Trade deficit of approximately Rs 400 billion in three months
Summary
Nepal recorded a trade deficit of approximately Rs 400 billion in the first three months of fiscal year 2082/83 BS, with imports at Rs 468 billion and exports at Rs 72 billion. The largest trade deficit was with India and China, while Denmark showed the largest trade surplus.
Key Points
- Nepal recorded a trade deficit of approximately Rs 395 billion in the first three months of fiscal year 2082/83 BS.
- Total imports amounted to Rs 468 billion, while exports were Rs 72 billion during this period.
- Nepal's trade deficit with India was Rs 199 billion, with imports from India at Rs 258 billion and exports at Rs 5 billion.
- The trade deficit with China amounted to Rs 104 billion, with imports at Rs 104 billion and exports at Rs 186 million.
- Nepal maintains trade surpluses with Denmark, Germany, Romania, Sweden, and Lebanon, with the largest trade surplus from Denmark.
- Petroleum products, including petrol, diesel, and LPG, were the highest imported commodities in these three months.