Nepal (NPL) and Kuwait (KWT) Trade | The Observatory of Economic Complexity

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Nepal-Kuwait Trade: In 2023, Nepal exported $406k to Kuwait. The main products that Nepal exported to Kuwait were Knotted Carpets ($200k), Pasta ($62k), and Non-Knit Women's Suits ($23.5k). Over the past 5 years the exports of Nepal to Kuwait have decreased at an annualized rate of 5.23%, from $531k in 2018 to $406k in 2023.

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

Kuwait-Nepal Trade: In 2023, Kuwait exported $146k to Nepal. The main products that Kuwait exported to Nepal were Used Clothing ($146k). Over the past 5 years the exports of Kuwait to Nepal have decreased at an annualized rate of 7.9%, from $220k in 2018 to $146k in 2023.

In 2023, Kuwait 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, Kuwait ranked 53 in the Economic Complexity Index (ECI 0.21), and 47 in total exports ($71B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Nepal exported $406k to Kuwait. The main products exported from Nepal to Kuwait were Knotted Carpets ($200k), Pasta ($62k), and Non-Knit Women's Suits ($23.5k). During the last 5 years the exports of Nepal to Kuwait have decreased at an annualized rate of 5.23%, from $531k in 2018 to $406k in 2023.

In 2018, Kuwait exported $146k to Nepal. The main products exported from Kuwait to Nepal were Used Clothing ($146k). During the last 5 years the exports of Kuwait to Nepal have decreased at an annualized rate of 7.9%, from $220k in 2023 to $146k in 2018.

Exports from Nepal () to Kuwait () (2023)

Exports from Kuwait () to Nepal () (2023)

Latest Data

Trade between Nepal () and Kuwait ()

Kuwait Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nepal
Top DestinationIndia$811M

Kuwait
Top DestinationChina$17.4B

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

In 2023, countries that imported more from Nepal than Kuwait included Australia ($12.5M), Finland ($764k), and Israel ($455k).

In 2023, countries that imported more from Kuwait than Nepal included China ($17.4B), Japan ($9.13B), and India ($9.51B).

Difference in imports from Kuwait () and Nepal () (2023)

Comparative Advantage Nepal - Kuwait

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Nepal had a large net trade with Kuwait in the exports of Textiles ($279k), Foodstuffs ($76.4k), and Miscellaneous ($25.8k).

During 2018, Kuwait had a large net trade with Nepal in the exports of Textiles ($146k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Nepal Kuwait+$156kNon-Knit Women's Suits

Top Product Potential Kuwait Nepal+$4.58MRefined Petroleum

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Nepal () to Kuwait () (2023)

Exports from Kuwait () to Nepal () (2023)

Latest Data

Trade between Nepal () and Kuwait ()

Kuwait Exports

Market Competitiveness

Difference in imports from Kuwait () and Nepal () (2023)

Comparative Advantage Nepal - Kuwait

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Nepal () and Kuwait () (2023)

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