Israel (ISR) and Nepal (NPL) Trade | The Observatory of Economic Complexity

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Israel-Nepal Trade: In 2023, Israel exported $2.22M to Nepal. The main products that Israel exported to Nepal were Packaged Medicaments ($1.34M), Broadcasting Equipment ($507k), and Telephones ($232k). Over the past 5 years the exports of Israel to Nepal have decreased at an annualized rate of 33.7%, from $17.3M in 2018 to $2.22M in 2023.

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

Nepal-Israel Trade: In 2023, Nepal exported $455k to Israel. The main products that Nepal exported to Israel were Trunks and Cases ($92k), Other Measuring Instruments ($76k), and Knotted Carpets ($70k). Over the past 5 years the exports of Nepal to Israel have decreased at an annualized rate of 10.9%, from $811k in 2018 to $455k in 2023.

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

Comparison In 2023, Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Israel exported $2.22M to Nepal. The main products exported from Israel to Nepal were Packaged Medicaments ($1.34M), Broadcasting Equipment ($507k), and Telephones ($232k). During the last 5 years the exports of Israel to Nepal have decreased at an annualized rate of 33.7%, from $17.3M in 2018 to $2.22M in 2023.

In 2018, Nepal exported $455k to Israel. The main products exported from Nepal to Israel were Trunks and Cases ($92k), Other Measuring Instruments ($76k), and Knotted Carpets ($70k). During the last 5 years the exports of Nepal to Israel have decreased at an annualized rate of 10.9%, from $811k in 2023 to $455k in 2018.

Exports from Israel () to Nepal () (2023)

Exports from Nepal () to Israel () (2023)

Latest Data

Trade between Israel () and Nepal ()

Israel Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Israel
Top DestinationUnited States$20.3B

Nepal
Top DestinationIndia$811M

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

In 2023, countries that imported more from Israel than Nepal included United States ($20.3B), China ($7.09B), and Ireland ($4.22B).

In 2023, countries that imported more from Nepal than Israel included Pakistan ($2.01M), Qatar ($1.89M), and Saudi Arabia ($982k).

Difference in imports from Nepal () and Israel () (2023)

Comparative Advantage Israel - Nepal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Israel had a large net trade with Nepal in the exports of Chemical Products ($1.34M), Machines ($820k), and Vegetable Products ($19k).

During 2018, Nepal had a large net trade with Israel in the exports of Textiles ($103k), Instruments ($103k), and Animal Hides ($92k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Israel Nepal+$657kMedical Instruments

Top Product Potential Nepal Israel+$96.9kNon-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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Israel () to Nepal () (2023)

Exports from Nepal () to Israel () (2023)

Latest Data

Trade between Israel () and Nepal ()

Israel Exports

Market Competitiveness

Difference in imports from Nepal () and Israel () (2023)

Comparative Advantage Israel - Nepal

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Israel () and Nepal () (2023)

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