Nepal's Trade Deficit Widens 15.67% in Jestha as Imports Surge to Rs. 18.94 Kharba
Summary
Nepal's trade deficit widened by 15.67% in Jestha as imports surged to Rs. 18.94 Kharba, outpacing export growth which rose 12.28% to Rs. 2.77 Kharba.
Key Points
- Nepal's trade deficit increased by 15.67% in Jestha of FY 2082/83.
- Imports grew by 15.16%, rising from Rs. 16.44 Kharba to Rs. 18.94 Kharba.
- Exports increased by 12.28%, from Rs. 2.47 Kharba to Rs. 2.77 Kharba.
- Major import contributors include mineral fuels and oils, fats and oils, and machinery; main exports include fats and oils, coffee, tea, spices, fibres, carpets, and apparel.