2023
Flag  
GDP
$40.9BCURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP GROWTH
84.6%CURRENT US$
Rnk 26 / 195
2023
Flag
 GDP
$84.8BCURRENT US$
Rnk 73 / 195
2013-2023
Flag
GDP GROWTH
-35.9%CURRENT US$
Rnk 193 / 195
2023
Flag
GDP PC 
$1,378CURRENT US$
Rnk 169 / 195
2013-2023
Flag
GDP PC GROWTH
71.5%CURRENT US$
Rnk 24 / 195
2023
Flag
GDP PC
$2,308CURRENT US$
Rnk 151 / 196
2013-2023
Flag
GDP PC GROWTH
-54.4%CURRENT US$
Rnk 194 / 195

About

Nepal-Angola Trade: In 2023, Nepal exported $38 to Angola. The main products that Nepal exported to Angola were Sound Recording Equipment ($38). Over the past 11 years the exports of Nepal to Angola have decreased at an annualized rate of 24.6%, from $847 in 2012 to $38 in 2023.

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

Angola-Nepal Trade: In 2023, Angola exported $24.8k to Nepal. The main products that Angola exported to Nepal were N/A. Over the past 11 years the exports of Angola to Nepal have increased at an annualized rate of 272%,  from $35 in 2012 to $24.8k in 2023.

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

Comparison In 2023,  Nepal ranked 156 in total exports ($1.21B), and does not have data regarding Economic Complexity Index. That same year, Angola ranked 120 in the Economic Complexity Index (ECI -1.23), and 62 in total exports ($42.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Nepal exported $38 to Angola. The main products exported from Nepal to Angola were Sound Recording Equipment ($38). During the last 11 years the exports of Nepal to Angola have decreased at an annualized rate of 24.6%, from $847 in 2012 to $38 in 2023.

In 2012, Angola exported $24.8k to Nepal. There were not main exports from Angola to Nepal in 2012. During the last 5 years the exports of Angola to Nepal have increased at an annualized rate of 272%, from $35 in 2017 to $24.8k in 2012.

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

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

Market Competitiveness

Color
Nepal
Top Destination
India$811M
Angola
Top Destination
China$17.1B

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

In 2023, countries that imported more from Nepal than Angola included Australia ($12.5M), Switzerland ($11.7M), and Japan ($13M).

In 2023, countries that imported more from Angola than Nepal included China ($17.1B), India ($3.87B), and United Arab Emirates ($2.75B).

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

Comparative Advantage Nepal - Angola

Flow
Scale

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

During 2023, Nepal had a large net trade with Angola in the exports of Machines ($38).

During 2012, Angola had a large net trade with Nepal in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Angola+$7.5kVaccines, blood, antisera, toxins and cultures
Top Product Potential Angola Nepal+$5.1kPetroleum Gas

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with