2022
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GDP
$40.8BCURRENT US$
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2012-2022
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GDP GROWTH
88.1%CURRENT US$
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2022
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 GDP
$406BCURRENT US$
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2012-2022
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GDP GROWTH
-6.57%CURRENT US$
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2022
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GDP PC 
$1,337CURRENT US$
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2012-2022
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GDP PC GROWTH
68.3%CURRENT US$
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2022
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GDP PC
$6,776CURRENT US$
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2012-2022
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GDP PC GROWTH
-17.1%CURRENT US$
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About

Nepal-South Africa Trade: In 2022, Nepal exported $497k to South Africa. The main products that Nepal exported to South Africa were Non-Knit Women's Suits ($137k), Optical Fibers and optical fibre bundles ($40.1k), and Knotted Carpets ($37.5k). Over the past 5 years the exports of Nepal to South Africa have decreased at an annualized rate of 9.05%, from $798k in 2017 to $497k in 2022.

In 2022, Nepal did not export any services to South Africa.

South Africa-Nepal Trade: In 2022, South Africa exported $29.3M to Nepal. The main products that South Africa exported to Nepal were Coal Briquettes ($25.8M), Corn ($739k), and Packaged Medicaments ($541k). Over the past 5 years the exports of South Africa to Nepal have decreased at an annualized rate of 9.99%,  from $49.6M in 2017 to $29.3M in 2022.

In 2022, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nepal exported $497k to South Africa. The main products exported from Nepal to South Africa were Non-Knit Women's Suits ($137k), Optical Fibers and optical fibre bundles ($40.1k), and Knotted Carpets ($37.5k). During the last 5 years the exports of Nepal to South Africa have decreased at an annualized rate of 9.05%, from $798k in 2017 to $497k in 2022.

In 2017, South Africa exported $29.3M to Nepal. The main products exported from South Africa to Nepal were Coal Briquettes ($25.8M), Corn ($739k), and Packaged Medicaments ($541k). During the last 5 years the exports of South Africa to Nepal have decreased at an annualized rate of 9.99%, from $49.6M in 2022 to $29.3M in 2017.

Exports from Nepal (Flag) to South Africa (Flag) (2022)

Exports from South Africa (Flag) to Nepal (Flag) (2022)

Latest Data

Trade between Nepal (Flag) and South Africa (Flag)

South Africa Exports

Market Competitiveness

Color
Nepal
Top Destination
India$956M
South Africa
Top Destination
China$23.4B

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

In 2022, countries that imported more from Nepal than South Africa included Central African Republic ($8.88M) and Bhutan ($3.99M).

In 2022, countries that imported more from South Africa than Nepal included China ($23.4B), United States ($10.9B), and Germany ($9.96B).

Difference in imports from South Africa (Flag) and Nepal (Flag) (2022)

Comparative Advantage Nepal - South Africa

Flow
Scale

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

During 2022, Nepal had a large net trade with South Africa in the exports of Textiles ($353k), Instruments ($65.6k), and Vegetable Products ($29.6k).

During 2017, South Africa had a large net trade with Nepal in the exports of Mineral Products ($25.8M), Chemical Products ($1.18M), and Vegetable Products ($1.13M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal South Africa+$264kNon-Knit Women's Suits
Top Product Potential South Africa Nepal+$7.2MCoal 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 South Africa. This means that a dot/product with the flag of Nepal indicates it has a comparative advantage over South Africa. Similarly, a dot/product with the flag of South Africa indicates it has a comparative advantage over Nepal.

Product Space of Nepal (Flag) and South Africa (Flag) (2022)

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