2023
Flag  
GDP
$40.9BCURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP GROWTH
84.6%CURRENT US$
Rnk 26 / 195
2023
Flag
GDP PC 
$1,378CURRENT US$
Rnk 169 / 195
2013-2023
Flag
GDP PC GROWTH
71.5%CURRENT US$
Rnk 24 / 195

About

Nepal-Cuba Trade: In 2018, Nepal exported $2.61k to Cuba. The main products that Nepal exported to Cuba were N/A. Over the past 12 years the exports of Nepal to Cuba have decreased at an annualized rate of 3.93%, from $4.22k in 2006 to $2.61k in 2018.

In 2018, Nepal did not export any services to Cuba.

Cuba-Nepal Trade: In 2018, Cuba exported $16 to Nepal. The main products that Cuba exported to Nepal were N/A. Over the past 12 years the exports of Cuba to Nepal have decreased at an annualized rate of 21.6%,  from $54 in 2006 to $16 in 2018.

In 2018, Cuba 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, Cuba ranked 82 in the Economic Complexity Index (ECI -0.42), and 159 in total exports ($1.05B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2018, Nepal exported $2.61k to Cuba. There were not main exports from Nepal to Cuba in 2018. During the last 12 years the exports of Nepal to Cuba have decreased at an annualized rate of 3.93%, from $4.22k in 2006 to $2.61k in 2018.

In 2017, Cuba exported $16 to Nepal. There were not main exports from Cuba to Nepal in 2017. During the last 5 years the exports of Cuba to Nepal have decreased at an annualized rate of 21.6%, from $54 in 2022 to $16 in 2017.

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

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

Market Competitiveness

Color
Nepal
Top Destination
India$811M
Cuba
Top Destination
China$358M

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

In 2023, countries that imported more from Nepal than Cuba included India ($811M), United States ($140M), and France ($23.7M).

In 2023, countries that imported more from Cuba than Nepal included China ($358M), Spain ($129M), and Cyprus ($42.5M).

Difference in imports from Cuba (Flag) and Nepal (Flag) (2023)

Comparative Advantage Nepal - Cuba

Flow
Scale

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

During 2018, Nepal had a large net trade with Cuba in the exports of .

During 2017, Cuba had a large net trade with Nepal in the exports of .

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Nepal and Cuba. This means that a dot/product with the flag of Nepal indicates it has a comparative advantage over Cuba. Similarly, a dot/product with the flag of Cuba indicates it has a comparative advantage over Nepal.

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

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