2023
Flag  
GDP
$40.9BCURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP GROWTH
84.6%CURRENT US$
Rnk 26 / 195
2023
Flag
 GDP
$179BCURRENT US$
Rnk 57 / 195
2013-2023
Flag
GDP GROWTH
-6.16%CURRENT US$
Rnk 179 / 195
2023
Flag
GDP PC 
$1,378CURRENT US$
Rnk 169 / 195
2013-2023
Flag
GDP PC GROWTH
71.5%CURRENT US$
Rnk 24 / 195
2023
Flag
GDP PC
$5,070CURRENT US$
Rnk 122 / 196
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 95 / 195

About

Nepal-Ukraine Trade: In 2023, Nepal exported $18.2k to Ukraine. The main products that Nepal exported to Ukraine were Coffee ($10.5k), Tea ($3.84k), and Knotted Carpets ($1.6k). Over the past 5 years the exports of Nepal to Ukraine have decreased at an annualized rate of 42.1%, from $280k in 2018 to $18.2k in 2023.

In 2023, Nepal did not export any services to Ukraine.

Ukraine-Nepal Trade: In 2023, Ukraine exported $23.9M to Nepal. The main products that Ukraine exported to Nepal were Rapeseed ($14.3M), Seed Oils ($5.27M), and Soybean Oil ($3.61M). Over the past 5 years the exports of Ukraine to Nepal have decreased at an annualized rate of 4.42%,  from $29.9M in 2018 to $23.9M in 2023.

In 2023, Ukraine 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, Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Nepal exported $18.2k to Ukraine. The main products exported from Nepal to Ukraine were Coffee ($10.5k), Tea ($3.84k), and Knotted Carpets ($1.6k). During the last 5 years the exports of Nepal to Ukraine have decreased at an annualized rate of 42.1%, from $280k in 2018 to $18.2k in 2023.

In 2018, Ukraine exported $23.9M to Nepal. The main products exported from Ukraine to Nepal were Rapeseed ($14.3M), Seed Oils ($5.27M), and Soybean Oil ($3.61M). During the last 5 years the exports of Ukraine to Nepal have decreased at an annualized rate of 4.42%, from $29.9M in 2023 to $23.9M in 2018.

Exports from Nepal (Flag) to Ukraine (Flag) (2023)

Exports from Ukraine (Flag) to Nepal (Flag) (2023)

Latest Data

Trade between Nepal (Flag) and Ukraine (Flag)

Ukraine Exports

Market Competitiveness

Color
Nepal
Top Destination
India$811M
Ukraine
Top Destination
Poland$4.83B

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

In 2023, countries that imported more from Nepal than Ukraine included India ($811M).

In 2023, countries that imported more from Ukraine than Nepal included Poland ($4.83B), Romania ($3.56B), and Turkey ($2.88B).

Difference in imports from Ukraine (Flag) and Nepal (Flag) (2023)

Comparative Advantage Nepal - Ukraine

Flow
Scale

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

During 2023, Nepal had a large net trade with Ukraine in the exports of Vegetable Products ($14.4k), Textiles ($1.73k), and Paper Goods ($1.3k).

During 2018, Ukraine had a large net trade with Nepal in the exports of Vegetable Products ($14.5M), Animal and Vegetable Bi-Products ($8.89M), and Metals ($431k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Ukraine+$8.31kKnotted Carpets
Top Product Potential Ukraine Nepal+$1.06MSoybean Oil

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

Product Space of Nepal (Flag) and Ukraine (Flag) (2023)

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