Nepal (NPL) and Brazil (BRA) Trade | The Observatory of Economic Complexity

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Nepal-Brazil Trade: In 2023, Nepal exported $227k to Brazil. The main products that Nepal exported to Brazil were Knotted Carpets ($55.8k), Blankets ($47.8k), and Scarves ($34.4k). Over the past 5 years the exports of Nepal to Brazil have increased at an annualized rate of 2.52%, from $200k in 2018 to $227k in 2023.

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

Brazil-Nepal Trade: In 2023, Brazil exported $1.54M to Nepal. The main products that Brazil exported to Nepal were Corn ($604k), Dried Legumes ($283k), and Hard Liquor ($142k). Over the past 5 years the exports of Brazil to Nepal have decreased at an annualized rate of 50.4%, from $51.4M in 2018 to $1.54M in 2023.

In 2023, Brazil 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, Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Nepal exported $227k to Brazil. The main products exported from Nepal to Brazil were Knotted Carpets ($55.8k), Blankets ($47.8k), and Scarves ($34.4k). During the last 5 years the exports of Nepal to Brazil have increased at an annualized rate of 2.52%, from $200k in 2018 to $227k in 2023.

In 2018, Brazil exported $1.54M to Nepal. The main products exported from Brazil to Nepal were Corn ($604k), Dried Legumes ($283k), and Hard Liquor ($142k). During the last 5 years the exports of Brazil to Nepal have decreased at an annualized rate of 50.4%, from $51.4M in 2023 to $1.54M in 2018.

Exports from Nepal () to Brazil () (2023)

Exports from Brazil () to Nepal () (2023)

Latest Data

Trade between Nepal () and Brazil ()

Brazil Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nepal
Top DestinationIndia$811M

Brazil
Top DestinationChina$106B

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

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

In 2023, countries that imported more from Brazil than Nepal included China ($106B), United States ($37B), and Argentina ($17.2B).

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

Comparative Advantage Nepal - Brazil

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Nepal had a large net trade with Brazil in the exports of Textiles ($187k), Miscellaneous ($21.3k), and Arts and Antiques ($8.18k).

During 2018, Brazil had a large net trade with Nepal in the exports of Vegetable Products ($1.1M), Foodstuffs ($142k), and Chemical Products ($136k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Nepal Brazil+$178kKnotted Carpets

Top Product Potential Brazil Nepal+$6.64MSoybean Meal

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

About

Historical Data

Bilateral Trade by Products

Exports from Nepal () to Brazil () (2023)

Exports from Brazil () to Nepal () (2023)

Latest Data

Trade between Nepal () and Brazil ()

Brazil Exports

Market Competitiveness

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

Comparative Advantage Nepal - Brazil

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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