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Pricing

2022
Flag → Flag
Exports $631kRnk 44 / 149
2022
Flag → Flag
Top Product $289kNon-Knit Women's Suits
2022
Flag → Flag
Exports $815kRnk 165 / 205
2022
Flag → Flag
Top Product $174kChemical Analysis Instruments
2022
Flag
Economic Complexity (ECI) ECI 1.38Rnk 14 / 133
2022
Flag  
GDP$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH88.1%CURRENT US$
Rnk 21 / 186
2022
Flag
 GDP$179BCURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP GROWTH38.8%CURRENT US$
Rnk 86 / 186
2022
Flag
GDP PC $1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH68.3%CURRENT US$
Rnk 18 / 186
2022
Flag
GDP PC$18,463CURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP PC GROWTH42.2%CURRENT US$
Rnk 44 / 186

About

Nepal-Hungary Trade: In 2022, Nepal exported $631k to Hungary. The main products that Nepal exported to Hungary were Non-Knit Women's Suits ($289k), Percussion ($116k), and Bells and Other Metal Ornaments ($50.3k). Over the past 5 years the exports of Nepal to Hungary have increased at an annualized rate of 8.23%, from $425k in 2017 to $631k in 2022.

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

Hungary-Nepal Trade: In 2022, Hungary exported $815k to Nepal. The main products that Hungary exported to Nepal were Chemical Analysis Instruments ($174k), Other Heating Machinery ($49.9k), and Computers ($47.3k). Over the past 5 years the exports of Hungary to Nepal have decreased at an annualized rate of 2.58%,  from $929k in 2017 to $815k in 2022.

In 2022, Hungary 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, Hungary ranked 14 in the Economic Complexity Index (ECI 1.38), and 35 in total exports ($145B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nepal exported $631k to Hungary. The main products exported from Nepal to Hungary were Non-Knit Women's Suits ($289k), Percussion ($116k), and Bells and Other Metal Ornaments ($50.3k). During the last 5 years the exports of Nepal to Hungary have increased at an annualized rate of 8.23%, from $425k in 2017 to $631k in 2022.

In 2017, Hungary exported $815k to Nepal. The main products exported from Hungary to Nepal were Chemical Analysis Instruments ($174k), Other Heating Machinery ($49.9k), and Computers ($47.3k). During the last 5 years the exports of Hungary to Nepal have decreased at an annualized rate of 2.58%, from $929k in 2022 to $815k in 2017.

Exports from Nepal (Flag) to Hungary (Flag) (2022)

Exports from Hungary (Flag) to Nepal (Flag) (2022)

Latest Data

Trade between Nepal (Flag) and Hungary (Flag)

Hungary Exports

Market Competitiveness

Color
Nepal
Top DestinationIndia$956M
Hungary
Top DestinationGermany$35.5B

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

In 2022, countries that imported more from Nepal than Hungary included India ($956M), Central African Republic ($8.88M), and Bhutan ($3.99M).

In 2022, countries that imported more from Hungary than Nepal included Germany ($35.5B), Italy ($8.02B), and Romania ($7.94B).

Difference in imports from Hungary (Flag) and Nepal (Flag) (2022)

Comparative Advantage Nepal - Hungary

Flow
Scale

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

During 2022, Nepal had a large net trade with Hungary in the exports of Textiles ($335k), Instruments ($119k), and Metals ($74.1k).

During 2017, Hungary had a large net trade with Nepal in the exports of Machines ($302k), Instruments ($219k), and Transportation ($59.9k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Hungary+$252kNon-Knit Women's Suits
Top Product Potential Hungary Nepal+$252kComputers

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

Product Space of Nepal (Flag) and Hungary (Flag) (2022)

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