Estonia (EST) and Nepal (NPL) Trade | The Observatory of Economic Complexity

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Estonia-Nepal Trade: In 2022, Estonia exported $163k to Nepal. The main products that Estonia exported to Nepal were Blank Audio Media ($120k), Flax Woven Fabric ($17.4k), and Yeast ($4.5k). Over the past 5 years the exports of Estonia to Nepal have increased at an annualized rate of 15%, from $80.9k in 2017 to $163k in 2022.

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

Nepal-Estonia Trade: In 2022, Nepal exported $70k to Estonia. The main products that Nepal exported to Estonia were Knotted Carpets ($23.5k), Uncoated Paper ($4.95k), and Kaolin Coated Paper ($4.47k). Over the past 5 years the exports of Nepal to Estonia have decreased at an annualized rate of 5.71%, from $134k in 2017 to $70k in 2022.

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

Comparison In 2022, Estonia ranked 74 in total exports ($23.1B). 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 2022, Estonia exported $163k to Nepal. The main products exported from Estonia to Nepal were Blank Audio Media ($120k), Flax Woven Fabric ($17.4k), and Yeast ($4.5k). During the last 5 years the exports of Estonia to Nepal have increased at an annualized rate of 15%, from $80.9k in 2017 to $163k in 2022.

In 2017, Nepal exported $70k to Estonia. The main products exported from Nepal to Estonia were Knotted Carpets ($23.5k), Uncoated Paper ($4.95k), and Kaolin Coated Paper ($4.47k). During the last 5 years the exports of Nepal to Estonia have decreased at an annualized rate of 5.71%, from $134k in 2022 to $70k in 2017.

Exports from Estonia () to Nepal () (2022)

Exports from Nepal () to Estonia () (2022)

Latest Data

Trade between Estonia () and Nepal ()

Estonia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Estonia
Top DestinationFinland$3B

Nepal
Top DestinationIndia$956M

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

In 2022, countries that imported more from Estonia than Nepal included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

In 2022, countries that imported more from Nepal than Estonia included India ($956M), Central African Republic ($8.88M), and Bhutan ($3.99M).

Difference in imports from Nepal () and Estonia () (2022)

Comparative Advantage Estonia - Nepal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Estonia had a large net trade with Nepal in the exports of Machines ($123k), Textiles ($17.4k), and Chemical Products ($6.96k).

During 2017, Nepal had a large net trade with Estonia in the exports of Textiles ($37.9k), Paper Goods ($12.3k), and Instruments ($5.57k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Estonia () to Nepal () (2022)

Exports from Nepal () to Estonia () (2022)

Latest Data

Trade between Estonia () and Nepal ()

Estonia Exports

Market Competitiveness

Difference in imports from Nepal () and Estonia () (2022)

Comparative Advantage Estonia - Nepal

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Estonia () and Nepal () (2022)

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