Nepal’s Foreign Trade Reaches Rs 4.78 Kharba in First Two Months of FY 2083/84
Summary
Nepal’s imports rose sharply in the first two months of the current fiscal year, while exports also grew strongly, pushing total foreign trade to Rs 4.78 kharba. Despite the gains, the country still faces a large trade deficit as imports far outpace exports.
Key Points
- Nepal imported goods worth Rs 4 kharba 1 arba 52 crore during Shrawan and Bhadra, up from Rs 3 kharba 5 arba 16 crore a year earlier.
- Exports rose to Rs 76 arba 59 crore in the same period, a 61.86% increase year-on-year.
- Total foreign trade reached Rs 4 kharba 78 arba 10 crore, reflecting a 35.64% increase compared with last year.
- The trade deficit remains substantial because imports continue to exceed exports by a wide margin.
