwanda in 2022. During the last 6 years the exports of Nepal to Rwanda have increased at an annualized rate of 0.37%, from $16.4k in 2016 to $16.7k in 2022.

Rwanda does not register exports to Nepal.

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

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

Latest Data

Trade between Nepal (Flag) and Rwanda (Flag)

Rwanda Exports

Market Competitiveness

Color
Nepal
Top Destination
India$811M
Rwanda
Top Destination
United Arab Emirates$895M

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

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

In 2023, countries that imported more from Rwanda than Nepal included United Arab Emirates ($895M), China ($131M), and Kenya ($34.5M).

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

Comparative Advantage Nepal - Rwanda

Flow
Scale

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

During 2022, Nepal had a large net trade with Rwanda in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Rwanda+$1.83kPalm Oil
Top Product Potential Rwanda Nepal+$3.48kGold

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

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

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