2022
Flag  
GDP
$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
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GDP GROWTH
88.1%CURRENT US$
Rnk 21 / 186
2022
Flag
 GDP
$62.1BCURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP GROWTH
33.4%CURRENT US$
Rnk 92 / 186
2022
Flag
GDP PC 
$1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH
68.3%CURRENT US$
Rnk 18 / 186
2022
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GDP PC
$29,457CURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP PC GROWTH
30.1%CURRENT US$
Rnk 63 / 186

About

Nepal-Slovenia Trade: In 2022, Nepal exported $384k to Slovenia. The main products that Nepal exported to Slovenia were Non-Knit Women's Suits ($113k), Knit Women's Suits ($33.5k), and Trunks and Cases ($26.3k). Over the past 5 years the exports of Nepal to Slovenia have decreased at an annualized rate of 4.15%, from $475k in 2017 to $384k in 2022.

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

Slovenia-Nepal Trade: In 2022, Slovenia exported $1.53M to Nepal. The main products that Slovenia exported to Nepal were Gas Turbines ($1.1M), Video and Card Games ($306k), and Medical Instruments ($53.4k). Over the past 5 years the exports of Slovenia to Nepal have increased at an annualized rate of 13.4%,  from $721k in 2017 to $1.53M in 2022.

In 2022, Slovenia 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, Slovenia ranked 11 in the Economic Complexity Index (ECI 1.45), and 56 in total exports ($56B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nepal exported $384k to Slovenia. The main products exported from Nepal to Slovenia were Non-Knit Women's Suits ($113k), Knit Women's Suits ($33.5k), and Trunks and Cases ($26.3k). During the last 5 years the exports of Nepal to Slovenia have decreased at an annualized rate of 4.15%, from $475k in 2017 to $384k in 2022.

In 2017, Slovenia exported $1.53M to Nepal. The main products exported from Slovenia to Nepal were Gas Turbines ($1.1M), Video and Card Games ($306k), and Medical Instruments ($53.4k). During the last 5 years the exports of Slovenia to Nepal have increased at an annualized rate of 13.4%, from $721k in 2022 to $1.53M in 2017.

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

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

Latest Data

Trade between Nepal (Flag) and Slovenia (Flag)

Slovenia Exports

Market Competitiveness

Color
Nepal
Top Destination
India$956M
Slovenia
Top Destination
Switzerland$9.92B

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

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

In 2022, countries that imported more from Slovenia than Nepal included Switzerland ($9.92B), Germany ($7.92B), and Italy ($6.28B).

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

Comparative Advantage Nepal - Slovenia

Flow
Scale

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

During 2022, Nepal had a large net trade with Slovenia in the exports of Textiles ($243k), Animal Hides ($26.3k), and Chemical Products ($21.9k).

During 2017, Slovenia had a large net trade with Nepal in the exports of Machines ($1.13M), Miscellaneous ($306k), and Instruments ($54.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Slovenia+$137kNon-Knit Women's Suits
Top Product Potential Slovenia Nepal+$126kMedical Instruments

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

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

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