Nepal's Trade Deficit At Rs. 6.49 Kharba for First 5 Months of FY 2082/83; Both Import and Export Inclines
Summary
Nepal's trade deficit reached Rs. 6.49 Kharba during the first five months of FY 2082/83 as both imports and exports increased, with imports rising by 15.83% and exports by 58.17%.
Key Points
- Nepal's trade deficit for the first five months of FY 2082/83 rose by 10.52 percent.
- Imports increased by 15.83 percent, totaling approximately Rs. 7.66 Kharba.
- Key imported goods include mineral fuels and oils, fats and oils, iron and steel, and vehicles.
- Exports rose by 58.17 percent to Rs. 1.16 Kharba, led by fats and oils, man-made fibres, carpets, and coffee, tea, and spices.