2023
Flag  
GDP
$40.9BCURRENT US$
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2013-2023
Flag
GDP GROWTH
84.6%CURRENT US$
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2023
Flag
 GDP
$514BCURRENT US$
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2013-2023
Flag
GDP GROWTH
72.6%CURRENT US$
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2023
Flag
GDP PC 
$1,378CURRENT US$
Rnk 169 / 195
2013-2023
Flag
GDP PC GROWTH
71.5%CURRENT US$
Rnk 24 / 195
2023
Flag
GDP PC
$52,642CURRENT US$
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2013-2023
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GDP PC GROWTH
42.5%CURRENT US$
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About

Nepal-Israel Trade: In 2023, Nepal exported $455k to Israel. The main products that Nepal exported to Israel were Trunks and Cases ($92k), Other Measuring Instruments ($76k), and Knotted Carpets ($70k). Over the past 5 years the exports of Nepal to Israel have decreased at an annualized rate of 10.9%, from $811k in 2018 to $455k in 2023.

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

Israel-Nepal Trade: In 2023, Israel exported $2.22M to Nepal. The main products that Israel exported to Nepal were Packaged Medicaments ($1.34M), Broadcasting Equipment ($507k), and Telephones ($232k). Over the past 5 years the exports of Israel to Nepal have decreased at an annualized rate of 33.7%,  from $17.3M in 2018 to $2.22M in 2023.

In 2023, Israel 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, Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Nepal exported $455k to Israel. The main products exported from Nepal to Israel were Trunks and Cases ($92k), Other Measuring Instruments ($76k), and Knotted Carpets ($70k). During the last 5 years the exports of Nepal to Israel have decreased at an annualized rate of 10.9%, from $811k in 2018 to $455k in 2023.

In 2018, Israel exported $2.22M to Nepal. The main products exported from Israel to Nepal were Packaged Medicaments ($1.34M), Broadcasting Equipment ($507k), and Telephones ($232k). During the last 5 years the exports of Israel to Nepal have decreased at an annualized rate of 33.7%, from $17.3M in 2023 to $2.22M in 2018.

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

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

Latest Data

Trade between Nepal (Flag) and Israel (Flag)

Israel Exports

Market Competitiveness

Color
Nepal
Top Destination
India$811M
Israel
Top Destination
United States$20.3B

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

In 2023, countries that imported more from Nepal than Israel included Pakistan ($2.01M), Qatar ($1.89M), and Saudi Arabia ($982k).

In 2023, countries that imported more from Israel than Nepal included United States ($20.3B), China ($7.09B), and Ireland ($4.22B).

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

Comparative Advantage Nepal - Israel

Flow
Scale

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

During 2023, Nepal had a large net trade with Israel in the exports of Textiles ($103k), Instruments ($103k), and Animal Hides ($92k).

During 2018, Israel had a large net trade with Nepal in the exports of Chemical Products ($1.34M), Machines ($820k), and Vegetable Products ($19k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Israel+$96.9kNon-Knit Women's Suits
Top Product Potential Israel Nepal+$657kMedical Instruments

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

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

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