2022
Flag  
GDP
$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
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GDP GROWTH
88.1%CURRENT US$
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2022
Flag
 GDP
$360BCURRENT US$
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2012-2022
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GDP GROWTH
37%CURRENT US$
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2022
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GDP PC 
$1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH
68.3%CURRENT US$
Rnk 18 / 186
2022
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GDP PC
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
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GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186

About

Nepal-Hong Kong Trade: In 2022, Nepal exported $5.73M to Hong Kong. The main products that Nepal exported to Hong Kong were Telephones ($1.75M), Perfume Plants ($1.1M), and Essential Oils ($733k). Over the past 5 years the exports of Nepal to Hong Kong have increased at an annualized rate of 15%, from $2.85M in 2017 to $5.73M in 2022.

In 2022, Nepal did not export any services to Hong Kong.

Hong Kong-Nepal Trade: In 2022, Hong Kong exported $20.1M to Nepal. The main products that Hong Kong exported to Nepal were Jewellery ($6.12M), Silver ($4.05M), and Gold ($3.9M). Over the past 5 years the exports of Hong Kong to Nepal have decreased at an annualized rate of 18.6%,  from $85M in 2017 to $20.1M in 2022.

In 2022, Hong Kong 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, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nepal exported $5.73M to Hong Kong. The main products exported from Nepal to Hong Kong were Telephones ($1.75M), Perfume Plants ($1.1M), and Essential Oils ($733k). During the last 5 years the exports of Nepal to Hong Kong have increased at an annualized rate of 15%, from $2.85M in 2017 to $5.73M in 2022.

In 2017, Hong Kong exported $20.1M to Nepal. The main products exported from Hong Kong to Nepal were Jewellery ($6.12M), Silver ($4.05M), and Gold ($3.9M). During the last 5 years the exports of Hong Kong to Nepal have decreased at an annualized rate of 18.6%, from $85M in 2022 to $20.1M in 2017.

Exports from Nepal (Flag) to Hong Kong (Flag) (2022)

Exports from Hong Kong (Flag) to Nepal (Flag) (2022)

Latest Data

Trade between Nepal (Flag) and Hong Kong (Flag)

Hong Kong Exports

Market Competitiveness

Color
Nepal
Top Destination
India$956M
Hong Kong
Top Destination
China$23.4B

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

In 2022, countries that imported more from Nepal than Hong Kong included Central African Republic ($8.88M), Bhutan ($3.99M), and New Caledonia ($88k).

In 2022, countries that imported more from Hong Kong than Nepal included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

Difference in imports from Hong Kong (Flag) and Nepal (Flag) (2022)

Comparative Advantage Nepal - Hong Kong

Flow
Scale

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

During 2022, Nepal had a large net trade with Hong Kong in the exports of Machines ($1.78M), Chemical Products ($1.3M), and Vegetable Products ($1.22M).

During 2017, Hong Kong had a large net trade with Nepal in the exports of Precious Metals ($14.1M), Instruments ($3.17M), and Machines ($1.45M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Hong Kong+$1.92MTelephones
Top Product Potential Hong Kong Nepal+$5.4MGold

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

Product Space of Nepal (Flag) and Hong Kong (Flag) (2022)

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