Nepal (NPL) and Argentina (ARG) Trade | The Observatory of Economic Complexity

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Nepal-Argentina Trade: In 2023, Nepal exported $31.1k to Argentina. The main products that Nepal exported to Argentina were Blankets ($20.7k), Scarves ($5.47k), and Harvesting Machinery ($2.49k). Over the past 5 years the exports of Nepal to Argentina have increased at an annualized rate of 16.2%, from $14.7k in 2018 to $31.1k in 2023.

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

Argentina-Nepal Trade: In 2023, Argentina exported $3.14M to Nepal. The main products that Argentina exported to Nepal were Corn ($2.61M) and Soybean Meal ($528k). Over the past 5 years the exports of Argentina to Nepal have decreased at an annualized rate of 47%, from $74.9M in 2018 to $3.14M in 2023.

In 2023, Argentina 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, Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Nepal exported $31.1k to Argentina. The main products exported from Nepal to Argentina were Blankets ($20.7k), Scarves ($5.47k), and Harvesting Machinery ($2.49k). During the last 5 years the exports of Nepal to Argentina have increased at an annualized rate of 16.2%, from $14.7k in 2018 to $31.1k in 2023.

In 2018, Argentina exported $3.14M to Nepal. The main products exported from Argentina to Nepal were Corn ($2.61M) and Soybean Meal ($528k). During the last 5 years the exports of Argentina to Nepal have decreased at an annualized rate of 47%, from $74.9M in 2023 to $3.14M in 2018.

Exports from Nepal () to Argentina () (2023)

Exports from Argentina () to Nepal () (2023)

Latest Data

Trade between Nepal () and Argentina ()

Argentina Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nepal
Top DestinationIndia$811M

Argentina
Top DestinationBrazil$12.1B

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

In 2023, countries that imported more from Nepal than Argentina included Lesotho ($16.2k).

In 2023, countries that imported more from Argentina than Nepal included Brazil ($12.1B), United States ($6.27B), and Chile ($5.57B).

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

Comparative Advantage Nepal - Argentina

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Nepal had a large net trade with Argentina in the exports of Textiles ($26.5k), Machines ($2.87k), and Plastics and Rubbers ($630).

During 2018, Argentina had a large net trade with Nepal in the exports of Vegetable Products ($2.61M) and Foodstuffs ($528k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Nepal Argentina+$11.5kKnotted Carpets

Top Product Potential Argentina Nepal+$1.93MCorn

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

About

Historical Data

Bilateral Trade by Products

Exports from Nepal () to Argentina () (2023)

Exports from Argentina () to Nepal () (2023)

Latest Data

Trade between Nepal () and Argentina ()

Argentina Exports

Market Competitiveness

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

Comparative Advantage Nepal - Argentina

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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