2022
Flag  
GDP
$40.8BCURRENT US$
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2012-2022
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GDP GROWTH
88.1%CURRENT US$
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2022
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 GDP
$1.32TCURRENT US$
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2012-2022
Flag
GDP GROWTH
43.7%CURRENT US$
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2022
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GDP PC 
$1,337CURRENT US$
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2012-2022
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GDP PC GROWTH
68.3%CURRENT US$
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2022
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GDP PC
$4,788CURRENT US$
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2012-2022
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GDP PC GROWTH
30.5%CURRENT US$
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About

Nepal-Indonesia Trade: In 2022, Nepal exported $1.04M to Indonesia. The main products that Nepal exported to Indonesia were Tanned Equine and Bovine Hides ($729k), Equine and Bovine Hides ($120k), and Paper Containers ($24.6k). Over the past 5 years the exports of Nepal to Indonesia have increased at an annualized rate of 34.8%, from $234k in 2017 to $1.04M in 2022.

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

Indonesia-Nepal Trade: In 2022, Indonesia exported $297M to Nepal. The main products that Indonesia exported to Nepal were Palm Oil ($176M), Nitrogenous Fertilizers ($21.7M), and Coal Briquettes ($19.6M). Over the past 5 years the exports of Indonesia to Nepal have increased at an annualized rate of 23.7%,  from $103M in 2017 to $297M in 2022.

In 2022, Indonesia 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, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nepal exported $1.04M to Indonesia. The main products exported from Nepal to Indonesia were Tanned Equine and Bovine Hides ($729k), Equine and Bovine Hides ($120k), and Paper Containers ($24.6k). During the last 5 years the exports of Nepal to Indonesia have increased at an annualized rate of 34.8%, from $234k in 2017 to $1.04M in 2022.

In 2017, Indonesia exported $297M to Nepal. The main products exported from Indonesia to Nepal were Palm Oil ($176M), Nitrogenous Fertilizers ($21.7M), and Coal Briquettes ($19.6M). During the last 5 years the exports of Indonesia to Nepal have increased at an annualized rate of 23.7%, from $103M in 2022 to $297M in 2017.

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

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

Latest Data

Trade between Nepal (Flag) and Indonesia (Flag)

Indonesia Exports

Market Competitiveness

Color
Nepal
Top Destination
India$956M
Indonesia
Top Destination
China$67.7B

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 2022, countries that imported more from Nepal than Indonesia included Central African Republic ($8.88M).

In 2022, countries that imported more from Indonesia than Nepal included China ($67.7B), United States ($31.6B), and Japan ($26.6B).

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

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 2022, Nepal had a large net trade with Indonesia in the exports of Animal Hides ($848k), Textiles ($47.7k), and Vegetable Products ($40.6k).

During 2017, Indonesia had a large net trade with Nepal in the exports of Animal and Vegetable Bi-Products ($183M), Chemical Products ($24.8M), and Metals ($21.5M).

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) (2022)

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