Nepal's Trade Deficit At Rs. 10.98 Kharba for Eight Months of FY 2082/83; Both Import and Export Inclines
Summary
Nepal's trade deficit reached Rs. 10.98 Kharba in the first eight months of fiscal year 2082/83, with imports rising by 12.54% and exports increasing by 20.83%.
Key Points
- Nepal's trade deficit rose by approximately 11.22 percent in the first eight months of fiscal year 2082/83.
- Imports increased by about 12.54 percent to Rs. 12.89 Kharba during this period.
- Export sectors like animal and vegetable fats, coffee, tea, spices, and apparel drove export growth.
- Exports recorded a 20.83 percent increase compared to the previous year's Rs.1.58 Arba.