GDP$40.9BCURRENT US$Rnk 102 / 195 GDP GROWTH84.6%CURRENT US$Rnk 26 / 195
GDP$11BCURRENT US$Rnk 148 / 195 GDP GROWTH117%CURRENT US$Rnk 8 / 195 GDP PC $1,378CURRENT US$Rnk 169 / 195GDP PC GROWTH71.5%CURRENT US$Rnk 24 / 195GDP PC$597CURRENT US$Rnk 191 / 196GDP PC GROWTH51.9%CURRENT US$Rnk 45 / 195In N/A, Nepal did not export any services to Somalia.
Somalia-Nepal In N/A, Somalia did not export any products to Nepal.
In N/A, Somalia did not export any services to Nepal.
Comparison In 2023, Nepal ranked 156 in total exports ($1.21B). That same year, Somalia ranked 161 in total exports ($1.03B). Both countries does not have data related to Economic Complexity Index.
This map shows whether countries import more from Nepal or Somalia. Each country is colored based on the difference in imports they receive from Nepal and Somalia or the difference in the growth in imports.
In 2023, countries that imported more from Nepal than Somalia included India ($811M), United States ($140M), and Germany ($38.8M).
In 2023, countries that imported more from Somalia than Nepal included United Arab Emirates ($360M), Saudi Arabia ($283M), and Oman ($180M).
) and Nepal () (2023)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.
This visualization shows the product space at the HS4 level with the flags of Nepal and Somalia. This means that a dot/product with the flag of Nepal indicates it has a comparative advantage over Somalia. Similarly, a dot/product with the flag of Somalia indicates it has a comparative advantage over Nepal.
) and Somalia () (2022)
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