Nepal records Rs 400 billion trade deficits in Q1 of FY 2025/26
Summary
Nepal recorded a trade deficit of nearly Rs 400 billion in Q1 of FY 2025/26, with imports reaching Rs 468 billion and exports Rs 72.8 billion. Gold imports surged to 606 kg amid rising prices and increased investor demand.
Key Points
- Nepal incurred a trade deficit of Rs 395.3 billion in the first quarter of fiscal year 2025/26.
- Total imports stood at Rs 468 billion, while exports reached Rs 72.8 billion.
- Trade deficit with India was Rs 199.7 billion and with China Rs 104.7 billion.
- Gold imports jumped to 606 kilograms from 113.5 kilograms last year due to rising prices and demand.
