2023
npl  
GDP
40908073366.84552CURRENT US$
Rnk 102 / 195
2013-2023
npl
GDP GROWTH
84.58485293351046%CURRENT US$
Rnk 26 / 195
2023
eth
 GDP
163697927593.98236CURRENT US$
Rnk 59 / 195
2013-2023
eth
GDP GROWTH
243.5547710381665%CURRENT US$
Rnk 2 / 195
2023
npl
GDP PC 
$1377.6260357129252CURRENT US$
Rnk 169 / 195
2013-2023
npl
GDP PC GROWTH
71.50232544178361%CURRENT US$
Rnk 24 / 195
2023
eth
GDP PC
$1272.0162820921055CURRENT US$
Rnk 172 / 196
2013-2023
eth
GDP PC GROWTH
162.79165372297768%CURRENT US$
Rnk 3 / 195

About

Nepal-Ethiopia Trade: In 2023, Nepal exported 789 to Ethiopia. The main products that Nepal exported to Ethiopia were Vaccines, blood, antisera, toxins and cultures ($677), Scarves ($65), and Optical Fibers and optical fibre bundles ($23). Over the past 5 years the exports of Nepal to Ethiopia have increased at an annualized rate of 0.49%, from 770 in 2018 to 789 in 2023.

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

Ethiopia-Nepal Trade: In 2023, Ethiopia exported 1112163 to Nepal. The main products that Ethiopia exported to Nepal were Dried Legumes ($1.11M) and Non-Knit Men's Suits ($5.06k). Over the past 5 years the exports of Ethiopia to Nepal have increased at an annualized rate of 44.4%,  from 177029.99999999997 in 2018 to 1112163 in 2023.

In 2023, Ethiopia 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, Ethiopia ranked 101 in the Economic Complexity Index (ECI -0.84), and 137 in total exports ($3.97B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Nepal exported $789 to Ethiopia. The main products exported from Nepal to Ethiopia were Vaccines, blood, antisera, toxins and cultures ($677), Scarves ($65), and Optical Fibers and optical fibre bundles ($23). During the last 5 years the exports of Nepal to Ethiopia have increased at an annualized rate of 0.49%, from $770 in 2018 to $789 in 2023.

In 2018, Ethiopia exported $1.11M to Nepal. The main products exported from Ethiopia to Nepal were Dried Legumes ($1.11M) and Non-Knit Men's Suits ($5.06k). During the last 5 years the exports of Ethiopia to Nepal have increased at an annualized rate of 44.4%, from $177k in 2023 to $1.11M in 2018.

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

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

Latest Data

Trade between Nepal (Flag) and Ethiopia (Flag)

Ethiopia Exports

Market Competitiveness

Color
Nepal
Top Destination
India$811M
Ethiopia
Top Destination
United States$487M

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

In 2023, countries that imported more from Nepal than Ethiopia included India ($811M), Denmark ($7.42M), and Maldives ($193k).

In 2023, countries that imported more from Ethiopia than Nepal included China ($402M), United States ($487M), and United Arab Emirates ($314M).

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

Comparative Advantage Nepal - Ethiopia

Flow
Scale

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

During 2023, Nepal had a large net trade with Ethiopia in the exports of Chemical Products ($677), Textiles ($65), and Instruments ($41).

During 2018, Ethiopia had a large net trade with Nepal in the exports of Vegetable Products ($1.11M) and Textiles ($5.06k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Ethiopia+$6.89kNon-Knit Women's Suits
Top Product Potential Ethiopia Nepal+$846kDried Legumes

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

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

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