2022
Flag  
GDP
$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
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GDP GROWTH
88.1%CURRENT US$
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2022
Flag
 GDP
$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 175 / 186
2022
Flag
GDP PC 
$1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH
68.3%CURRENT US$
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2022
Flag
GDP PC
$4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH
13.2%CURRENT US$
Rnk 103 / 186

About

Nepal-Ukraine Trade: In 2022, Nepal exported $18.5k to Ukraine. The main products that Nepal exported to Ukraine were Jewellery ($7.81k), Knotted Carpets ($2.79k), and Felt ($2.02k). Over the past 5 years the exports of Nepal to Ukraine have decreased at an annualized rate of 28.1%, from $96.1k in 2017 to $18.5k in 2022.

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

Ukraine-Nepal Trade: In 2022, Ukraine exported $18.6M to Nepal. The main products that Ukraine exported to Nepal were Rapeseed ($8.17M), Seed Oils ($8.09M), and Metal Stoppers ($913k). Over the past 5 years the exports of Ukraine to Nepal have increased at an annualized rate of 3.59%,  from $15.6M in 2017 to $18.6M in 2022.

In 2022, Ukraine 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, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nepal exported $18.5k to Ukraine. The main products exported from Nepal to Ukraine were Jewellery ($7.81k), Knotted Carpets ($2.79k), and Felt ($2.02k). During the last 5 years the exports of Nepal to Ukraine have decreased at an annualized rate of 28.1%, from $96.1k in 2017 to $18.5k in 2022.

In 2017, Ukraine exported $18.6M to Nepal. The main products exported from Ukraine to Nepal were Rapeseed ($8.17M), Seed Oils ($8.09M), and Metal Stoppers ($913k). During the last 5 years the exports of Ukraine to Nepal have increased at an annualized rate of 3.59%, from $15.6M in 2022 to $18.6M in 2017.

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

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

Latest Data

Trade between Nepal (Flag) and Ukraine (Flag)

Ukraine Exports

Market Competitiveness

Color
Nepal
Top Destination
India$956M
Ukraine
Top Destination
Poland$6.7B

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

In 2022, countries that imported more from Nepal than Ukraine included Central African Republic ($8.88M), Bhutan ($3.99M), and Cambodia ($1.4M).

In 2022, countries that imported more from Ukraine than Nepal included Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

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

Comparative Advantage Nepal - Ukraine

Flow
Scale

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

During 2022, Nepal had a large net trade with Ukraine in the exports of Precious Metals ($9.09k), Textiles ($6.16k), and Metals ($1.66k).

During 2017, Ukraine had a large net trade with Nepal in the exports of Animal and Vegetable Bi-Products ($8.71M), Vegetable Products ($8.43M), and Metals ($913k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Ukraine+$8.31kKnotted Carpets
Top Product Potential Ukraine Nepal+$1.06MSoybean Oil

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

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

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