NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $56.5kRnk 67 / 111
2023
Flag → Flag
Top Product $16.7kKnotted Carpets
2023
Flag → Flag
Exports $45.3kRnk 176 / 192
2023
Flag → Flag
Top Product $34kElectrical Transformers
2023
Flag  
GDP$40.9BCURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP GROWTH84.6%CURRENT US$
Rnk 26 / 195
2023
Flag
 GDP$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH62.2%CURRENT US$
Rnk 49 / 195
2023
Flag
GDP PC $1,378CURRENT US$
Rnk 169 / 195
2013-2023
Flag
GDP PC GROWTH71.5%CURRENT US$
Rnk 24 / 195
2023
Flag
GDP PC$30,133CURRENT US$
Rnk 47 / 196
2013-2023
Flag
GDP PC GROWTH56%CURRENT US$
Rnk 35 / 195

About

Nepal-Estonia Trade: In 2023, Nepal exported $56.5k to Estonia. The main products that Nepal exported to Estonia were Knotted Carpets ($16.7k), Non-Knit Women's Suits ($14.9k), and Shaving Products ($5.42k). Over the past 5 years the exports of Nepal to Estonia have decreased at an annualized rate of 9.15%, from $91.4k in 2018 to $56.5k in 2023.

In 2023, Nepal did not export any services to Estonia.

Estonia-Nepal Trade: In 2023, Estonia exported $45.3k to Nepal. The main products that Estonia exported to Nepal were Electrical Transformers ($34k), Unsaturated Acyclic Monocarboxylic Acids ($4.44k), and Other Plastic Products ($3.27k). Over the past 5 years the exports of Estonia to Nepal have increased at an annualized rate of 1.05%,  from $43k in 2018 to $45.3k in 2023.

In 2023, Estonia did not export any services to Nepal.

Comparison In 2023,  Nepal ranked 156 in total exports ($1.21B). That same year, Estonia ranked 79 in total exports ($20B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Nepal exported $56.5k to Estonia. The main products exported from Nepal to Estonia were Knotted Carpets ($16.7k), Non-Knit Women's Suits ($14.9k), and Shaving Products ($5.42k). During the last 5 years the exports of Nepal to Estonia have decreased at an annualized rate of 9.15%, from $91.4k in 2018 to $56.5k in 2023.

In 2018, Estonia exported $45.3k to Nepal. The main products exported from Estonia to Nepal were Electrical Transformers ($34k), Unsaturated Acyclic Monocarboxylic Acids ($4.44k), and Other Plastic Products ($3.27k). During the last 5 years the exports of Estonia to Nepal have increased at an annualized rate of 1.05%, from $43k in 2023 to $45.3k in 2018.

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

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

Latest Data

Trade between Nepal (Flag) and Estonia (Flag)

Estonia Exports

Market Competitiveness

Color
Nepal
Top DestinationIndia$811M
Estonia
Top DestinationFinland$2.71B

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

In 2023, countries that imported more from Nepal than Estonia included India ($811M), Burma ($184k), and Lesotho ($16.2k).

In 2023, countries that imported more from Estonia than Nepal included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

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

Comparative Advantage Nepal - Estonia

Flow
Scale

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

During 2023, Nepal had a large net trade with Estonia in the exports of Textiles ($42.1k), Chemical Products ($7.06k), and Paper Goods ($3.42k).

During 2018, Estonia had a large net trade with Nepal in the exports of Machines ($36.8k), Chemical Products ($4.44k), and Plastics and Rubbers ($3.27k).

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms