foreign trade

Nepal imported goods from 164 countries.

The country has witnessed a trade deficit of Rs 1577 billion in the first 11 months of the current fiscal year

This is 24.94 percent more than the trade deficit recorded in the corresponding period last fiscal year.

India on Sunday said it would keep a window open to export wheat to food-deficit countries at the government level despite restrictions announced two days earlier.

The Central Bureau of Statistics has projected that the import of products will reach Rs. 2 trillion in the current fiscal year.

As Russia has ordered operations in Ukraine, Korean companies have been also impacted. Korean companies have returned their expatriates from Ukraine, and are closely watching the situation.

Exports of Nepali goods to India and other countries have increased significantly in the last six months of the fiscal year.

Nepal’s foreign trade has increased by 63% in the first five months of the current fiscal (beginning from July 16) compared to the corresponding period last year.

In the first three months of the current fiscal year, the country's foreign trade has increased.

The foreign trade via Kakarbhitta, an eastern custom point in the Jhapa district, recorded a huge trade loss.