2022
Flag  
GDP
$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH
88.1%CURRENT US$
Rnk 21 / 186
2022
Flag
 GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
GDP PC 
$1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH
68.3%CURRENT US$
Rnk 18 / 186
2022
Flag
GDP PC
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 186

About

Nepal-Colombia In 2022, Nepal exported $17k to Colombia. The main products that Nepal exported to Colombia are Bells and Other Metal Ornaments ($4.67k), Smoking Pipes ($4.46k), and Trunks and Cases ($3.01k). During the last 26 years the exports of Nepal to Colombia have increased at an annualized rate of 9.83%, from $1.49k in 1996 to $17k in 2022.

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

Colombia-Nepal In 2022, Colombia exported $28.2k to Nepal. The main products that Colombia exported to Nepal were Coffee ($21.1k), Medical Instruments ($5.18k), and Knit Active Wear ($949). During the last 26 years the exports of Colombia to Nepal have increased at an annualized rate of 5.91%, from $6.34k in 1996 to $28.2k in 2022.

In 2022, Colombia 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, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nepal exported $17k to Colombia. The main products exported from Nepal to Colombia were Bells and Other Metal Ornaments ($4.67k), Smoking Pipes ($4.46k), and Trunks and Cases ($3.01k). During the last 26 years the exports of Nepal to Colombia have increased at an annualized rate of 9.83%, from $1.49k in 1996 to $17k in 2022.

In 2022, Colombia exported $28.2k to Nepal. The main products exported from Colombia to Nepal were Coffee ($21.1k), Medical Instruments ($5.18k), and Knit Active Wear ($949). During the last 26 years the exports of Colombia to Nepal have increased at an annualized rate of 5.91%, from $6.34k in 1996 to $28.2k in 2022.

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

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

Latest Data

Trade between Nepal (Flag) and Colombia (Flag)

Colombia Exports

Market Competitiveness

Color
Nepal
Top Destination
India$956M
Colombia
Top Destination
United States$15.6B

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

In 2021, countries that imported more from Nepal than Colombia were Central African Republic ($8.88M), Bhutan ($3.99M), and Bangladesh ($4.12M).

In 2021, countries that imported more from Colombia than Nepal were United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

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

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 2022, Nepal had a large net trade with Colombia in the exports of Metals ($5.57k), Miscellaneous ($4.46k), and Animal Hides ($3.05k).

During 2022, Colombia had a large net trade with Nepal in the exports of Vegetable Products ($21.1k), Instruments ($5.18k), and Textiles ($1.83k).

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 Colombia. Similarly, the more yellow a dot/product is, the more Colombia has comparative advantage over Nepal.

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

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with