North Korea (PRK) and Nepal (NPL) Trade | The Observatory of Economic Complexity

About

North Korea-Nepal Trade: In 2021, North Korea exported $486k to Nepal. The main products that North Korea exported to Nepal were N/A. Over the past 12 years the exports of North Korea to Nepal have decreased at an annualized rate of 16%, from $3.97M in 2009 to $486k in 2021.

In 2021, North Korea did not export any services to Nepal.

Nepal-North Korea Trade: In 2021, Nepal exported $144k to North Korea. The main products that Nepal exported to North Korea were N/A. Over the past 12 years the exports of Nepal to North Korea have decreased at an annualized rate of 22.7%, from $523k in 2009 to $144k in 2021.

In 2021, Nepal did not export any services to North Korea.

Comparison In 2022, North Korea ranked 182 in total exports ($248M). That same year, Nepal ranked 153 in total exports ($1.43B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, North Korea exported $486k to Nepal. There were not main exports from North Korea to Nepal in 2021. During the last 12 years the exports of North Korea to Nepal have decreased at an annualized rate of 16%, from $3.97M in 2009 to $486k in 2021.

In 2011, Nepal exported $144k to North Korea. There were not main exports from Nepal to North Korea in 2011. During the last 5 years the exports of Nepal to North Korea have decreased at an annualized rate of 22.7%, from $523k in 2016 to $144k in 2011.

Exports from North Korea () to Nepal () (2021)

Exports from Nepal () to North Korea () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Korea
Top DestinationChina$131M

Nepal
Top DestinationIndia$956M

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

In 2022, countries that imported more from North Korea than Nepal included China ($131M), Senegal ($26.9M), and Nigeria ($14M).

In 2022, countries that imported more from Nepal than North Korea included India ($956M), United States ($152M), and Germany ($43M).

Difference in imports from Nepal () and North Korea () (2022)

Comparative Advantage North Korea - Nepal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, North Korea had a large net trade with Nepal in the exports of .

During 2011, Nepal had a large net trade with North Korea in the exports of .

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of North Korea and Nepal. This means that a dot/product with the flag of North Korea indicates it has a comparative advantage over Nepal. Similarly, a dot/product with the flag of Nepal indicates it has a comparative advantage over North Korea.

About

Historical Data

Bilateral Trade by Products

Exports from North Korea () to Nepal () (2021)

Exports from Nepal () to North Korea () (2021)

Market Competitiveness

Difference in imports from Nepal () and North Korea () (2022)

Comparative Advantage North Korea - Nepal

Economic Complexity

Competitive Landscape

Product Space of North Korea () and Nepal () (2021)

Keep Exploring