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2022
Flag → Flag
Exports $152MRnk 2 / 149
2022
Flag → Flag
Top Product $52MKnotted Carpets
2022
Flag → Flag
Exports $280MRnk 123 / 219
2022
Flag → Flag
Top Product $92.4MVaccines, blood, antisera, toxins and cultures
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag  
GDP$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH88.1%CURRENT US$
Rnk 21 / 186
2022
Flag
 GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 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$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186

About

Nepal-United States Trade: In 2022, Nepal exported $152M to United States. The main products that Nepal exported to United States were Knotted Carpets ($52M), Animal Food ($20.3M), and Felt ($12.9M). Over the past 5 years the exports of Nepal to United States have increased at an annualized rate of 7.85%, from $104M in 2017 to $152M in 2022.

In 2022, Nepal did not export any services to United States.

United States-Nepal Trade: In 2022, United States exported $280M to Nepal. The main products that United States exported to Nepal were Vaccines, blood, antisera, toxins and cultures ($92.4M), Soybeans ($60.7M), and Coal Briquettes ($22.3M). Over the past 5 years the exports of United States to Nepal have increased at an annualized rate of 34.3%,  from $64.1M in 2017 to $280M in 2022.

In 2022, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nepal exported $152M to United States. The main products exported from Nepal to United States were Knotted Carpets ($52M), Animal Food ($20.3M), and Felt ($12.9M). During the last 5 years the exports of Nepal to United States have increased at an annualized rate of 7.85%, from $104M in 2017 to $152M in 2022.

In 2017, United States exported $280M to Nepal. The main products exported from United States to Nepal were Vaccines, blood, antisera, toxins and cultures ($92.4M), Soybeans ($60.7M), and Coal Briquettes ($22.3M). During the last 5 years the exports of United States to Nepal have increased at an annualized rate of 34.3%, from $64.1M in 2022 to $280M in 2017.

Exports from Nepal (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Nepal (Flag) (2022)

Latest Data

Trade between Nepal (Flag) and United States (Flag)

United States Exports

Market Competitiveness

Color
Nepal
Top DestinationIndia$956M
United States
Top DestinationCanada$308B

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

In 2022, no countries were registered that imported more from Nepal than from United States.

In 2022, countries that imported more from United States than Nepal included Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Nepal (Flag) (2022)

Comparative Advantage Nepal - United States

Flow
Scale

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

During 2022, Nepal had a large net trade with United States in the exports of Textiles ($100M), Foodstuffs ($23.7M), and Precious Metals ($4.05M).

During 2017, United States had a large net trade with Nepal in the exports of Chemical Products ($100M), Vegetable Products ($68.1M), and Mineral Products ($23.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal United States+$8.31MNon-Knit Women's Suits
Top Product Potential United States Nepal+$11.5MCoal Briquettes

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

Product Space of Nepal (Flag) and United States (Flag) (2022)

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