Vietnam (VNM) and Nepal (NPL) Trade | The Observatory of Economic Complexity

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Vietnam-Nepal Trade: In 2022, Vietnam exported $67.9M to Nepal. The main products that Vietnam exported to Nepal were N/A. Over the past 5 years the exports of Vietnam to Nepal have decreased at an annualized rate of 5.98%, from $92.4M in 2017 to $67.9M in 2022.

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

Nepal-Vietnam Trade: In 2022, Nepal exported $1.08M to Vietnam. The main products that Nepal exported to Vietnam were N/A. Over the past 5 years the exports of Nepal to Vietnam have decreased at an annualized rate of 26.8%, from $5.15M in 2017 to $1.08M in 2022.

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

Comparison In 2023, Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and 15 in total exports ($424B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Vietnam exported $67.9M to Nepal. There were not main exports from Vietnam to Nepal in 2022. During the last 5 years the exports of Vietnam to Nepal have decreased at an annualized rate of 5.98%, from $92.4M in 2017 to $67.9M in 2022.

In 2017, Nepal exported $1.08M to Vietnam. There were not main exports from Nepal to Vietnam in 2017. During the last 5 years the exports of Nepal to Vietnam have decreased at an annualized rate of 26.8%, from $5.15M in 2022 to $1.08M in 2017.

Exports from Vietnam () to Nepal () (2022)

Exports from Nepal () to Vietnam () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Vietnam
Top DestinationN/AN/A

Nepal
Top DestinationN/AN/A

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

N/A

Difference in imports from Nepal () and Vietnam () (2023)

Comparative Advantage Vietnam - Nepal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Vietnam had a large net trade with Nepal in the exports of .

During 2017, Nepal had a large net trade with Vietnam in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Vietnam Nepal+$5.82MTelephones

Top Product Potential Nepal Vietnam+$690kNon-Retail Synthetic Staple Fibers Yarn

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Vietnam () to Nepal () (2022)

Exports from Nepal () to Vietnam () (2022)

Market Competitiveness

Difference in imports from Nepal () and Vietnam () (2023)

Comparative Advantage Vietnam - Nepal

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Vietnam () and Nepal () (2022)

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