2023
Flag  
GDP
$40.9BCURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP GROWTH
84.6%CURRENT US$
Rnk 26 / 195
2023
Flag
 GDP
$363BCURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP GROWTH
-4.87%CURRENT US$
Rnk 176 / 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
$6,947CURRENT US$
Rnk 104 / 196
2013-2023
Flag
GDP PC GROWTH
-16.1%CURRENT US$
Rnk 173 / 195

About

In N/A, Nepal did not export any services to Colombia.

Colombia-Nepal Trade: In N/A, Colombia exported $28.9k to Nepal. The main products that Colombia exported to Nepal were N/A. Over the past N/A years the exports of Colombia to Nepal have increased at an annualized rate of 4.62%,  from $23k in N/A to $28.9k in N/A.

In N/A, Colombia 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, Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

Nepal does not register exports to Colombia. The main products exported from Nepal to Colombia were Pepper ($1.09k), Other Cast Iron Products ($200), and Sculptures ($176).

In 2017, Colombia exported $28.9k to Nepal. There were not main exports from Colombia to Nepal in 2017. During the last 5 years the exports of Colombia to Nepal have increased at an annualized rate of 4.62%, from $23k in 2022 to $28.9k in 2017.

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

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

Comparative Advantage Nepal - Colombia

Flow
Scale

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

During 2017, Colombia had a large net trade with Nepal in the exports of N/A.

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Colombia+$17.1kTrunks and Cases
Top Product Potential Colombia Nepal+$56.7kCoffee

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

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

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