2022
Flag  
GDP
$40.8BCURRENT US$
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2012-2022
Flag
GDP GROWTH
88.1%CURRENT US$
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2022
Flag
GDP PC 
$1,337CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
68.3%CURRENT US$
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About

Nepal-Chinese Taipei Trade: In 2022, Nepal exported $1.2M to Chinese Taipei. The main products that Nepal exported to Chinese Taipei were Blankets ($201k), Percussion ($131k), and Bells and Other Metal Ornaments ($130k). Over the past 5 years the exports of Nepal to Chinese Taipei have decreased at an annualized rate of 18.9%, from $3.41M in 2017 to $1.2M in 2022.

In 2022, Nepal did not export any services to Chinese Taipei.

Chinese Taipei-Nepal Trade: In 2022, Chinese Taipei exported $18.1M to Nepal. The main products that Chinese Taipei exported to Nepal were Vinyl Chloride Polymers ($5.91M), Office Machine Parts ($1.6M), and Broadcasting Equipment ($814k). Over the past 5 years the exports of Chinese Taipei to Nepal have increased at an annualized rate of 39.4%,  from $3.43M in 2017 to $18.1M in 2022.

In 2022, Chinese Taipei 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, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nepal exported $1.2M to Chinese Taipei. The main products exported from Nepal to Chinese Taipei were Blankets ($201k), Percussion ($131k), and Bells and Other Metal Ornaments ($130k). During the last 5 years the exports of Nepal to Chinese Taipei have decreased at an annualized rate of 18.9%, from $3.41M in 2017 to $1.2M in 2022.

In 2017, Chinese Taipei exported $18.1M to Nepal. The main products exported from Chinese Taipei to Nepal were Vinyl Chloride Polymers ($5.91M), Office Machine Parts ($1.6M), and Broadcasting Equipment ($814k). During the last 20 years the exports of Chinese Taipei to Nepal have increased at an annualized rate of 39.4%, from $3.43M in 1997 to $18.1M in 2017.

Exports from Nepal (Flag) to Chinese Taipei (Flag) (2022)

Exports from Chinese Taipei (Flag) to Nepal (Flag) (2022)

Market Competitiveness

Color
Nepal
Top Destination
India$956M
Chinese Taipei
Top Destination
China$121B

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 2022, countries that imported more from Nepal than Chinese Taipei included Central African Republic ($8.88M), Bhutan ($3.99M), and Saint Helena ($435).

In 2022, countries that imported more from Chinese Taipei than Nepal included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

Difference in imports from Chinese Taipei (Flag) and Nepal (Flag) (2022)

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 2022, Nepal had a large net trade with Chinese Taipei in the exports of Textiles ($575k), Vegetable Products ($189k), and Metals ($149k).

During 2017, Chinese Taipei had a large net trade with Nepal in the exports of Plastics and Rubbers ($7.13M), Machines ($6.05M), and Metals ($1.79M).

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) (2022)

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