Nepal / South Korea

Nepal-South Korea Trade: In 2022, Nepal exported $2.51M to South Korea. The main products that Nepal exported to South Korea were Felt ($641k), Fake Hair ($508k), and Raw Tobacco ($315k). Over the past 5 years the exports of Nepal to South Korea have increased at an annualized rate of 43.1%, from $418k in 2017 to $2.51M in 2022.

In 2022, Nepal did not export any services to South Korea.

South Korea-Nepal Trade: In 2022, South Korea exported $83.1M to Nepal. The main products that South Korea exported to Nepal were Cars ($12.5M), Medical Instruments ($4.16M), and Gold ($3.53M). Over the past 5 years the exports of South Korea to Nepal have increased at an annualized rate of 44%,  from $13.4M in 2017 to $83.1M in 2022.

In 2022, South Korea 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, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).