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Pricing

2022
Flag → Flag
Exports $344kRnk 54 / 149
2022
Flag → Flag
Top Product $332kKnotted Carpets
2022
Flag → Flag
Exports $35.1MRnk 157 / 168
2022
Flag → Flag
Top Product $36.1kIndustrial Printers
2022
Flag
Economic Complexity (ECI) ECI 0.15Rnk 57 / 133
2022
Flag  
GDP$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH88.1%CURRENT US$
Rnk 21 / 186
2022
Flag
 GDP$71.2BCURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP GROWTH31.2%CURRENT US$
Rnk 96 / 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$20,795CURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP PC GROWTH29.3%CURRENT US$
Rnk 65 / 186

About

Nepal-Uruguay Trade: In 2022, Nepal exported $344k to Uruguay. The main products that Nepal exported to Uruguay were Knotted Carpets ($332k), Scarves ($6.14k), and Other Carpets ($2.23k). Over the past 5 years the exports of Nepal to Uruguay have increased at an annualized rate of 48.5%, from $47.7k in 2017 to $344k in 2022.

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

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

In 2022, Uruguay 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, Uruguay ranked 57 in the Economic Complexity Index (ECI 0.15), and 98 in total exports ($12B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nepal exported $344k to Uruguay. The main products exported from Nepal to Uruguay were Knotted Carpets ($332k), Scarves ($6.14k), and Other Carpets ($2.23k). During the last 5 years the exports of Nepal to Uruguay have increased at an annualized rate of 48.5%, from $47.7k in 2017 to $344k in 2022.

Uruguay does not register exports to Nepal. The main products exported from Uruguay to Nepal were Industrial Printers ($36.1k) and Knit T-shirts ($19).

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

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

Latest Data

Trade between Nepal (Flag) and Uruguay (Flag)

Uruguay Exports

Market Competitiveness

Color
Nepal
Top DestinationIndia$956M
Uruguay
Top DestinationChina$2.89B

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

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

In 2022, countries that imported more from Uruguay than Nepal included China ($2.89B), Brazil ($1.69B), and Argentina ($999M).

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

Comparative Advantage Nepal - Uruguay

Flow
Scale

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

During 2022, Nepal had a large net trade with Uruguay in the exports of N/A.

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Uruguay+$9.45kKnit Sweaters
Top Product Potential Uruguay Nepal+$10.4kIndustrial Printers

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

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

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