KATHMANDU: Nepal imported goods worth Rs 1920.45 billion in the fiscal year 2021/22.

The Nepal Rastra Bank (NRB), in its Current Macroeconomic and Financial Situation of Nepal, has said that merchandise imports increased 24.7 percent to Rs 1920.45 billion compared to an increase of 28.7 percent a year ago.

The central bank said that imports from India increased by 23.3 percent and 13.2 percent from China while 36.3 percent from other countries.

The NRB said merchandise imports from India amounted to Rs 213.53 billion compared to Rs 190.54 billion in the previous year.

Imports of petroleum products, medicine, crude palm oil, sponge iron, and gold, among others, increased whereas imports of M.S. billet, cement, rice/paddy, pulses, medical equipment and tools, among others, decreased in the last fiscal year.