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Pricing

2022
Flag → Flag
Exports $489kRnk 175 / 208
2022
Flag → Flag
Top Product $91.3kPackaged Medicaments
2022
Flag → Flag
Exports $357kRnk 53 / 149
2022
Flag → Flag
Top Product $49.9kNon-Knit Women's Suits
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag  
GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
 GDP$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH88.1%CURRENT US$
Rnk 21 / 186
2022
Flag
GDP PC $24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186
2022
Flag
GDP PC$1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH68.3%CURRENT US$
Rnk 18 / 186

About

Portugal-Nepal Trade: In 2022, Portugal exported $489k to Nepal. The main products that Portugal exported to Nepal were Packaged Medicaments ($91.3k), Wine ($90.6k), and Liquid Pumps ($52k). Over the past 5 years the exports of Portugal to Nepal have decreased at an annualized rate of 15%, from $1.1M in 2017 to $489k in 2022.

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

Nepal-Portugal Trade: In 2022, Nepal exported $357k to Portugal. The main products that Nepal exported to Portugal were Non-Knit Women's Suits ($49.9k), Jute and Other Textile Fibers ($27.8k), and Trunks and Cases ($27.6k). Over the past 5 years the exports of Nepal to Portugal have decreased at an annualized rate of 3.5%,  from $427k in 2017 to $357k in 2022.

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

Comparison In 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57),  and 48 in total exports ($81.7B). That same year, Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index.

Latest Trends

September, 2024

About

Overview In September 2024, Portugal exported €54 and imported €184k from Nepal, resulting in a negative trade balance of €184k. Between September 2023 and September 2024 the exports of Portugal have decreased by €-551 (-91.1%) from €605 to €54, while imports increased by €96.5k (110%) from €87.4k to €184k.

Trade In September 2024, the top exports of Portugal to Nepal were Perfumery & cosmetics (€6), Live animals (€0), Meat & edible offal (€0), Fish, Crustaceans & Molluscs (€0), and Edible products of animal origin, n.e.s. (€0). In September 2024 the top imports of Portugal from Nepal were Knitted clothing accesories (€2.28k), Non-knitted clothing accesories (€1.53k), Wood, wood articles, & charcoal (€1.14k), Used clothes & textile articles (€208), and Toys, games, & sports (€171).

Growth In September 2024, the decrease in Portugal's year-by-year exports to Nepal was explained primarily by an decrease in product exports in Machinery, mechanical appliances, & parts (€-47.8k or -100%), Perfumery & cosmetics (€-58 or -90.6%), and Soap, cleaners, candles, dental, modelling pastes (€-13 or -100%). In September 2024, the increase in Portugal's year-by-year imports  from Nepal was explained primarily by an increase in product imports  in Knitted clothing accesories (€1.98k or 648%) and Plastics & articles thereof (€86 or 108%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (September 2023 - September 2024)€-551(-91.1%)
IMPORT GROWTH (September 2023 - September 2024)€96.5k(110%)

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 2022, Portugal exported $489k to Nepal. The main products exported from Portugal to Nepal were Packaged Medicaments ($91.3k), Wine ($90.6k), and Liquid Pumps ($52k). During the last 5 years the exports of Portugal to Nepal have decreased at an annualized rate of 15%, from $1.1M in 2017 to $489k in 2022.

In 2017, Nepal exported $357k to Portugal. The main products exported from Nepal to Portugal were Non-Knit Women's Suits ($49.9k), Jute and Other Textile Fibers ($27.8k), and Trunks and Cases ($27.6k). During the last 5 years the exports of Nepal to Portugal have decreased at an annualized rate of 3.5%, from $427k in 2022 to $357k in 2017.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
Nepal
Top DestinationIndia$956M

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 2022, countries that imported more from Portugal than Nepal included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

In 2022, countries that imported more from Nepal than Portugal included India ($956M), Central African Republic ($8.88M), and Bhutan ($3.99M).

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

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 2022, Portugal had a large net trade with Nepal in the exports of Machines ($150k), Chemical Products ($148k), and Foodstuffs ($121k).

During 2017, Nepal had a large net trade with Portugal in the exports of Textiles ($263k), Animal Hides ($28k), and Metals ($11.7k).

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.

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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) (2022)

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