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2022
Flag → Flag
Exports $13.2MRnk 9 / 149
2022
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Top Product $2.53MAnimal Food
2022
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Exports $66.9MRnk 97 / 215
2022
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Top Product $23.5MSpark-Ignition Engines
2022
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Economic Complexity (ECI) ECI 0.92Rnk 31 / 133
2022
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GDP$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
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GDP GROWTH88.1%CURRENT US$
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2022
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 GDP$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
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GDP GROWTH17%CURRENT US$
Rnk 129 / 186
2022
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GDP PC $1,337CURRENT US$
Rnk 160 / 186
2012-2022
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GDP PC GROWTH68.3%CURRENT US$
Rnk 18 / 186
2022
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GDP PC$54,966CURRENT US$
Rnk 14 / 186
2012-2022
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GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 186

About

Nepal-Canada In 2022, Nepal exported $13.2M to Canada. The main products that Nepal exported to Canada are Animal Food ($2.53M), Knotted Carpets ($2.47M), and Spark-Ignition Engines ($891k). During the last 27 years the exports of Nepal to Canada have increased at an annualized rate of 5.02%, from $3.52M in 1995 to $13.2M in 2022.

In 2022, Nepal did not export any services to Canada.

Canada-Nepal In 2022, Canada exported $66.9M to Nepal. The main products that Canada exported to Nepal were Spark-Ignition Engines ($23.5M), Soybeans ($14.2M), and Gas Turbines ($8.62M). During the last 27 years the exports of Canada to Nepal have increased at an annualized rate of 11.8%, from $3.3M in 1995 to $66.9M in 2022.

In 2022, Canada did not export any services to Nepal.

Comparison In 2022,  Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index. That same year, Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nepal exported $13.2M to Canada. The main products exported from Nepal to Canada were Animal Food ($2.53M), Knotted Carpets ($2.47M), and Spark-Ignition Engines ($891k). During the last 27 years the exports of Nepal to Canada have increased at an annualized rate of 5.02%, from $3.52M in 1995 to $13.2M in 2022.

In 2022, Canada exported $66.9M to Nepal. The main products exported from Canada to Nepal were Spark-Ignition Engines ($23.5M), Soybeans ($14.2M), and Gas Turbines ($8.62M). During the last 27 years the exports of Canada to Nepal have increased at an annualized rate of 11.8%, from $3.3M in 1995 to $66.9M in 2022.

Exports from Nepal (Flag) to Canada (Flag) (2022)

Exports from Canada (Flag) to Nepal (Flag) (2022)

Latest Data

Trade between Nepal (Flag) and Canada (Flag)

Canada Exports

Market Competitiveness

Color
Nepal
Top DestinationIndia$956M
Canada
Top DestinationUnited States$438B

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

In 2021, countries that imported more from Nepal than Canada were Central African Republic ($8.88M), Bhutan ($3.99M), and Saint Helena ($435).

In 2021, countries that imported more from Canada than Nepal were United States ($438B), China ($25.4B), and Japan ($14.3B).

Difference in imports from Canada (Flag) and Nepal (Flag) (2022)

Comparative Advantage Nepal - Canada

Flow
Scale

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

During 2022, Nepal had a large net trade with Canada in the exports of Textiles ($7.13M), Foodstuffs ($2.91M), and Machines ($916k).

During 2022, Canada had a large net trade with Nepal in the exports of Machines ($32.7M), Vegetable Products ($19M), and Transportation ($7.86M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Nepal has comparative advantage over Canada. Similarly, the more yellow a dot/product is, the more Canada has comparative advantage over Nepal.

Product Space of Nepal (Flag) and Canada (Flag) (2022)

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