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2020
Flag → Flag
Exports $28.8kRnk 219 / 0
2020
Flag → Flag
Exports $682kRnk 18 / 0
2023
Flag
Economic Complexity (ECI) ECI 0.084Rnk 58 / 132
2023
Flag  
GDP$40.9BCURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP GROWTH84.6%CURRENT US$
Rnk 26 / 195
2023
Flag
 GDP$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH-19.1%CURRENT US$
Rnk 189 / 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$4,466CURRENT US$
Rnk 125 / 196
2013-2023
Flag
GDP PC GROWTH-28.2%CURRENT US$
Rnk 186 / 195

About

Nepal-Iran Trade: In 2020, Nepal exported $28.8k to Iran. The main products that Nepal exported to Iran were N/A. Over the past 6 years the exports of Nepal to Iran have decreased at an annualized rate of 30.9%, from $264k in 2014 to $28.8k in 2020.

In 2020, Nepal did not export any services to Iran.

Iran-Nepal Trade: In 2020, Iran exported $682k to Nepal. The main products that Iran exported to Nepal were N/A. Over the past 6 years the exports of Iran to Nepal have increased at an annualized rate of 2.94%,  from $442k in 2014 to $682k in 2020.

In 2020, Iran 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, Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Nepal exported $28.8k to Iran. There were not main exports from Nepal to Iran in 2020. During the last 6 years the exports of Nepal to Iran have decreased at an annualized rate of 30.9%, from $264k in 2014 to $28.8k in 2020.

In 2017, Iran exported $682k to Nepal. There were not main exports from Iran to Nepal in 2017. During the last 5 years the exports of Iran to Nepal have increased at an annualized rate of 2.94%, from $442k in 2022 to $682k in 2017.

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

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

Market Competitiveness

Color
Nepal
Top DestinationIndia$811M
Iran
Top DestinationChina$4.59B

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

In 2023, countries that imported more from Nepal than Iran included United States ($140M), France ($23.7M), and Singapore ($5.71M).

In 2023, countries that imported more from Iran than Nepal included China ($4.59B), Turkey ($2.18B), and Pakistan ($943M).

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

Comparative Advantage Nepal - Iran

Flow
Scale

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

During 2020, Nepal had a large net trade with Iran in the exports of .

During 2017, Iran had a large net trade with Nepal in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Iran+$3.96kPalm Oil
Top Product Potential Iran Nepal+$28.4kOther Fruits

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

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

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