2023
Flag  
GDP
$338BCURRENT US$
Rnk 45 / 195
2013-2023
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GDP GROWTH
30.6%CURRENT US$
Rnk 113 / 195
2023
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 GDP
$40.9BCURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP GROWTH
84.6%CURRENT US$
Rnk 26 / 195
2023
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GDP PC 
$1,365CURRENT US$
Rnk 170 / 195
2013-2023
Flag
GDP PC GROWTH
11.4%CURRENT US$
Rnk 130 / 195
2023
Flag
GDP PC
$1,378CURRENT US$
Rnk 169 / 196
2013-2023
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GDP PC GROWTH
71.5%CURRENT US$
Rnk 24 / 195

About

Pakistan-Nepal Trade: In 2023, Pakistan exported $3.1M to Nepal. The main products that Pakistan exported to Nepal were Spices ($744k), Medical Instruments ($681k), and Perfume Plants ($586k). Over the past 5 years the exports of Pakistan to Nepal have decreased at an annualized rate of 43%, from $51.6M in 2018 to $3.1M in 2023.

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

Nepal-Pakistan Trade: In 2023, Nepal exported $2.01M to Pakistan. The main products that Nepal exported to Pakistan were Perfume Plants ($683k), Nutmeg, mace and cardamons ($544k), and Orthopedic Appliances ($248k). Over the past 5 years the exports of Nepal to Pakistan have increased at an annualized rate of 21.9%,  from $744k in 2018 to $2.01M in 2023.

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

Comparison In 2023,  Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55),  and 66 in total exports ($35.8B). That same year, Nepal ranked 156 in total exports ($1.21B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Pakistan exported $3.1M to Nepal. The main products exported from Pakistan to Nepal were Spices ($744k), Medical Instruments ($681k), and Perfume Plants ($586k). During the last 5 years the exports of Pakistan to Nepal have decreased at an annualized rate of 43%, from $51.6M in 2018 to $3.1M in 2023.

In 2018, Nepal exported $2.01M to Pakistan. The main products exported from Nepal to Pakistan were Perfume Plants ($683k), Nutmeg, mace and cardamons ($544k), and Orthopedic Appliances ($248k). During the last 5 years the exports of Nepal to Pakistan have increased at an annualized rate of 21.9%, from $744k in 2023 to $2.01M in 2018.

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

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

Latest Data

Trade between Pakistan (Flag) and Nepal (Flag)

Pakistan Exports

Market Competitiveness

Color
Pakistan
Top Destination
United States$5.18B
Nepal
Top Destination
India$811M

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

In 2023, countries that imported more from Pakistan than Nepal included United States ($5.18B), United Arab Emirates ($3.7B), and China ($3.4B).

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

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

Comparative Advantage Pakistan - Nepal

Flow
Scale

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

During 2023, Pakistan had a large net trade with Nepal in the exports of Vegetable Products ($2.08M), Instruments ($681k), and Chemical Products ($142k).

During 2018, Nepal had a large net trade with Pakistan in the exports of Vegetable Products ($1.42M), Instruments ($248k), and Foodstuffs ($182k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Pakistan Nepal+$1.33MMedical Instruments
Top Product Potential Nepal Pakistan+$569kNutmeg, mace and cardamons

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

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

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