Nepal's Foreign Trade Volume Rises in First Seven Months of Fiscal Year 2082/83
Summary
Nepal's foreign trade volume increased by 15.76% in the first seven months of fiscal year 2082/83, with exports rising by 32.19% and imports by 13.65%, though the trade deficit widened by 10.91%.
Key Points
- Nepal's total foreign trade reached approximately 1.3 trillion rupees in the first seven months of fiscal year 2082/83, a 15.76% increase from the previous year.
- Exports increased to 168.14 billion rupees, showing a 32.19% rise compared to the same period last year.
- Imports climbed to 1.123 trillion rupees, a 13.65% increase from last year.
- The trade deficit widened by 10.91%, reaching 955.34 billion rupees despite the improvement in export-import ratio.
