2023
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GDP
$40.9BCURRENT US$
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2013-2023
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GDP GROWTH
84.6%CURRENT US$
Rnk 26 / 195
2023
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 GDP
$381BCURRENT US$
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2013-2023
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GDP GROWTH
-5.04%CURRENT US$
Rnk 177 / 195
2023
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GDP PC 
$1,378CURRENT US$
Rnk 169 / 195
2013-2023
Flag
GDP PC GROWTH
71.5%CURRENT US$
Rnk 24 / 195
2023
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GDP PC
$6,023CURRENT US$
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2013-2023
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GDP PC GROWTH
-17.9%CURRENT US$
Rnk 178 / 195

About

Nepal-South Africa Trade: In 2023, Nepal exported $528k to South Africa. The main products that Nepal exported to South Africa were Non-Knit Men's Coats ($182k), Non-Knit Women's Suits ($100k), and Knotted Carpets ($89.4k). Over the past 5 years the exports of Nepal to South Africa have decreased at an annualized rate of 1.31%, from $564k in 2018 to $528k in 2023.

In 2023, Nepal did not export any services to South Africa.

South Africa-Nepal Trade: In 2023, South Africa exported $516k to Nepal. The main products that South Africa exported to Nepal were Citrus ($224k), Prepared Wool or Animal Hair ($87.7k), and Malt Extract ($35.3k). Over the past 5 years the exports of South Africa to Nepal have decreased at an annualized rate of 62.7%,  from $71.5M in 2018 to $516k in 2023.

In 2023, South Africa did not export any services to Nepal.

Comparison In 2023,  Nepal ranked 156 in total exports ($1.21B), and does not have data regarding Economic Complexity Index. That same year, South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Nepal exported $528k to South Africa. The main products exported from Nepal to South Africa were Non-Knit Men's Coats ($182k), Non-Knit Women's Suits ($100k), and Knotted Carpets ($89.4k). During the last 5 years the exports of Nepal to South Africa have decreased at an annualized rate of 1.31%, from $564k in 2018 to $528k in 2023.

In 2018, South Africa exported $516k to Nepal. The main products exported from South Africa to Nepal were Citrus ($224k), Prepared Wool or Animal Hair ($87.7k), and Malt Extract ($35.3k). During the last 5 years the exports of South Africa to Nepal have decreased at an annualized rate of 62.7%, from $71.5M in 2023 to $516k in 2018.

Exports from Nepal (Flag) to South Africa (Flag) (2023)

Exports from South Africa (Flag) to Nepal (Flag) (2023)

Latest Data

Trade between Nepal (Flag) and South Africa (Flag)

South Africa Exports

Market Competitiveness

Color
Nepal
Top Destination
India$811M
South Africa
Top Destination
China$29.5B

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

In 2023, no countries were registered that imported more from Nepal than from South Africa.

In 2023, countries that imported more from South Africa than Nepal included China ($29.5B), United States ($13B), and Germany ($10.8B).

Difference in imports from South Africa (Flag) and Nepal (Flag) (2023)

Comparative Advantage Nepal - South Africa

Flow
Scale

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

During 2023, Nepal had a large net trade with South Africa in the exports of Textiles ($448k), Instruments ($24.4k), and Vegetable Products ($14.1k).

During 2018, South Africa had a large net trade with Nepal in the exports of Vegetable Products ($224k), Textiles ($95.9k), and Foodstuffs ($55.4k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal South Africa+$264kNon-Knit Women's Suits
Top Product Potential South Africa Nepal+$7.2MCoal Briquettes

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

Product Space of Nepal (Flag) and South Africa (Flag) (2023)

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