Nepal has recorded a trade deficit of Rs 1177 billion, according to the latest figures from the Department of Customs as of mid-May. The country’s imports far outpaced its exports, with goods worth Rs 1303 billion imported, while exports were limited to just Rs 126 billion. In the first ten months of the current financial […]
Nepal records Rs 1177 billion trade deficit in ten months Read Post »
According to the Department of Customs, Nepal’s export earnings were Rs 74.96 billion, only one-tenth of the hefty import of Rs 768.16 billion from mid-July to mid-January. Despite this, there was a modest 2.62 percent decline in the overall trade deficit, reaching Rs 693.19 billion in the review period. Trade dynamics with India significantly contributed
Nepal spending Rs. 10.25 on imports for every Rs 1 earned through export (FY 2023/24) Read Post »
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