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Pricing

2022
Flag → Flag
Exports $79.8MRnk 100 / 218
2022
Flag → Flag
Top Product $14.6MUnprocessed Synthetic Staple Fibers
2022
Flag → Flag
Exports $1.06MRnk 38 / 149
2022
Flag → Flag
Top Product $319kPaper Containers
2022
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 133
2022
Flag  
GDP$495BCURRENT US$
Rnk 29 / 186
2012-2022
Flag
GDP GROWTH24.6%CURRENT US$
Rnk 111 / 186
2022
Flag
 GDP$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH88.1%CURRENT US$
Rnk 21 / 186
2022
Flag
GDP PC $6,909CURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP PC GROWTH20.2%CURRENT US$
Rnk 87 / 186
2022
Flag
GDP PC$1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH68.3%CURRENT US$
Rnk 18 / 186

About

Thailand-Nepal Trade: In 2022, Thailand exported $79.8M to Nepal. The main products that Thailand exported to Nepal were Unprocessed Synthetic Staple Fibers ($14.6M), Vinyl Chloride Polymers ($9.42M), and Cars ($5.59M). Over the past 5 years the exports of Thailand to Nepal have decreased at an annualized rate of 3.75%, from $96.7M in 2017 to $79.8M in 2022.

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

Nepal-Thailand Trade: In 2022, Nepal exported $1.06M to Thailand. The main products that Nepal exported to Thailand were Paper Containers ($319k), Blankets ($205k), and Iron Cloth ($114k). Over the past 5 years the exports of Nepal to Thailand have increased at an annualized rate of 7%,  from $756k in 2017 to $1.06M in 2022.

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

Comparison In 2022,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.96),  and 27 in total exports ($312B). That same year, Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Thailand exported $79.8M to Nepal. The main products exported from Thailand to Nepal were Unprocessed Synthetic Staple Fibers ($14.6M), Vinyl Chloride Polymers ($9.42M), and Cars ($5.59M). During the last 5 years the exports of Thailand to Nepal have decreased at an annualized rate of 3.75%, from $96.7M in 2017 to $79.8M in 2022.

In 2017, Nepal exported $1.06M to Thailand. The main products exported from Nepal to Thailand were Paper Containers ($319k), Blankets ($205k), and Iron Cloth ($114k). During the last 5 years the exports of Nepal to Thailand have increased at an annualized rate of 7%, from $756k in 2022 to $1.06M in 2017.

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

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

Latest Data

Trade between Thailand (Flag) and Nepal (Flag)

Thailand Exports

Market Competitiveness

Color
Thailand
Top DestinationUnited States$53.4B
Nepal
Top DestinationIndia$956M

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

In 2022, countries that imported more from Thailand than Nepal included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

In 2022, countries that imported more from Nepal than Thailand included Central African Republic ($8.88M) and Saint Helena ($435).

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

Comparative Advantage Thailand - Nepal

Flow
Scale

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

During 2022, Thailand had a large net trade with Nepal in the exports of Textiles ($18.7M), Plastics and Rubbers ($15.8M), and Transportation ($9.89M).

During 2017, Nepal had a large net trade with Thailand in the exports of Paper Goods ($330k), Textiles ($323k), and Metals ($160k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Thailand Nepal+$6.16MCars
Top Product Potential Nepal Thailand+$210kPaper Containers

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

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

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