Nepal’s trade deficit soars to Rs 649.68 billion in first five months of current fiscal year
Summary
Nepal's trade deficit reached Rs 649.68 billion in the first five months of the current fiscal year, with imports at Rs 766.18 billion and exports at Rs 116.50 billion.
Key Points
- Nepal's foreign trade deficit reached Rs 649.68 billion during the first five months of the current fiscal year.
- Total foreign trade volume stood at Rs 882.69 billion, with imports at Rs 766.18 billion and exports at Rs 116.50 billion.
- Imports increased by 15.83 percent and exports rose by 58.17 percent compared to the same period last fiscal year.
- The country recorded a trade deficit of Rs 339.02 billion with India during this period.
