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Pricing

2022
Flag → Flag
Exports $11.3kRnk 112 / 149
2022
Flag → Flag
Top Product $10.8kKnotted Carpets
2022
Flag → Flag
Exports $2.19kRnk 36 / 0
2022
Flag  
GDP$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH88.1%CURRENT US$
Rnk 21 / 186
2022
Flag
 GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
GDP PC $1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH68.3%CURRENT US$
Rnk 18 / 186
2022
Flag
GDP PC$18,222CURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP PC GROWTH-3.9%CURRENT US$
Rnk 150 / 186

About

Nepal-Trinidad and Tobago Trade: In 2022, Nepal exported $11.3k to Trinidad and Tobago. The main products that Nepal exported to Trinidad and Tobago were Knotted Carpets ($10.8k) and Hand-Woven Rugs ($563). Over the past 10 years the exports of Nepal to Trinidad and Tobago have increased at an annualized rate of 23.6%, from $1.36k in 2012 to $11.3k in 2022.

In 2022, Nepal did not export any services to Trinidad and Tobago.

Trinidad and Tobago-Nepal Trade: In 2022, Trinidad and Tobago exported $2.19k to Nepal. The main products that Trinidad and Tobago exported to Nepal were N/A. Over the past 10 years the exports of Trinidad and Tobago to Nepal have increased at an annualized rate of 0.82%,  from $2.1k in 2012 to $2.19k in 2022.

In 2022, Trinidad and Tobago did not export any services to Nepal.

Comparison In 2022,  Nepal ranked 153 in total exports ($1.43B). That same year, Trinidad and Tobago ranked 91 in total exports ($13.9B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nepal exported $11.3k to Trinidad and Tobago. The main products exported from Nepal to Trinidad and Tobago were Knotted Carpets ($10.8k) and Hand-Woven Rugs ($563). During the last 10 years the exports of Nepal to Trinidad and Tobago have increased at an annualized rate of 23.6%, from $1.36k in 2012 to $11.3k in 2022.

In 2015, Trinidad and Tobago exported $2.19k to Nepal. There were not main exports from Trinidad and Tobago to Nepal in 2015. During the last 5 years the exports of Trinidad and Tobago to Nepal have increased at an annualized rate of 0.82%, from $2.1k in 2020 to $2.19k in 2015.

Exports from Nepal (Flag) to Trinidad and Tobago (Flag) (2022)

Exports from Trinidad and Tobago (Flag) to Nepal (Flag) (2022)

Market Competitiveness

Color
Nepal
Top DestinationIndia$956M
Trinidad and Tobago
Top DestinationUnited States$4.91B

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

In 2022, countries that imported more from Nepal than Trinidad and Tobago included India ($956M), Central African Republic ($8.88M), and Turkey ($28.3M).

In 2022, countries that imported more from Trinidad and Tobago than Nepal included United States ($4.91B), Belgium ($894M), and Morocco ($740M).

Difference in imports from Trinidad and Tobago (Flag) and Nepal (Flag) (2022)

Comparative Advantage Nepal - Trinidad and Tobago

Flow
Scale

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

During 2022, Nepal had a large net trade with Trinidad and Tobago in the exports of Textiles ($11.3k).

During 2015, Trinidad and Tobago had a large net trade with Nepal in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Trinidad and Tobago+$6.82kKnotted Carpets
Top Product Potential Trinidad and Tobago Nepal+$3.87kPetroleum Gas

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

Product Space of Nepal (Flag) and Trinidad and Tobago (Flag) (2022)

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