Nepal foreign trade expands in early FY 2026/27 despite Rs 324 billion deficit: Everything you need to know
Summary
Nepal’s foreign trade rose sharply in the first two months of FY 2026/27, with imports climbing to Rs 401.51 billion and exports jumping 61.86 percent to Rs 76.58 billion. Despite the growth, the country still faced a Rs 324 billion trade deficit, while the August flash flood in Rasuwa disrupted the Rasuwagadhi border crossing with China and shifted trade to Korala.
Key Points
- Nepal’s total foreign trade reached Rs 478.10 billion in the first two months of FY 2026/27, up 35.64 percent year on year.
- Exports grew 61.86 percent to Rs 76.58 billion, led by soybean oil, while imports rose 31.58 percent to Rs 401.51 billion.
- The trade deficit stood at Rs 324 billion, showing Nepal still imports far more than it exports despite the stronger export performance.
- The August 26 flash flood in Rasuwa damaged the Rasuwagadhi crossing and pushed trade toward Mustang’s Korala border point.
