2022
Flag  
GDP
$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH
88.1%CURRENT US$
Rnk 21 / 186
2022
Flag
 GDP
$20.7BCURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP GROWTH
20.8%CURRENT US$
Rnk 121 / 186
2022
Flag
GDP PC 
$1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH
68.3%CURRENT US$
Rnk 18 / 186
2022
Flag
GDP PC
$1,267CURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP PC GROWTH
-1.8%CURRENT US$
Rnk 147 / 186

About

Nepal-Zimbabwe Trade: In 2022, Nepal exported $3.36k to Zimbabwe. The main products that Nepal exported to Zimbabwe were Knotted Carpets ($1.44k), Cutlery Sets ($722), and Bells and Other Metal Ornaments ($629). Over the past 6 years the exports of Nepal to Zimbabwe have decreased at an annualized rate of 24.1%, from $17.7k in 2016 to $3.36k in 2022.

In 2022, Nepal did not export any services to Zimbabwe.

Zimbabwe-Nepal Trade: In 2022, Zimbabwe exported $106 to Nepal. The main products that Zimbabwe exported to Nepal were N/A. Over the past 6 years the exports of Zimbabwe to Nepal have decreased at an annualized rate of 32.1%,  from $734 in 2016 to $106 in 2022.

In 2022, Zimbabwe 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, Zimbabwe ranked 99 in the Economic Complexity Index (ECI -0.74), and 109 in total exports ($8.41B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nepal exported $3.36k to Zimbabwe. The main products exported from Nepal to Zimbabwe were Knotted Carpets ($1.44k), Cutlery Sets ($722), and Bells and Other Metal Ornaments ($629). During the last 6 years the exports of Nepal to Zimbabwe have decreased at an annualized rate of 24.1%, from $17.7k in 2016 to $3.36k in 2022.

In 2016, Zimbabwe exported $106 to Nepal. There were not main exports from Zimbabwe to Nepal in 2016. During the last 5 years the exports of Zimbabwe to Nepal have decreased at an annualized rate of 32.1%, from $734 in 2021 to $106 in 2016.

Exports from Nepal (Flag) to Zimbabwe (Flag) (2022)

Exports from Zimbabwe (Flag) to Nepal (Flag) (2022)

Market Competitiveness

Color
Nepal
Top Destination
India$956M
Zimbabwe
Top Destination
United Arab Emirates$4.78B

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

In 2022, countries that imported more from Nepal than Zimbabwe included India ($956M), United States ($152M), and Singapore ($25.5M).

In 2022, countries that imported more from Zimbabwe than Nepal included United Arab Emirates ($4.78B), South Africa ($1.47B), and China ($625M).

Difference in imports from Zimbabwe (Flag) and Nepal (Flag) (2022)

Comparative Advantage Nepal - Zimbabwe

Flow
Scale

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

During 2022, Nepal had a large net trade with Zimbabwe in the exports of Textiles ($1.78k), Metals ($1.35k), and Chemical Products ($141).

During 2016, Zimbabwe had a large net trade with Nepal in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Zimbabwe+$5.18kKnotted Carpets
Top Product Potential Zimbabwe Nepal+$4.36kGold

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

Product Space of Nepal (Flag) and Zimbabwe (Flag) (2022)

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