Nepal’s petroleum import value surges 73 percent to Rs 65.49 billion in current FY
Summary
Nepal’s petroleum import bill surged 73 percent to Rs 65.49 billion in the first two months of FY 2026/27, driven by higher global oil prices, a stronger US dollar and increased purchase volumes. The country’s overall import value also rose sharply, widening the trade deficit to Rs 324.93 billion.
Key Points
- Nepal imported petroleum products worth Rs 65.49 billion in the first two months of FY 2026/27, up 73 percent from the same period last year.
- Petrol, diesel, aviation fuel and cooking gas accounted for most of the petroleum import bill, with diesel and cooking gas imports also rising sharply.
- Mobile phone imports reached 425,000 units worth Rs 9.74 billion during mid-July to mid-September.
- Nepal’s overall imports increased 31.58 percent, exports rose 61.68 percent, and the trade deficit widened to Rs 324.93 billion.
