Sunday, September 8th, 2024

Nepal sees fall in import and rise in export


25 November 2020  

Time taken to read : < 1 Minute


  • A
  • A
  • A

KATHMANDU: The import of foreign goods has decreased while export has increased in the first four months of the current fiscal year 2077/78 BS.

According to the data made public by the Department of Customs, import of foreign goods has declined by 10 percent with the export rise by 10 percent.

In the first four months of the current fiscal year, the foreign goods worth amounting to Rs 402 billion have been imported according to the department.

This is the decrease by 10.62 percent in comparison to the corresponding period last year.

Likewise, the goods exported during the period was worth amounting to Rs 40.2 billion which was 10.81 percent increment in comparison to the last year.

According to the data, Nepal saw trade deficit of Rs 3.62 billion in the corresponding period of four months. This is 12.49 percent decline compared to the last year. RSS

Publish Date : 25 November 2020 16:56 PM

Today’s news in a nutshell

KATHMANDU: Khabarhub brings you a glimpse of major developments of

No alternative to socialism: Prachanda

KATHMANDU: Chairman of Maoist Center Pushpa Kamal Dahal “Prachanda” has

Sugarcane farming down for lack of grants

KAILALI: The area for cultivating sugarcane, an important cash crop,

Nepal-India issues can be resolved through dialogue: PM

KATHMANDU: Prime Minister KP Oli has voiced his confidence that

PM Oli confers awards on 40 civil servants

KATHMANDU: Prime Minister (PM) KP Oli handed over the Civil