2023
Flag  
GDP
$164BCURRENT US$
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2013-2023
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GDP GROWTH
244%CURRENT US$
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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 
$1,272CURRENT US$
Rnk 172 / 195
2013-2023
Flag
GDP PC GROWTH
163%CURRENT US$
Rnk 3 / 195
2023
Flag
GDP PC
$1,378CURRENT US$
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2013-2023
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GDP PC GROWTH
71.5%CURRENT US$
Rnk 24 / 195

About

Ethiopia-Nepal Trade: In 2023, Ethiopia exported $1.11M to Nepal. The main products that Ethiopia exported to Nepal were Dried Legumes ($1.11M) and Non-Knit Men's Suits ($5.06k). Over the past 5 years the exports of Ethiopia to Nepal have increased at an annualized rate of 44.4%, from $177k in 2018 to $1.11M in 2023.

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

Nepal-Ethiopia Trade: In 2023, Nepal exported $789 to Ethiopia. The main products that Nepal exported to Ethiopia were Vaccines, blood, antisera, toxins and cultures ($677), Scarves ($65), and Optical Fibers and optical fibre bundles ($23). Over the past 5 years the exports of Nepal to Ethiopia have increased at an annualized rate of 0.49%,  from $770 in 2018 to $789 in 2023.

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

Comparison In 2023,  Ethiopia ranked 101 in the Economic Complexity Index (ECI -0.84),  and 137 in total exports ($3.97B). 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, Ethiopia exported $1.11M to Nepal. The main products exported from Ethiopia to Nepal were Dried Legumes ($1.11M) and Non-Knit Men's Suits ($5.06k). During the last 5 years the exports of Ethiopia to Nepal have increased at an annualized rate of 44.4%, from $177k in 2018 to $1.11M in 2023.

In 2018, Nepal exported $789 to Ethiopia. The main products exported from Nepal to Ethiopia were Vaccines, blood, antisera, toxins and cultures ($677), Scarves ($65), and Optical Fibers and optical fibre bundles ($23). During the last 5 years the exports of Nepal to Ethiopia have increased at an annualized rate of 0.49%, from $770 in 2023 to $789 in 2018.

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

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

Latest Data

Trade between Ethiopia (Flag) and Nepal (Flag)

Ethiopia Exports

Market Competitiveness

Color
Ethiopia
Top Destination
United States$487M
Nepal
Top Destination
India$811M

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

In 2023, countries that imported more from Ethiopia than Nepal included China ($402M), United States ($487M), and United Arab Emirates ($314M).

In 2023, countries that imported more from Nepal than Ethiopia included India ($811M), Denmark ($7.42M), and Maldives ($193k).

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

Comparative Advantage Ethiopia - Nepal

Flow
Scale

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

During 2023, Ethiopia had a large net trade with Nepal in the exports of Vegetable Products ($1.11M) and Textiles ($5.06k).

During 2018, Nepal had a large net trade with Ethiopia in the exports of Chemical Products ($677), Textiles ($65), and Instruments ($41).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ethiopia Nepal+$846kDried Legumes
Top Product Potential Nepal Ethiopia+$6.89kNon-Knit Women's Suits

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

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

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