2023
Flag  
GDP
$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
 GDP
$40.9BCURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP GROWTH
84.6%CURRENT US$
Rnk 26 / 195
2023
Flag
GDP PC 
$10,295CURRENT US$
Rnk 89 / 195
2013-2023
Flag
GDP PC GROWTH
-17.4%CURRENT US$
Rnk 175 / 195
2023
Flag
GDP PC
$1,378CURRENT US$
Rnk 169 / 196
2013-2023
Flag
GDP PC GROWTH
71.5%CURRENT US$
Rnk 24 / 195

About

Brazil-Nepal Trade: In 2023, Brazil exported $1.54M to Nepal. The main products that Brazil exported to Nepal were Corn ($604k), Dried Legumes ($283k), and Hard Liquor ($142k). Over the past 5 years the exports of Brazil to Nepal have decreased at an annualized rate of 50.4%, from $51.4M in 2018 to $1.54M in 2023.

In 2023, Brazil did not export any services to Nepal.

Nepal-Brazil Trade: In 2023, Nepal exported $227k to Brazil. The main products that Nepal exported to Brazil were Knotted Carpets ($55.8k), Blankets ($47.8k), and Scarves ($34.4k). Over the past 5 years the exports of Nepal to Brazil have increased at an annualized rate of 2.1%,  from $200k in 2018 to $227k in 2023.

In 2023, Nepal did not export any services to Brazil.

Comparison In 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31),  and 22 in total exports ($355B). That same year, Nepal ranked 156 in total exports ($1.21B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brazil exported $1.54M to Nepal. The main products exported from Brazil to Nepal were Corn ($604k), Dried Legumes ($283k), and Hard Liquor ($142k). During the last 5 years the exports of Brazil to Nepal have decreased at an annualized rate of 50.4%, from $51.4M in 2018 to $1.54M in 2023.

In 2018, Nepal exported $227k to Brazil. The main products exported from Nepal to Brazil were Knotted Carpets ($55.8k), Blankets ($47.8k), and Scarves ($34.4k). During the last 5 years the exports of Nepal to Brazil have increased at an annualized rate of 2.1%, from $200k in 2023 to $227k in 2018.

Exports from Brazil (Flag) to Nepal (Flag) (2023)

Exports from Nepal (Flag) to Brazil (Flag) (2023)

Market Competitiveness

Color
Brazil
Top Destination
China$106B
Nepal
Top Destination
India$811M

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

In 2023, countries that imported more from Brazil than Nepal included China ($106B), United States ($37B), and Argentina ($17.2B).

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

Difference in imports from Nepal (Flag) and Brazil (Flag) (2023)

Comparative Advantage Brazil - Nepal

Flow
Scale

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

During 2023, Brazil had a large net trade with Nepal in the exports of Vegetable Products ($1.1M), Foodstuffs ($142k), and Chemical Products ($136k).

During 2018, Nepal had a large net trade with Brazil in the exports of Textiles ($187k), Miscellaneous ($21.3k), and Arts and Antiques ($8.18k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Nepal+$6.64MSoybean Meal
Top Product Potential Nepal Brazil+$178kKnotted Carpets

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

Product Space of Brazil (Flag) and Nepal (Flag) (2023)

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