Nepal's Trade Deficit Widens by 13.04% as Imports Surge in First Nine Months of FY 2082/83
Summary
Nepal's trade deficit widened by 13.04% in the first nine months of FY 2082/83 due to a 13.82% surge in imports despite an 18.46% growth in exports.
Key Points
- Nepal's trade deficit increased by approximately 13.04% in the first nine months of FY 2082/83.
- Imports surged by about 13.82%, totaling roughly Rs. 14.90 Kharba during this period.
- Exports grew by about 18.46%, reaching Rs. 2.22 Kharba in the month of Chaitra.
- Key imports included mineral fuels and oils, animal fats and oils, iron and steel, and machinery, while major exports were animal/vegetable fats and oils, coffee, tea, spices, man-made fibres, carpets, and apparel.
