Nepal (NPL) and Czechia (CZE) Trade | The Observatory of Economic Complexity

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Nepal-Czechia Trade: In 2022, Nepal exported $3.15M to Czechia. The main products that Nepal exported to Czechia were Non-Knit Women's Suits ($1.09M), Other Hand Tools ($494k), and Tea ($190k). Over the past 5 years the exports of Nepal to Czechia have increased at an annualized rate of 3.53%, from $2.65M in 2017 to $3.15M in 2022.

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

Czechia-Nepal Trade: In 2022, Czechia exported $10.9M to Nepal. The main products that Czechia exported to Nepal were Integrated Circuits ($6.23M), Spark-Ignition Engines ($674k), and Gas Turbines ($540k). Over the past 5 years the exports of Czechia to Nepal have decreased at an annualized rate of 4.34%, from $13.6M in 2017 to $10.9M in 2022.

In 2022, Czechia 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, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Nepal exported $3.15M to Czechia. The main products exported from Nepal to Czechia were Non-Knit Women's Suits ($1.09M), Other Hand Tools ($494k), and Tea ($190k). During the last 5 years the exports of Nepal to Czechia have increased at an annualized rate of 3.53%, from $2.65M in 2017 to $3.15M in 2022.

In 2017, Czechia exported $10.9M to Nepal. The main products exported from Czechia to Nepal were Integrated Circuits ($6.23M), Spark-Ignition Engines ($674k), and Gas Turbines ($540k). During the last 5 years the exports of Czechia to Nepal have decreased at an annualized rate of 4.34%, from $13.6M in 2022 to $10.9M in 2017.

Exports from Nepal () to Czechia () (2022)

Exports from Czechia () to Nepal () (2022)

Latest Data

Trade between Nepal () and Czechia ()

Czechia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nepal
Top DestinationIndia$956M

Czechia
Top DestinationGermany$75.3B

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

In 2022, countries that imported more from Nepal than Czechia included Central African Republic ($8.88M) and Bhutan ($3.99M).

In 2022, countries that imported more from Czechia than Nepal included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

Difference in imports from Czechia () and Nepal () (2022)

Comparative Advantage Nepal - Czechia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Nepal had a large net trade with Czechia in the exports of N/A.

During 2017, Czechia had a large net trade with Nepal in the exports of Machines ($8.85M), Instruments ($444k), and Transportation ($431k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Nepal Czechia+$740kNon-Knit Women's Suits

Top Product Potential Czechia Nepal+$1.08MTelephones

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

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Historical Data

Bilateral Trade by Products

Exports from Nepal () to Czechia () (2022)

Exports from Czechia () to Nepal () (2022)

Latest Data

Trade between Nepal () and Czechia ()

Czechia Exports

Market Competitiveness

Difference in imports from Czechia () and Nepal () (2022)

Comparative Advantage Nepal - Czechia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Nepal () and Czechia () (2022)

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