Nepal (NPL) and North Korea (PRK) Trade | The Observatory of Economic Complexity

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Nepal (NPL) and North Korea (PRK) Trade

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Exports $486kRnk 83 / 0

2022

GDP$40.8BCURRENT US$
Rnk 98 / 186

2012-2022

GDP GROWTH88.1%CURRENT US$
Rnk 21 / 186

2022

GDP PC $1,337CURRENT US$
Rnk 160 / 186

2012-2022

GDP PC GROWTH68.3%CURRENT US$
Rnk 18 / 186

Image 1

Image by Jana Reifegerste
Link: https://flic.kr/p/neTpDu

Image 2

Image by Roman Harak
Link: https://flic.kr/p/8Dbtxa

Historical Data
Economic Complexity

About

In N/A, Nepal did not export any services to North Korea.

North Korea-Nepal Trade: In N/A, North Korea exported $486k to Nepal. The main products that North Korea exported to Nepal were N/A. Over the past N/A years the exports of North Korea to Nepal have increased at an annualized rate of 0.52%, from $474k in N/A to $486k in N/A.

In N/A, North Korea did not export any services to Nepal.

Comparison In 2022, Nepal ranked 153 in total exports ($1.43B). That same year, North Korea ranked 182 in total exports ($248M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Nepal does not register exports to North Korea.

In 2016, North Korea exported $486k to Nepal. There were not main exports from North Korea to Nepal in 2016. During the last 5 years the exports of North Korea to Nepal have increased at an annualized rate of 0.52%, from $474k in 2021 to $486k in 2016.

Exports from Nepal () to North Korea () (2021)

Exports from North Korea () to Nepal () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nepal
Top DestinationIndia$956M

North Korea
Top DestinationChina$131M

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

In 2022, countries that imported more from Nepal than North Korea included India ($956M), United States ($152M), and Germany ($43M).

In 2022, countries that imported more from North Korea than Nepal included China ($131M), Senegal ($26.9M), and Nigeria ($14M).

Difference in imports from North Korea () and Nepal () (2022)

Comparative Advantage Nepal - North Korea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2016, North Korea had a large net trade with Nepal in the exports of .

Economic Complexity

Competitive Landscape

Year

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

Product Space of Nepal () and North Korea () (2021)

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