2023
Flag
 GDP
$40.9BCURRENT US$
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2013-2023
Flag
GDP GROWTH
84.6%CURRENT US$
Rnk 26 / 195
2023
Flag
GDP PC
$1,378CURRENT US$
Rnk 169 / 196
2013-2023
Flag
GDP PC GROWTH
71.5%CURRENT US$
Rnk 24 / 195

About

Chinese Taipei-Nepal Trade: In 2023, Chinese Taipei exported $27.8M to Nepal. The main products that Chinese Taipei exported to Nepal were Hot-Rolled Iron ($20.3M), Vinyl Chloride Polymers ($1.22M), and Office Machine Parts ($1M). Over the past 5 years the exports of Chinese Taipei to Nepal have decreased at an annualized rate of 8.44%, from $43.2M in 2018 to $27.8M in 2023.

In 2023, Chinese Taipei did not export any services to Nepal.

Nepal-Chinese Taipei Trade: In 2023, Nepal exported $1.86M to Chinese Taipei. The main products that Nepal exported to Chinese Taipei were Scarves ($293k), Blankets ($285k), and Bells and Other Metal Ornaments ($203k). Over the past 5 years the exports of Nepal to Chinese Taipei have decreased at an annualized rate of 1.16%,  from $1.97M in 2018 to $1.86M in 2023.

In 2023, Nepal did not export any services to Chinese Taipei.

Comparison In 2023,  Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2),  and 11 in total exports ($509B). 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, Chinese Taipei exported $27.8M to Nepal. The main products exported from Chinese Taipei to Nepal were Hot-Rolled Iron ($20.3M), Vinyl Chloride Polymers ($1.22M), and Office Machine Parts ($1M). During the last 5 years the exports of Chinese Taipei to Nepal have decreased at an annualized rate of 8.44%, from $43.2M in 2018 to $27.8M in 2023.

In 2018, Nepal exported $1.86M to Chinese Taipei. The main products exported from Nepal to Chinese Taipei were Scarves ($293k), Blankets ($285k), and Bells and Other Metal Ornaments ($203k). During the last 5 years the exports of Nepal to Chinese Taipei have decreased at an annualized rate of 1.16%, from $1.97M in 2023 to $1.86M in 2018.

Exports from Chinese Taipei (Flag) to Nepal (Flag) (2023)

Exports from Nepal (Flag) to Chinese Taipei (Flag) (2023)

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$101B
Nepal
Top Destination
India$811M

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

In 2023, countries that imported more from Chinese Taipei than Nepal included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

In 2023, no countries were registered that imported more from Nepal than from Chinese Taipei.

Difference in imports from Nepal (Flag) and Chinese Taipei (Flag) (2023)

Comparative Advantage Chinese Taipei - Nepal

Flow
Scale

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

During 2023, Chinese Taipei had a large net trade with Nepal in the exports of Metals ($21M), Machines ($2.7M), and Plastics and Rubbers ($1.8M).

During 2018, Nepal had a large net trade with Chinese Taipei in the exports of Textiles ($990k), Metals ($299k), and Miscellaneous ($156k).

Economic Complexity

Competitive Landscape

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

Product Space of Chinese Taipei (Flag) and Nepal (Flag) (2023)

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