2023
Flag  
GDP
$40.9BCURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP GROWTH
84.6%CURRENT US$
Rnk 26 / 195
2023
Flag
GDP PC 
$1,378CURRENT US$
Rnk 169 / 195
2013-2023
Flag
GDP PC GROWTH
71.5%CURRENT US$
Rnk 24 / 195

About

Nepal-Chinese Taipei Trade: In 2023, Nepal exported $1.86M to Chinese Taipei. The main products that Nepal exported to Chinese Taipei were Scarves ($293k), Blankets ($285k), and Bells and Other Metal Ornaments ($203k). Over the past 5 years the exports of Nepal to Chinese Taipei have decreased at an annualized rate of 1.16%, from $1.97M in 2018 to $1.86M in 2023.

In 2023, Nepal did not export any services to Chinese Taipei.

Chinese Taipei-Nepal Trade: In 2023, Chinese Taipei exported $27.8M to Nepal. The main products that Chinese Taipei exported to Nepal were Hot-Rolled Iron ($20.3M), Vinyl Chloride Polymers ($1.22M), and Office Machine Parts ($1M). Over the past 5 years the exports of Chinese Taipei to Nepal have decreased at an annualized rate of 8.44%,  from $43.2M in 2018 to $27.8M in 2023.

In 2023, Chinese Taipei did not export any services to Nepal.

Comparison In 2023,  Nepal ranked 156 in total exports ($1.21B), and does not have data regarding Economic Complexity Index. That same year, Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Nepal exported $1.86M to Chinese Taipei. The main products exported from Nepal to Chinese Taipei were Scarves ($293k), Blankets ($285k), and Bells and Other Metal Ornaments ($203k). During the last 5 years the exports of Nepal to Chinese Taipei have decreased at an annualized rate of 1.16%, from $1.97M in 2018 to $1.86M in 2023.

In 2018, Chinese Taipei exported $27.8M to Nepal. The main products exported from Chinese Taipei to Nepal were Hot-Rolled Iron ($20.3M), Vinyl Chloride Polymers ($1.22M), and Office Machine Parts ($1M). During the last 5 years the exports of Chinese Taipei to Nepal have decreased at an annualized rate of 8.44%, from $43.2M in 2023 to $27.8M in 2018.

Exports from Nepal (Flag) to Chinese Taipei (Flag) (2023)

Exports from Chinese Taipei (Flag) to Nepal (Flag) (2023)

Market Competitiveness

Color
Nepal
Top Destination
India$811M
Chinese Taipei
Top Destination
China$101B

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

In 2023, no countries were registered that imported more from Nepal than from Chinese Taipei.

In 2023, countries that imported more from Chinese Taipei than Nepal included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

Difference in imports from Chinese Taipei (Flag) and Nepal (Flag) (2023)

Comparative Advantage Nepal - Chinese Taipei

Flow
Scale

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

During 2023, Nepal had a large net trade with Chinese Taipei in the exports of Textiles ($990k), Metals ($299k), and Miscellaneous ($156k).

During 2018, Chinese Taipei had a large net trade with Nepal in the exports of Metals ($21M), Machines ($2.7M), and Plastics and Rubbers ($1.8M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Nepal and Chinese Taipei. This means that a dot/product with the flag of Nepal indicates it has a comparative advantage over Chinese Taipei. Similarly, a dot/product with the flag of Chinese Taipei indicates it has a comparative advantage over Nepal.

Product Space of Nepal (Flag) and Chinese Taipei (Flag) (2023)

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