Nepal (NPL) and Greece (GRC) Trade | The Observatory of Economic Complexity

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Nepal-Greece Trade: In 2023, Nepal exported $233k to Greece. The main products that Nepal exported to Greece were Animal Food ($26.8k), Knotted Carpets ($24.1k), and Knitted Hats ($21.2k). Over the past 5 years the exports of Nepal to Greece have increased at an annualized rate of 0.48%, from $227k in 2018 to $233k in 2023.

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

Greece-Nepal Trade: In 2023, Greece exported $463k to Nepal. The main products that Greece exported to Nepal were Packaged Medicaments ($271k), Other Plastic Products ($73.3k), and Marble, Travertine and Alabaster ($32.9k). Over the past 5 years the exports of Greece to Nepal have decreased at an annualized rate of 0.41%, from $475k in 2018 to $463k in 2023.

In 2023, Greece 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, Greece ranked 46 in the Economic Complexity Index (ECI 0.4), and 56 in total exports ($53.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Nepal exported $233k to Greece. The main products exported from Nepal to Greece were Animal Food ($26.8k), Knotted Carpets ($24.1k), and Knitted Hats ($21.2k). During the last 5 years the exports of Nepal to Greece have increased at an annualized rate of 0.48%, from $227k in 2018 to $233k in 2023.

In 2018, Greece exported $463k to Nepal. The main products exported from Greece to Nepal were Packaged Medicaments ($271k), Other Plastic Products ($73.3k), and Marble, Travertine and Alabaster ($32.9k). During the last 5 years the exports of Greece to Nepal have decreased at an annualized rate of 0.41%, from $475k in 2023 to $463k in 2018.

Exports from Nepal () to Greece () (2023)

Exports from Greece () to Nepal () (2023)

Latest Data

Trade between Nepal () and Greece ()

Greece Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nepal
Top DestinationIndia$811M

Greece
Top DestinationItaly$6.21B

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

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

In 2023, countries that imported more from Greece than Nepal included Italy ($6.21B), Cyprus ($3.03B), and Germany ($3.06B).

Difference in imports from Greece () and Nepal () (2023)

Comparative Advantage Nepal - Greece

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Nepal had a large net trade with Greece in the exports of Textiles ($146k), Foodstuffs ($26.8k), and Footwear and Headwear ($21.2k).

During 2018, Greece had a large net trade with Nepal in the exports of Chemical Products ($273k), Plastics and Rubbers ($73.4k), and Mineral Products ($33.3k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Nepal Greece+$211kNon-Knit Women's Suits

Top Product Potential Greece Nepal+$961kPackaged Medicaments

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

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Historical Data

Bilateral Trade by Products

Exports from Nepal () to Greece () (2023)

Exports from Greece () to Nepal () (2023)

Latest Data

Trade between Nepal () and Greece ()

Greece Exports

Market Competitiveness

Difference in imports from Greece () and Nepal () (2023)

Comparative Advantage Nepal - Greece

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Nepal () and Greece () (2023)

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