Nepal (NPL) and Saudi Arabia (SAU) Trade | The Observatory of Economic Complexity

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Nepal-Saudi Arabia Trade: In 2023, Nepal exported $982k to Saudi Arabia. The main products that Nepal exported to Saudi Arabia were Knotted Carpets ($658k), Coke ($81.4k), and Paper Containers ($64.1k). Over the past 5 years the exports of Nepal to Saudi Arabia have increased at an annualized rate of 0.44%, from $960k in 2018 to $982k in 2023.

In 2023, Nepal did not export any services to Saudi Arabia.

Saudi Arabia-Nepal Trade: In 2023, Saudi Arabia exported $10.8M to Nepal. The main products that Saudi Arabia exported to Nepal were Ethylene Polymers ($8.32M), Propylene Polymers ($1.55M), and Scrap Copper ($352k). Over the past 5 years the exports of Saudi Arabia to Nepal have decreased at an annualized rate of 33.5%, from $82.7M in 2018 to $10.8M in 2023.

In 2023, Saudi Arabia 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, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Nepal exported $982k to Saudi Arabia. The main products exported from Nepal to Saudi Arabia were Knotted Carpets ($658k), Coke ($81.4k), and Paper Containers ($64.1k). During the last 5 years the exports of Nepal to Saudi Arabia have increased at an annualized rate of 0.44%, from $960k in 2018 to $982k in 2023.

In 2018, Saudi Arabia exported $10.8M to Nepal. The main products exported from Saudi Arabia to Nepal were Ethylene Polymers ($8.32M), Propylene Polymers ($1.55M), and Scrap Copper ($352k). During the last 5 years the exports of Saudi Arabia to Nepal have decreased at an annualized rate of 33.5%, from $82.7M in 2023 to $10.8M in 2018.

Exports from Nepal () to Saudi Arabia () (2023)

Exports from Saudi Arabia () to Nepal () (2023)

Latest Data

Trade between Nepal () and Saudi Arabia ()

Saudi Arabia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nepal
Top DestinationIndia$811M

Saudi Arabia
Top DestinationChina$64.4B

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

In 2023, countries that imported more from Nepal than Saudi Arabia included Israel ($455k), Lesotho ($16.2k), and Andorra ($2.91k).

In 2023, countries that imported more from Saudi Arabia than Nepal included China ($64.4B), Japan ($34.7B), and India ($34.8B).

Difference in imports from Saudi Arabia () and Nepal () (2023)

Comparative Advantage Nepal - Saudi Arabia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Nepal had a large net trade with Saudi Arabia in the exports of Textiles ($746k), Mineral Products ($81.4k), and Paper Goods ($64.1k).

During 2018, Saudi Arabia had a large net trade with Nepal in the exports of Plastics and Rubbers ($9.86M), Textiles ($543k), and Metals ($352k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Nepal Saudi Arabia+$128kKnotted Carpets

Top Product Potential Saudi Arabia Nepal+$3.54MEthylene Polymers

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

About

Historical Data

Bilateral Trade by Products

Exports from Nepal () to Saudi Arabia () (2023)

Exports from Saudi Arabia () to Nepal () (2023)

Latest Data

Trade between Nepal () and Saudi Arabia ()

Saudi Arabia Exports

Market Competitiveness

Difference in imports from Saudi Arabia () and Nepal () (2023)

Comparative Advantage Nepal - Saudi Arabia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Nepal () and Saudi Arabia () (2023)

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