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2023
Flag → Flag
Exports $1.69MRnk 27 / 111
2023
Flag → Flag
Top Product $1.07MEquine and Bovine Hides
2023
Flag → Flag
Exports $18MRnk 141 / 213
2023
Flag → Flag
Top Product $6.3MUncoated Paper
2023
Flag
Economic Complexity (ECI) ECI -0.085Rnk 65 / 132
2023
Flag  
GDP$40.9BCURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP GROWTH84.6%CURRENT US$
Rnk 26 / 195
2023
Flag
 GDP$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 75 / 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$4,876CURRENT US$
Rnk 123 / 196
2013-2023
Flag
GDP PC GROWTH36.7%CURRENT US$
Rnk 66 / 195

About

Nepal-Indonesia Trade: In 2023, Nepal exported $1.69M to Indonesia. The main products that Nepal exported to Indonesia were Equine and Bovine Hides ($1.07M), Tanned Equine and Bovine Hides ($471k), and Scarves ($27.6k). Over the past 5 years the exports of Nepal to Indonesia have increased at an annualized rate of 44.3%, from $270k in 2018 to $1.69M in 2023.

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

Indonesia-Nepal Trade: In 2023, Indonesia exported $18M to Nepal. The main products that Indonesia exported to Nepal were Uncoated Paper ($6.3M), Pepper ($1.75M), and Margarine ($1.66M). Over the past 5 years the exports of Indonesia to Nepal have decreased at an annualized rate of 32.5%,  from $128M in 2018 to $18M in 2023.

In 2023, Indonesia 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, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Nepal exported $1.69M to Indonesia. The main products exported from Nepal to Indonesia were Equine and Bovine Hides ($1.07M), Tanned Equine and Bovine Hides ($471k), and Scarves ($27.6k). During the last 5 years the exports of Nepal to Indonesia have increased at an annualized rate of 44.3%, from $270k in 2018 to $1.69M in 2023.

In 2018, Indonesia exported $18M to Nepal. The main products exported from Indonesia to Nepal were Uncoated Paper ($6.3M), Pepper ($1.75M), and Margarine ($1.66M). During the last 5 years the exports of Indonesia to Nepal have decreased at an annualized rate of 32.5%, from $128M in 2023 to $18M in 2018.

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

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

Latest Data

Trade between Nepal (Flag) and Indonesia (Flag)

Indonesia Exports

Market Competitiveness

Color
Nepal
Top DestinationIndia$811M
Indonesia
Top DestinationChina$70.7B

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

In 2023, no countries were registered that imported more from Nepal than from Indonesia.

In 2023, countries that imported more from Indonesia than Nepal included China ($70.7B), United States ($27.9B), and Japan ($23.7B).

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

Comparative Advantage Nepal - Indonesia

Flow
Scale

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

During 2023, Nepal had a large net trade with Indonesia in the exports of Animal Hides ($1.54M), Textiles ($52k), and Metals ($34.4k).

During 2018, Indonesia had a large net trade with Nepal in the exports of Paper Goods ($6.45M), Vegetable Products ($4.53M), and Animal and Vegetable Bi-Products ($2.61M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Indonesia+$194kLeather of Other Animals
Top Product Potential Indonesia Nepal+$20.2MCoal Briquettes

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

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

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