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2022
Flag → Flag
Exports $28.3MRnk 4 / 149
2022
Flag → Flag
Top Product $25.8MNon-Retail Synthetic Staple Fibers Yarn
2022
Flag → Flag
Exports $41.8MRnk 146 / 219
2022
Flag → Flag
Top Product $21.2MGold
2022
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Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
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$906BCURRENT US$
Rnk 19 / 186
2012-2022
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GDP GROWTH2.89%CURRENT US$
Rnk 160 / 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$10,616CURRENT US$
Rnk 75 / 186
2012-2022
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GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186

About

Nepal-Turkey In 2022, Nepal exported $28.3M to Turkey. The main products that Nepal exported to Turkey are Non-Retail Synthetic Staple Fibers Yarn ($25.8M), Non-Retail Artificial Staple Fibers Sewing Thread ($1.73M), and Non-Retail Artificial Staple Fibers Yarn ($321k). During the last 27 years the exports of Nepal to Turkey have increased at an annualized rate of 32.9%, from $13.1k in 1995 to $28.3M in 2022.

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

Turkey-Nepal In 2022, Turkey exported $41.8M to Nepal. The main products that Turkey exported to Nepal were Gold ($21.2M), Other Oily Seeds ($4.84M), and Rapeseed ($1.91M). During the last 27 years the exports of Turkey to Nepal have increased at an annualized rate of 34.6%, from $13.7k in 1995 to $41.8M in 2022.

In 2022, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nepal exported $28.3M to Turkey. The main products exported from Nepal to Turkey were Non-Retail Synthetic Staple Fibers Yarn ($25.8M), Non-Retail Artificial Staple Fibers Sewing Thread ($1.73M), and Non-Retail Artificial Staple Fibers Yarn ($321k). During the last 27 years the exports of Nepal to Turkey have increased at an annualized rate of 32.9%, from $13.1k in 1995 to $28.3M in 2022.

In 2022, Turkey exported $41.8M to Nepal. The main products exported from Turkey to Nepal were Gold ($21.2M), Other Oily Seeds ($4.84M), and Rapeseed ($1.91M). During the last 26 years the exports of Turkey to Nepal have increased at an annualized rate of 34.6%, from $13.7k in 1996 to $41.8M in 2022.

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

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

Latest Data

Trade between Nepal (Flag) and Turkey (Flag)

Turkey Exports

Market Competitiveness

Color
Nepal
Top DestinationIndia$956M
Turkey
Top DestinationGermany$21.9B

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

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

In 2021, countries that imported more from Turkey than Nepal were Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

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

Comparative Advantage Nepal - Turkey

Flow
Scale

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

During 2022, Nepal had a large net trade with Turkey in the exports of Textiles ($28.1M), Machines ($111k), and Vegetable Products ($40.7k).

During 2022, Turkey had a large net trade with Nepal in the exports of Precious Metals ($21.2M), Vegetable Products ($8.26M), and Machines ($4.72M).

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 Turkey. Similarly, the more yellow a dot/product is, the more Turkey has comparative advantage over Nepal.

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

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