2022
Flag  
GDP
$161BCURRENT US$
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2012-2022
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GDP GROWTH
-12.1%CURRENT US$
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2022
Flag
 GDP
$40.8BCURRENT US$
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2012-2022
Flag
GDP GROWTH
88.1%CURRENT US$
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2022
Flag
GDP PC 
$4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH
13.2%CURRENT US$
Rnk 103 / 186
2022
Flag
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

Ukraine-Nepal Trade: In 2022, Ukraine exported $18.6M to Nepal. The main products that Ukraine exported to Nepal were Rapeseed ($8.17M), Seed Oils ($8.09M), and Metal Stoppers ($913k). Over the past 5 years the exports of Ukraine to Nepal have increased at an annualized rate of 3.59%, from $15.6M in 2017 to $18.6M in 2022.

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

Nepal-Ukraine Trade: In 2022, Nepal exported $18.5k to Ukraine. The main products that Nepal exported to Ukraine were Jewellery ($7.81k), Knotted Carpets ($2.79k), and Felt ($2.02k). Over the past 5 years the exports of Nepal to Ukraine have decreased at an annualized rate of 28.1%,  from $96.1k in 2017 to $18.5k in 2022.

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

Comparison In 2022,  Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5),  and 61 in total exports ($47.1B). 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, Ukraine exported $18.6M to Nepal. The main products exported from Ukraine to Nepal were Rapeseed ($8.17M), Seed Oils ($8.09M), and Metal Stoppers ($913k). During the last 5 years the exports of Ukraine to Nepal have increased at an annualized rate of 3.59%, from $15.6M in 2017 to $18.6M in 2022.

In 2017, Nepal exported $18.5k to Ukraine. The main products exported from Nepal to Ukraine were Jewellery ($7.81k), Knotted Carpets ($2.79k), and Felt ($2.02k). During the last 5 years the exports of Nepal to Ukraine have decreased at an annualized rate of 28.1%, from $96.1k in 2022 to $18.5k in 2017.

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

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

Latest Data

Trade between Ukraine (Flag) and Nepal (Flag)

Ukraine Exports

Market Competitiveness

Color
Ukraine
Top Destination
Poland$6.7B
Nepal
Top Destination
India$956M

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

In 2022, countries that imported more from Ukraine than Nepal included Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

In 2022, countries that imported more from Nepal than Ukraine included Central African Republic ($8.88M), Bhutan ($3.99M), and Cambodia ($1.4M).

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

Comparative Advantage Ukraine - Nepal

Flow
Scale

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

During 2022, Ukraine had a large net trade with Nepal in the exports of Animal and Vegetable Bi-Products ($8.71M), Vegetable Products ($8.43M), and Metals ($913k).

During 2017, Nepal had a large net trade with Ukraine in the exports of Precious Metals ($9.09k), Textiles ($6.16k), and Metals ($1.66k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ukraine Nepal+$1.06MSoybean Oil
Top Product Potential Nepal Ukraine+$8.31kKnotted Carpets

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

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

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