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2023
Flag → Flag
Exports $30.7MRnk 148 / 211
2023
Flag → Flag
Top Product $3.71MCars
2023
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Exports $13MRnk 8 / 111
2023
Flag → Flag
Top Product $1.35MScarves
2023
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 132
2023
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GDP$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
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GDP GROWTH-19.3%CURRENT US$
Rnk 190 / 195
2023
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 GDP$40.9BCURRENT US$
Rnk 102 / 195
2013-2023
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GDP GROWTH84.6%CURRENT US$
Rnk 26 / 195
2023
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GDP PC $33,767CURRENT US$
Rnk 38 / 195
2013-2023
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GDP PC GROWTH-17.4%CURRENT US$
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2023
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GDP PC$1,378CURRENT US$
Rnk 169 / 196
2013-2023
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GDP PC GROWTH71.5%CURRENT US$
Rnk 24 / 195

About

Japan-Nepal Trade: In 2023, Japan exported $30.7M to Nepal. The main products that Japan exported to Nepal were Cars ($3.71M), Medical Instruments ($3.45M), and X-Ray Equipment ($3.18M). Over the past 5 years the exports of Japan to Nepal have decreased at an annualized rate of 16.2%, from $74.2M in 2018 to $30.7M in 2023.

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

Nepal-Japan Trade: In 2023, Nepal exported $13M to Japan. The main products that Nepal exported to Japan were Scarves ($1.35M), Knit Sweaters ($1.21M), and Pasta ($1.03M). Over the past 5 years the exports of Nepal to Japan have increased at an annualized rate of 1.29%,  from $12.2M in 2018 to $13M in 2023.

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

Comparison In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07),  and 4 in total exports ($766B). That same year, Nepal ranked 156 in total exports ($1.21B), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Japan exported ¥368M and imported ¥152M from Nepal, resulting in a positive trade balance of ¥217M. Between November 2023 and November 2024 the exports of Japan have decreased by ¥-59.2M (-13.9%) from ¥428M to ¥368M, while imports increased by ¥26.5M (21.2%) from ¥125M to ¥152M.

Trade In November 2024, the top exports of Japan to Nepal were X-Ray Equipment (¥35.8M), Commodities not elsewhere specified (¥30M), Ethylene Polymers (¥16.8M), Motor-working Tools (¥8.42M), and Cars (¥8.34M). In November 2024 the top imports of Japan from Nepal were Other Vegetable Products (¥22.5M), Scarves (¥16.6M), Hard Liquor (¥13.8M), Pasta (¥9.15M), and Sowing Seeds (¥7.83M).

Origins In November 2024 the exports of Japan were mainly from Kanagawa (¥151M), Aichi (¥59.1M), Shiga (¥45.8M), Chiba (¥40.8M), and Osaka (¥32.7M), while imports destinations were mainly Chiba (¥66.5M), Tokyo (¥40.5M), Kanagawa (¥22.5M), Hyōgo (¥11.3M), and Osaka (¥9.27M).

Growth In November 2024, the decrease in Japan's year-by-year exports to Nepal was explained primarily by an decrease in product exports in Cars (¥-81.5M or -90.7%), Organo-Sulfur Compounds (¥-12.1M or -66.9%), and Synthetic Filament Yarn Woven Fabric (¥-4.67M or -92.6%). In November 2024, the increase in Japan's year-by-year imports  from Nepal was explained primarily by an increase in product imports  in Hard Liquor (¥12.6M or 1.01k%), Scarves (¥5.72M or 52.6%), and Pasta (¥5.69M or 165%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)¥-59.2M(-13.9%)
IMPORT GROWTH (November 2023 - November 2024)¥26.5M(21.2%)
MAIN EXPORTER (November 2024)Kanagawa¥151M

This section shows exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Japan over time.

To check Nepal and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Nepal and Japan Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Japan exported $30.7M to Nepal. The main products exported from Japan to Nepal were Cars ($3.71M), Medical Instruments ($3.45M), and X-Ray Equipment ($3.18M). During the last 5 years the exports of Japan to Nepal have decreased at an annualized rate of 16.2%, from $74.2M in 2018 to $30.7M in 2023.

In 2018, Nepal exported $13M to Japan. The main products exported from Nepal to Japan were Scarves ($1.35M), Knit Sweaters ($1.21M), and Pasta ($1.03M). During the last 5 years the exports of Nepal to Japan have increased at an annualized rate of 1.29%, from $12.2M in 2023 to $13M in 2018.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$143B
Nepal
Top DestinationIndia$811M

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

In 2023, countries that imported more from Japan than Nepal included United States ($143B), China ($138B), and Chinese Taipei ($43B).

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

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

Comparative Advantage Japan - Nepal

Flow
Scale

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

During 2023, Japan had a large net trade with Nepal in the exports of Machines ($10.6M), Instruments ($7.56M), and Transportation ($4.63M).

During 2018, Nepal had a large net trade with Japan in the exports of Textiles ($5.11M), Foodstuffs ($2.12M), and Vegetable Products ($1.89M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Nepal+$11.6MCars
Top Product Potential Nepal Japan+$2.44MNon-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 Japan and Nepal. This means that a dot/product with the flag of Japan indicates it has a comparative advantage over Nepal. Similarly, a dot/product with the flag of Nepal indicates it has a comparative advantage over Japan.

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

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