Nepal Reports Trade Deficit with 134 Countries in FY 2082/83
Summary
Nepal recorded a trade deficit with 134 countries in fiscal year 2082/83, with the largest deficits against India and China, while posting a trade surplus with 28 countries, mainly European and small island nations.
Key Points
- Nepal incurred a trade deficit with 134 countries in fiscal year 2082/83, with only 28 countries yielding a trade surplus.
- The total trade deficit reached 17 kharba 81 arba 8 crore rupees, with imports of 20 kharba 96 arba rupees and exports of 3 kharba 15 arba rupees.
- Nepal's largest trade deficits are with India (9 kharba 51 arba rupees) and China (4 kharba 23 arba rupees).
- Nepal earned trade surpluses mainly with European countries like Denmark, Norway, Romania, and various small island nations.
