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

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Nepal-Saudi Arabia Trade: In 2022, Nepal exported $92k to Saudi Arabia. The main products that Nepal exported to Saudi Arabia were Knotted Carpets ($83.4k), Scarves ($6.69k), and Mattresses ($850). Over the past 5 years the exports of Nepal to Saudi Arabia have decreased at an annualized rate of 24.9%, from $385k in 2017 to $92k in 2022.

In 2022, Nepal did not export any services to Saudi Arabia.

Saudi Arabia-Nepal Trade: In 2022, Saudi Arabia exported $81.2M to Nepal. The main products that Saudi Arabia exported to Nepal were Ethylene Polymers ($35.5M), Gold ($24M), and Propylene Polymers ($19.8M). Over the past 5 years the exports of Saudi Arabia to Nepal have increased at an annualized rate of 9.43%, from $51.7M in 2017 to $81.2M in 2022.

In 2022, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Nepal exported $92k to Saudi Arabia. The main products exported from Nepal to Saudi Arabia were Knotted Carpets ($83.4k), Scarves ($6.69k), and Mattresses ($850). During the last 5 years the exports of Nepal to Saudi Arabia have decreased at an annualized rate of 24.9%, from $385k in 2017 to $92k in 2022.

In 2017, Saudi Arabia exported $81.2M to Nepal. The main products exported from Saudi Arabia to Nepal were Ethylene Polymers ($35.5M), Gold ($24M), and Propylene Polymers ($19.8M). During the last 5 years the exports of Saudi Arabia to Nepal have increased at an annualized rate of 9.43%, from $51.7M in 2022 to $81.2M in 2017.

Exports from Nepal () to Saudi Arabia () (2022)

Exports from Saudi Arabia () to Nepal () (2022)

Latest Data

Trade between Nepal () and Saudi Arabia ()

Saudi Arabia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nepal
Top DestinationIndia$956M

Saudi Arabia
Top DestinationChina$68B

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 2022, countries that imported more from Nepal than Saudi Arabia included Central African Republic ($8.88M), Bangladesh ($4.12M), and Bhutan ($3.99M).

In 2022, countries that imported more from Saudi Arabia than Nepal included China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia () and Nepal () (2022)

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 2022, Nepal had a large net trade with Saudi Arabia in the exports of Textiles ($90.3k), Miscellaneous ($850), and Weapons ($400).

During 2017, Saudi Arabia had a large net trade with Nepal in the exports of Plastics and Rubbers ($55.6M), Precious Metals ($24M), and Textiles ($940k).

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 () (2022)

Exports from Saudi Arabia () to Nepal () (2022)

Latest Data

Trade between Nepal () and Saudi Arabia ()

Saudi Arabia Exports

Market Competitiveness

Difference in imports from Saudi Arabia () and Nepal () (2022)

Comparative Advantage Nepal - Saudi Arabia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Nepal () and Saudi Arabia () (2022)

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