2022
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GDP
$906BCURRENT US$
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2012-2022
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GDP GROWTH
2.89%CURRENT US$
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2022
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 GDP
$40.8BCURRENT US$
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2012-2022
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GDP GROWTH
88.1%CURRENT US$
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2022
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GDP PC 
$10,616CURRENT US$
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2012-2022
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GDP PC GROWTH
-9.24%CURRENT US$
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2022
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GDP PC
$1,337CURRENT US$
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2012-2022
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GDP PC GROWTH
68.3%CURRENT US$
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About

Turkey-Nepal In 2022, Turkey exported $41.8M to Nepal. The main products that Turkey exported to Nepal are Gold ($21.2M), Other Oily Seeds ($4.84M), and Rapeseed ($1.91M). During the last 26 years the exports of Turkey to Nepal have increased at an annualized rate of 36.2%, from $13.7k in 1996 to $41.8M in 2022.

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

Nepal-Turkey In 2022, Nepal exported $28.3M to Turkey. The main products that Nepal exported to Turkey were Non-Retail Synthetic Staple Fibers Yarn ($25.8M), Non-Retail Artificial Staple Fibers Sewing Thread ($1.73M), and Non-Retail Artificial Staple Fibers Yarn ($321k). During the last 26 years the exports of Nepal to Turkey have increased at an annualized rate of 34.3%, from $13.1k in 1996 to $28.3M in 2022.

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

Comparison In 2022,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.6),  and 29 in total exports ($262B). 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, Turkey exported $41.8M to Nepal. The main products exported from Turkey to Nepal were Gold ($21.2M), Other Oily Seeds ($4.84M), and Rapeseed ($1.91M). During the last 26 years the exports of Turkey to Nepal have increased at an annualized rate of 36.2%, from $13.7k in 1996 to $41.8M in 2022.

In 2022, Nepal exported $28.3M to Turkey. The main products exported from Nepal to Turkey were Non-Retail Synthetic Staple Fibers Yarn ($25.8M), Non-Retail Artificial Staple Fibers Sewing Thread ($1.73M), and Non-Retail Artificial Staple Fibers Yarn ($321k). During the last 27 years the exports of Nepal to Turkey have increased at an annualized rate of 34.3%, from $13.1k in 1995 to $28.3M in 2022.

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

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

Latest Data

Trade between Turkey (Flag) and Nepal (Flag)

Turkey Exports

Market Competitiveness

Color
Turkey
Top Destination
Germany$21.9B
Nepal
Top Destination
India$956M

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

In 2021, countries that imported more from Turkey than Nepal were Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

In 2021, countries that imported more from Nepal than Turkey were Central African Republic ($8.88M) and Bhutan ($3.99M).

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

Comparative Advantage Turkey - Nepal

Flow
Scale

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

During 2022, Turkey had a large net trade with Nepal in the exports of Precious Metals ($21.2M), Vegetable Products ($8.26M), and Machines ($4.72M).

During 2022, Nepal had a large net trade with Turkey in the exports of Textiles ($28.1M), Machines ($111k), and Vegetable Products ($40.7k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Turkey has comparative advantage over Nepal. Similarly, the more yellow a dot/product is, the more Nepal has comparative advantage over Turkey.

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

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