NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $260kRnk 186 / 211
2023
Flag → Flag
Top Product $142kUncoated Paper
2023
Flag → Flag
Exports $458kRnk 38 / 111
2023
Flag → Flag
Top Product $100kKnit Sweaters
2023
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 132
2023
Flag  
GDP$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH27.5%CURRENT US$
Rnk 119 / 195
2023
Flag
 GDP$40.9BCURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP GROWTH84.6%CURRENT US$
Rnk 26 / 195
2023
Flag
GDP PC $27,331CURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP PC GROWTH26.1%CURRENT US$
Rnk 84 / 195
2023
Flag
GDP PC$1,378CURRENT US$
Rnk 169 / 196
2013-2023
Flag
GDP PC GROWTH71.5%CURRENT US$
Rnk 24 / 195

About

Portugal-Nepal Trade: In 2023, Portugal exported $260k to Nepal. The main products that Portugal exported to Nepal were Uncoated Paper ($142k), Wine ($95.7k), and Beauty Products ($5.88k). Over the past 5 years the exports of Portugal to Nepal have decreased at an annualized rate of 21%, from $843k in 2018 to $260k in 2023.

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

Nepal-Portugal Trade: In 2023, Nepal exported $458k to Portugal. The main products that Nepal exported to Portugal were Knit Sweaters ($100k), Non-Knit Women's Suits ($55.4k), and Jute and Other Textile Fibers ($32.5k). Over the past 5 years the exports of Nepal to Portugal have decreased at an annualized rate of 3%,  from $534k in 2018 to $458k in 2023.

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

Comparison In 2023,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57),  and 46 in total exports ($83B). That same year, Nepal ranked 156 in total exports ($1.21B), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2024

About

Overview In December 2024, Portugal exported €32.9k and imported €29.6k from Nepal, resulting in a positive trade balance of €3.36k. Between December 2023 and December 2024 the exports of Portugal have decreased by €-57k (-63.4%) from €89.9k to €32.9k, while imports increased by €21.2k (253%) from €8.39k to €29.6k.

Trade In December 2024, the top exports of Portugal to Nepal were Paper articles (€17.4k), Knitted fabrics (€2.59k), Special woven fabrics and tapestries (€73), Wadding, felt, nonwovens, twin, ropes, &... (€18), and Perfumery & cosmetics (€12). In December 2024 the top imports of Portugal from Nepal were Non-knitted clothing accesories (€1.57k), Used clothes & textile articles (€1.52k), Knitted clothing accesories (€898), Copper articles (€500), and Leather articles (€392).

Growth In December 2024, the decrease in Portugal's year-by-year exports to Nepal was explained primarily by an decrease in product exports in . In December 2024, the increase in Portugal's year-by-year imports  from Nepal was explained primarily by an increase in product imports  in Used clothes & textile articles (€1.31k or 632%), Leather articles (€352 or 880%), and Footwear (€118 or 136%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (December 2023 - December 2024)€-57k(-63.4%)
IMPORT GROWTH (December 2023 - December 2024)€21.2k(253%)

This section shows exports and imports data at subnational level for Portugal. Click any date in the line plot or any product to explore the exports or imports behavior of Portugal over time.

To check Nepal and Portugal trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Nepal and Portugal Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Portugal exported $260k to Nepal. The main products exported from Portugal to Nepal were Uncoated Paper ($142k), Wine ($95.7k), and Beauty Products ($5.88k). During the last 5 years the exports of Portugal to Nepal have decreased at an annualized rate of 21%, from $843k in 2018 to $260k in 2023.

In 2018, Nepal exported $458k to Portugal. The main products exported from Nepal to Portugal were Knit Sweaters ($100k), Non-Knit Women's Suits ($55.4k), and Jute and Other Textile Fibers ($32.5k). During the last 5 years the exports of Nepal to Portugal have decreased at an annualized rate of 3%, from $534k in 2023 to $458k in 2018.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$17.7B
Nepal
Top DestinationIndia$811M

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

In 2023, countries that imported more from Portugal than Nepal included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

In 2023, countries that imported more from Nepal than Portugal included India ($811M) and Lesotho ($16.2k).

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

Comparative Advantage Portugal - Nepal

Flow
Scale

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

During 2023, Portugal had a large net trade with Nepal in the exports of Paper Goods ($143k), Foodstuffs ($96.5k), and Machines ($6.86k).

During 2018, Nepal had a large net trade with Portugal in the exports of Textiles ($353k), Animal Hides ($28.6k), and Instruments ($22k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Nepal+$296kPackaged Medicaments
Top Product Potential Nepal Portugal+$176kKnit Sweaters

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Portugal and Nepal. This means that a dot/product with the flag of Portugal indicates it has a comparative advantage over Nepal. Similarly, a dot/product with the flag of Nepal indicates it has a comparative advantage over Portugal.

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms