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2022
Flag → Flag
Exports $102MRnk 77 / 215
2022
Flag → Flag
Top Product $29.5MOther Edible Preparations
2022
Flag → Flag
Exports $25.5MRnk 6 / 149
2022
Flag → Flag
Top Product $21MCollector's Items
2022
Flag
Economic Complexity (ECI) ECI 1.68Rnk 6 / 133
2022
Flag  
GDP$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH58.2%CURRENT US$
Rnk 42 / 186
2022
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 GDP$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH88.1%CURRENT US$
Rnk 21 / 186
2022
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GDP PC $82,808CURRENT US$
Rnk 7 / 186
2012-2022
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GDP PC GROWTH49.1%CURRENT US$
Rnk 37 / 186
2022
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GDP PC$1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH68.3%CURRENT US$
Rnk 18 / 186

About

Singapore-Nepal Trade: In 2022, Singapore exported $102M to Nepal. The main products that Singapore exported to Nepal were Other Edible Preparations ($29.5M), Gas Turbines ($11.9M), and Refined Petroleum ($8.3M). Over the past 5 years the exports of Singapore to Nepal have increased at an annualized rate of 3.64%, from $84.9M in 2017 to $102M in 2022.

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

Nepal-Singapore Trade: In 2022, Nepal exported $25.5M to Singapore. The main products that Nepal exported to Singapore were Collector's Items ($21M), Spark-Ignition Engines ($1.11M), and Gas Turbines ($679k). Over the past 5 years the exports of Nepal to Singapore have increased at an annualized rate of 51.6%,  from $3.19M in 2017 to $25.5M in 2022.

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

Comparison In 2022,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.68),  and 21 in total exports ($379B). That same year, Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Singapore exported $102M to Nepal. The main products exported from Singapore to Nepal were Other Edible Preparations ($29.5M), Gas Turbines ($11.9M), and Refined Petroleum ($8.3M). During the last 5 years the exports of Singapore to Nepal have increased at an annualized rate of 3.64%, from $84.9M in 2017 to $102M in 2022.

In 2017, Nepal exported $25.5M to Singapore. The main products exported from Nepal to Singapore were Collector's Items ($21M), Spark-Ignition Engines ($1.11M), and Gas Turbines ($679k). During the last 5 years the exports of Nepal to Singapore have increased at an annualized rate of 51.6%, from $3.19M in 2022 to $25.5M in 2017.

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

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

Latest Data

Trade between Singapore (Flag) and Nepal (Flag)

Singapore Exports

Market Competitiveness

Color
Singapore
Top DestinationHong Kong$51.6B
Nepal
Top DestinationIndia$956M

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

In 2022, countries that imported more from Singapore than Nepal included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2022, countries that imported more from Nepal than Singapore included Central African Republic ($8.88M) and Saint Helena ($435).

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

Comparative Advantage Singapore - Nepal

Flow
Scale

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

During 2022, Singapore had a large net trade with Nepal in the exports of Foodstuffs ($38.4M), Machines ($30.9M), and Mineral Products ($8.53M).

During 2017, Nepal had a large net trade with Singapore in the exports of Arts and Antiques ($21M), Machines ($1.92M), and Textiles ($952k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Singapore Nepal+$17.3MRefined Petroleum
Top Product Potential Nepal Singapore+$479kGas Turbines

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

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

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