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Pricing

2022
Flag → Flag
Exports $4.18kRnk 129 / 149
2022
Flag → Flag
Top Product $4.18kKnotted Carpets
2022
Flag → Flag
Exports $13.4kRnk 141 / 160
2022
Flag → Flag
Top Product $4.49kInterior Decorative Glassware
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 85 / 133
2022
Flag  
GDP$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH88.1%CURRENT US$
Rnk 21 / 186
2022
Flag
 GDP$27.7BCURRENT US$
Rnk 108 / 186
2012-2022
Flag
GDP GROWTH56.8%CURRENT US$
Rnk 44 / 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$1,599CURRENT US$
Rnk 154 / 186
2012-2022
Flag
GDP PC GROWTH19.8%CURRENT US$
Rnk 90 / 186

About

Nepal-Senegal Trade: In 2022, Nepal exported $4.18k to Senegal. The main products that Nepal exported to Senegal were Knotted Carpets ($4.18k). Over the past 10 years the exports of Nepal to Senegal have decreased at an annualized rate of 15.2%, from $21.9k in 2012 to $4.18k in 2022.

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

Senegal-Nepal Trade: In 2022, Senegal exported $13.4k to Nepal. The main products that Senegal exported to Nepal were Interior Decorative Glassware ($4.49k), Other Furniture ($3.61k), and Plastic Housewares ($1.7k). Over the past 10 years the exports of Senegal to Nepal have increased at an annualized rate of 4.23%,  from $6.91k in 2012 to $13.4k in 2022.

In 2022, Senegal 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, Senegal ranked 85 in the Economic Complexity Index (ECI -0.5), and 120 in total exports ($6.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nepal exported $4.18k to Senegal. The main products exported from Nepal to Senegal were Knotted Carpets ($4.18k). During the last 10 years the exports of Nepal to Senegal have decreased at an annualized rate of 15.2%, from $21.9k in 2012 to $4.18k in 2022.

In 2017, Senegal exported $13.4k to Nepal. The main products exported from Senegal to Nepal were Interior Decorative Glassware ($4.49k), Other Furniture ($3.61k), and Plastic Housewares ($1.7k). During the last 5 years the exports of Senegal to Nepal have increased at an annualized rate of 4.23%, from $6.91k in 2022 to $13.4k in 2017.

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

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

Latest Data

Trade between Nepal (Flag) and Senegal (Flag)

Senegal Exports

Date

Market Competitiveness

Color
Nepal
Top DestinationIndia$956M
Senegal
Top DestinationMali$1.13B

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

In 2022, countries that imported more from Nepal than Senegal included Germany ($43M), Singapore ($25.5M), and Turkey ($28.3M).

In 2022, countries that imported more from Senegal than Nepal included Mali ($1.13B), Switzerland ($662M), and United States ($513M).

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

Comparative Advantage Nepal - Senegal

Flow
Scale

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

During 2022, Nepal had a large net trade with Senegal in the exports of Textiles ($4.18k).

During 2017, Senegal had a large net trade with Nepal in the exports of Miscellaneous ($4.64k), Stone And Glass ($4.49k), and Plastics and Rubbers ($1.96k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Senegal+$7.02kKnotted Carpets
Top Product Potential Senegal Nepal+$5.7kOther Furniture

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

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

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