2022
Flag  
GDP
$1.11TCURRENT US$
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2012-2022
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GDP GROWTH
49.4%CURRENT US$
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2022
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 GDP
$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH
88.1%CURRENT US$
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2022
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GDP PC 
$30,436CURRENT US$
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2012-2022
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GDP PC GROWTH
26.5%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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About

Saudi Arabia-Nepal Trade: In 2022, Saudi Arabia exported $81.2M to Nepal. The main products that Saudi Arabia exported to Nepal were Ethylene Polymers ($35.5M), Gold ($24M), and Propylene Polymers ($19.8M). Over the past 5 years the exports of Saudi Arabia to Nepal have increased at an annualized rate of 9.43%, from $51.7M in 2017 to $81.2M in 2022.

In 2022, Saudi Arabia did not export any services to Nepal.

Nepal-Saudi Arabia Trade: In 2022, Nepal exported $92k to Saudi Arabia. The main products that Nepal exported to Saudi Arabia were Knotted Carpets ($83.4k), Scarves ($6.69k), and Mattresses ($850). Over the past 5 years the exports of Nepal to Saudi Arabia have decreased at an annualized rate of 18.5%,  from $385k in 2017 to $92k in 2022.

In 2022, Nepal did not export any services to Saudi Arabia.

Comparison In 2022,  Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78),  and 23 in total exports ($362B). That same year, Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index.

Historical Data

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$68B
Nepal
Top Destination
India$956M

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

In 2022, countries that imported more from Saudi Arabia than Nepal included China ($68B), India ($46.2B), and Japan ($36.5B).

In 2022, countries that imported more from Nepal than Saudi Arabia included Central African Republic ($8.88M), Bangladesh ($4.12M), and Bhutan ($3.99M).

Difference in imports from Nepal (Flag) and Saudi Arabia (Flag) (2022)

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Saudi Arabia Nepal+$3.54MEthylene Polymers
Top Product Potential Nepal Saudi Arabia+N/AN/A

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

Product Space of Saudi Arabia (Flag) and Nepal (Flag) (NaN)

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