Nepal (NPL) and British Indian Ocean Territory (IOT) Trade | The Observatory of Economic Complexity

About

In N/A, Nepal did not export any services to British Indian Ocean Territory.

British Indian Ocean Territory-Nepal Trade: In N/A, British Indian Ocean Territory exported $24 to Nepal. The main products that British Indian Ocean Territory exported to Nepal were Non-Retail Synthetic Staple Fibers Yarn ($24). Over the past N/A years the exports of British Indian Ocean Territory to Nepal have decreased at an annualized rate of 48.5%, from $661 in N/A to $24 in N/A.

In N/A, British Indian Ocean Territory did not export any services to Nepal.

Comparison In 2022, Nepal ranked 153 in total exports ($1.43B). That same year, British Indian Ocean Territory ranked 221 in total exports ($5.8M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Nepal does not register exports to British Indian Ocean Territory.

In 2017, British Indian Ocean Territory exported $24 to Nepal. The main products exported from British Indian Ocean Territory to Nepal were Non-Retail Synthetic Staple Fibers Yarn ($24). During the last 5 years the exports of British Indian Ocean Territory to Nepal have decreased at an annualized rate of 48.5%, from $661 in 2022 to $24 in 2017.

Exports from Nepal () to British Indian Ocean Territory () (2022)

Exports from British Indian Ocean Territory () to Nepal () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nepal
Top DestinationIndia$956M

British Indian Ocean Territory
Top DestinationSingapore$4.42M

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

In 2022, countries that imported more from Nepal than British Indian Ocean Territory included India ($956M), United States ($152M), and Germany ($43M).

In 2022, countries that imported more from British Indian Ocean Territory than Nepal included Uzbekistan ($280k), Colombia ($27.1k), and Botswana ($64).

Difference in imports from British Indian Ocean Territory () and Nepal () (2022)

Comparative Advantage Nepal - British Indian Ocean Territory

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Nepal and British Indian Ocean Territory by product, considering products traded by both, Nepal and British Indian Ocean Territory.

During 2017, British Indian Ocean Territory had a large net trade with Nepal in the exports of Textiles ($24).

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Nepal and British Indian Ocean Territory. This means that a dot/product with the flag of Nepal indicates it has a comparative advantage over British Indian Ocean Territory. Similarly, a dot/product with the flag of British Indian Ocean Territory indicates it has a comparative advantage over Nepal.

About

Historical Data

Bilateral Trade by Products

Exports from Nepal () to British Indian Ocean Territory () (2022)

Exports from British Indian Ocean Territory () to Nepal () (2022)

Market Competitiveness

Difference in imports from British Indian Ocean Territory () and Nepal () (2022)

Comparative Advantage Nepal - British Indian Ocean Territory

Economic Complexity

Competitive Landscape

Product Space of Nepal () and British Indian Ocean Territory () (2022)

Keep Exploring