Tuesday, January 21st, 2025

Nepal’s International Trade: Imports reach Rs 1.453 trillion, exports at Rs 139 billion in 11 months


21 June 2024  

Time taken to read : 2 Minute


  • A
  • A
  • A

KATHMANDU: In the first 11 months of the current fiscal year, Nepal’s imports amounted to Rs 1.4537 trillion.

According to the Department of Customs (DOC), imports decreased by 1.84 percent compared to the same period last fiscal year, totaling Rs 1.4537 trillion.

Similarly, exports in the current fiscal year fell by 3.01 percent compared to last year.

From August to June of this fiscal year, exports amounted to Rs 139.26 billion, while during the same period last year, exports were Rs 143.58 billion.

With the decline in both imports and exports, the trade deficit has also decreased by 1.72 percent.

Last fiscal year’s trade deficit was Rs 1.3374 trillion, while in the same period of the current fiscal year, it stood at Rs 1.3144 trillion.

Major imports from foreign countries included diesel, petrol, and LPG gas.

In 11 months, the highest import was diesel, amounting to Rs 129.20 billion.

Additionally, Rs 62.87 billion worth of petrol and Rs 51.073 billion worth of LPG gas were imported.

The main exports from Nepal included carpets, cardamom, and iron and steel.

In the first 11 months of the current fiscal year, carpets worth Rs 9.7318 billion, cardamom worth Rs 7.47 billion, and steel worth Rs 6.166 billion were exported, according to the department.

Publish Date : 21 June 2024 16:24 PM

PM Oli interacts with IT experts, entrepreneurs

KATHMANDU: Prime Minister KP Sharma Oli has said that a

Tea worth Rs 2.95 billion exported in six months

JHAPA: The Mechi Customs Office has witnessed 55.70 percent rise

Department of Archaeology to begin excavations in Panchkhal

KATHMANDU: The Department of Archaeology is set to resume excavations

NEPSE index up by 5 points

KATHMANDU: The Nepal Stock Exchange (NEPSE) index posted a marginal

Prachanda predicts collapse of coalition govt

KATHMANDU: Maoist Center Chairman Pushpa Kamal Dahal has expressed doubts