2022
Flag  
GDP
$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH
88.1%CURRENT US$
Rnk 21 / 186
2022
Flag
 GDP
$688BCURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP GROWTH
39%CURRENT US$
Rnk 85 / 186
2022
Flag
GDP PC 
$1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH
68.3%CURRENT US$
Rnk 18 / 186
2022
Flag
GDP PC
$18,321CURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP PC GROWTH
40.8%CURRENT US$
Rnk 47 / 186

About

Nepal-Poland Trade: In 2022, Nepal exported $1.45M to Poland. The main products that Nepal exported to Poland were Felt ($267k), Non-Knit Women's Suits ($192k), and Non-Knit Men's Suits ($133k). Over the past 5 years the exports of Nepal to Poland have increased at an annualized rate of 29.1%, from $404k in 2017 to $1.45M in 2022.

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

Poland-Nepal Trade: In 2022, Poland exported $15M to Nepal. The main products that Poland exported to Nepal were Razor Blades ($7.53M), Seed Oils ($4.02M), and Coin ($1.23M). Over the past 5 years the exports of Poland to Nepal have increased at an annualized rate of 4.96%,  from $8.39M in 2017 to $15M in 2022.

In 2022, Poland 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, Poland ranked 28 in the Economic Complexity Index (ECI 0.99), and 24 in total exports ($346B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nepal exported $1.45M to Poland. The main products exported from Nepal to Poland were Felt ($267k), Non-Knit Women's Suits ($192k), and Non-Knit Men's Suits ($133k). During the last 5 years the exports of Nepal to Poland have increased at an annualized rate of 29.1%, from $404k in 2017 to $1.45M in 2022.

In 2017, Poland exported $15M to Nepal. The main products exported from Poland to Nepal were Razor Blades ($7.53M), Seed Oils ($4.02M), and Coin ($1.23M). During the last 5 years the exports of Poland to Nepal have increased at an annualized rate of 4.96%, from $8.39M in 2022 to $15M in 2017.

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

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

Market Competitiveness

Color
Nepal
Top Destination
India$956M
Poland
Top Destination
Germany$93.1B

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

In 2022, countries that imported more from Nepal than Poland included Central African Republic ($8.88M), Bhutan ($3.99M), and Saint Helena ($435).

In 2022, countries that imported more from Poland than Nepal included Germany ($93.1B), Czechia ($22.4B), and France ($19.8B).

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

Comparative Advantage Nepal - Poland

Flow
Scale

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

During 2022, Nepal had a large net trade with Poland in the exports of Textiles ($1.05M), Metals ($124k), and Arts and Antiques ($50k).

During 2017, Poland had a large net trade with Nepal in the exports of Metals ($7.94M), Animal and Vegetable Bi-Products ($4.02M), and Precious Metals ($1.23M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Poland+$689kNon-Knit Women's Suits
Top Product Potential Poland Nepal+$978kComputers

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

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

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