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2022
Flag → Flag
Exports $2.34MRnk 28 / 149
2022
Flag → Flag
Top Product $713kFelt
2022
Flag → Flag
Exports $8.84MRnk 138 / 217
2022
Flag → Flag
Top Product $3MScrap Iron
2022
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Economic Complexity (ECI) ECI 1.5Rnk 7 / 124
2022
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GDP$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
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GDP GROWTH88.1%CURRENT US$
Rnk 21 / 186
2022
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 GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
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GDP GROWTH6.06%CURRENT US$
Rnk 151 / 186
2022
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GDP PC $1,337CURRENT US$
Rnk 160 / 186
2012-2022
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GDP PC GROWTH68.3%CURRENT US$
Rnk 18 / 186
2022
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GDP PC$55,873CURRENT US$
Rnk 13 / 186
2012-2022
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GDP PC GROWTH-3.73%CURRENT US$
Rnk 149 / 186

About

Nepal-Sweden In 2022, Nepal exported $2.34M to Sweden. The main products that Nepal exported to Sweden are Felt ($713k), Knotted Carpets ($168k), and Knit Sweaters ($165k). During the last 27 years the exports of Nepal to Sweden have increased at an annualized rate of 3.93%, from $825k in 1995 to $2.34M in 2022.

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

Sweden-Nepal In 2022, Sweden exported $8.84M to Nepal. The main products that Sweden exported to Nepal were Scrap Iron ($3M), X-Ray Equipment ($2.26M), and Cameras ($599k). During the last 27 years the exports of Sweden to Nepal have increased at an annualized rate of 6.47%, from $1.63M in 1995 to $8.84M in 2022.

In 2022, Sweden 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, Sweden ranked 7 in the Economic Complexity Index (ECI 1.5), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nepal exported $2.34M to Sweden. The main products exported from Nepal to Sweden were Felt ($713k), Knotted Carpets ($168k), and Knit Sweaters ($165k). During the last 27 years the exports of Nepal to Sweden have increased at an annualized rate of 3.93%, from $825k in 1995 to $2.34M in 2022.

In 2022, Sweden exported $8.84M to Nepal. The main products exported from Sweden to Nepal were Scrap Iron ($3M), X-Ray Equipment ($2.26M), and Cameras ($599k). During the last 27 years the exports of Sweden to Nepal have increased at an annualized rate of 6.47%, from $1.63M in 1995 to $8.84M in 2022.

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

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

Latest Data

Trade between Nepal (Flag) and Sweden (Flag)

Sweden Exports

Market Competitiveness

Color
Nepal
Top DestinationIndia$956M
Sweden
Top DestinationGermany$19.2B

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

In 2021, countries that imported more from Nepal than Sweden were Central African Republic ($8.88M), Bhutan ($3.99M), and Micronesia ($195).

In 2021, countries that imported more from Sweden than Nepal were Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

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

Comparative Advantage Nepal - Sweden

Flow
Scale

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

During 2022, Nepal had a large net trade with Sweden in the exports of Textiles ($1.89M), Paper Goods ($95.7k), and Miscellaneous ($80.6k).

During 2022, Sweden had a large net trade with Nepal in the exports of Metals ($3.12M), Instruments ($3.11M), and Machines ($1.57M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Nepal has comparative advantage over Sweden. Similarly, the more yellow a dot/product is, the more Sweden has comparative advantage over Nepal.

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

Keep Exploring

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