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2022
Flag → Flag
Exports $357kRnk 53 / 149
2022
Flag → Flag
Top Product $49.9kNon-Knit Women's Suits
2022
Flag → Flag
Exports $489kRnk 175 / 208
2022
Flag → Flag
Top Product $91.3kPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag  
GDP$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH88.1%CURRENT US$
Rnk 21 / 186
2022
Flag
 GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC $1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH68.3%CURRENT US$
Rnk 18 / 186
2022
Flag
GDP PC$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186

About

Nepal-Portugal Trade: In 2022, Nepal exported $357k to Portugal. The main products that Nepal exported to Portugal were Non-Knit Women's Suits ($49.9k), Jute and Other Textile Fibers ($27.8k), and Trunks and Cases ($27.6k). Over the past 5 years the exports of Nepal to Portugal have decreased at an annualized rate of 3.5%, from $427k in 2017 to $357k in 2022.

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

Portugal-Nepal Trade: In 2022, Portugal exported $489k to Nepal. The main products that Portugal exported to Nepal were Packaged Medicaments ($91.3k), Wine ($90.6k), and Liquid Pumps ($52k). Over the past 5 years the exports of Portugal to Nepal have decreased at an annualized rate of 15%,  from $1.1M in 2017 to $489k in 2022.

In 2022, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nepal exported $357k to Portugal. The main products exported from Nepal to Portugal were Non-Knit Women's Suits ($49.9k), Jute and Other Textile Fibers ($27.8k), and Trunks and Cases ($27.6k). During the last 5 years the exports of Nepal to Portugal have decreased at an annualized rate of 3.5%, from $427k in 2017 to $357k in 2022.

In 2017, Portugal exported $489k to Nepal. The main products exported from Portugal to Nepal were Packaged Medicaments ($91.3k), Wine ($90.6k), and Liquid Pumps ($52k). During the last 5 years the exports of Portugal to Nepal have decreased at an annualized rate of 15%, from $1.1M in 2022 to $489k in 2017.

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

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

Latest Data

Trade between Nepal (Flag) and Portugal (Flag)

Portugal Exports

Market Competitiveness

Color
Nepal
Top DestinationIndia$956M
Portugal
Top DestinationSpain$20.5B

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

In 2022, countries that imported more from Nepal than Portugal included India ($956M), Central African Republic ($8.88M), and Bhutan ($3.99M).

In 2022, countries that imported more from Portugal than Nepal included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

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

Comparative Advantage Nepal - Portugal

Flow
Scale

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

During 2022, Nepal had a large net trade with Portugal in the exports of Textiles ($263k), Animal Hides ($28k), and Metals ($11.7k).

During 2017, Portugal had a large net trade with Nepal in the exports of Machines ($150k), Chemical Products ($148k), and Foodstuffs ($121k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Portugal+$176kKnit Sweaters
Top Product Potential Portugal Nepal+$296kPackaged Medicaments

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

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

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