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2022
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Exports $11.3MRnk 11 / 149
2022
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Top Product $4.28MKnotted Carpets
2022
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Exports $29.4MRnk 156 / 221
2022
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Top Product $6.72MSoybean Oil
2022
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Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
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GDP$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
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GDP GROWTH88.1%CURRENT US$
Rnk 21 / 186
2022
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 GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
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GDP PC $1,337CURRENT US$
Rnk 160 / 186
2012-2022
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GDP PC GROWTH68.3%CURRENT US$
Rnk 18 / 186
2022
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GDP PC$34,158CURRENT US$
Rnk 30 / 186
2012-2022
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GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186

About

Nepal-Italy In 2022, Nepal exported $11.3M to Italy. The main products that Nepal exported to Italy are Knotted Carpets ($4.28M), Knit Sweaters ($1.86M), and Knit Women's Suits ($745k). During the last 27 years the exports of Nepal to Italy have increased at an annualized rate of 1.69%, from $7.19M in 1995 to $11.3M in 2022.

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

Italy-Nepal In 2022, Italy exported $29.4M to Nepal. The main products that Italy exported to Nepal were Soybean Oil ($6.72M), Eyewear ($1.84M), and Other Heating Machinery ($1.41M). During the last 27 years the exports of Italy to Nepal have increased at an annualized rate of 8.84%, from $2.99M in 1995 to $29.4M in 2022.

In 2022, Italy 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nepal exported $11.3M to Italy. The main products exported from Nepal to Italy were Knotted Carpets ($4.28M), Knit Sweaters ($1.86M), and Knit Women's Suits ($745k). During the last 27 years the exports of Nepal to Italy have increased at an annualized rate of 1.69%, from $7.19M in 1995 to $11.3M in 2022.

In 2022, Italy exported $29.4M to Nepal. The main products exported from Italy to Nepal were Soybean Oil ($6.72M), Eyewear ($1.84M), and Other Heating Machinery ($1.41M). During the last 27 years the exports of Italy to Nepal have increased at an annualized rate of 8.84%, from $2.99M in 1995 to $29.4M in 2022.

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

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

Latest Data

Trade between Nepal (Flag) and Italy (Flag)

Italy Exports

Market Competitiveness

Color
Nepal
Top DestinationIndia$956M
Italy
Top DestinationGermany$78.5B

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

In 2021, countries that imported more from Nepal than Italy were Bhutan ($3.99M).

In 2021, countries that imported more from Italy than Nepal were Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

Comparative Advantage Nepal - Italy

Flow
Scale

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

During 2022, Nepal had a large net trade with Italy in the exports of Textiles ($9.16M), Animal Hides ($551k), and Foodstuffs ($445k).

During 2022, Italy had a large net trade with Nepal in the exports of Machines ($7.59M), Animal and Vegetable Bi-Products ($6.87M), and Instruments ($4.25M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Nepal has comparative advantage over Italy. Similarly, the more yellow a dot/product is, the more Italy has comparative advantage over Nepal.

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

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