Nepal's Foreign Trade Reaches Record High in FY 2082/83 Amidst Widening Deficit

Kathmandu. In the last fiscal year 2082/83, Nepal's total foreign trade volume increased by 15.88 percent to reach 24 kharba 11 arba 66 crore 95 lakh 45 thousand rupees. According to the annual data from July 2082 to June 2083 published by the Department of Customs on Thursday, this trade is the highest ever. The total trade in the previous year was 20 kharba 81 arba 15 crore 29 lakh 33 thousand rupees.

During this period, Nepal's total imports increased by 16.20 percent to reach 20 kharba 96 arba 37 crore 90 lakh 70 thousand rupees. In the previous fiscal year 2081/82, Nepal imported goods and services worth 18 kharba 4 arba 12 crore 27 lakh 31 thousand rupees.