Nepal Reports Trade Deficit with 134 Countries in FY 2082/83

Kathmandu. Nepal has incurred a trade deficit with 134 countries in the fiscal year 2082/83. A report based on the data from the Department of Customs, released on Thursday, shows this. According to the data, Nepal's trade has been profitable with only 28 countries this year.

Overall, Nepal's total trade deficit reached 17 kharba 81 arba 8 crore rupees during the review period. During this period, Nepal imported goods worth 20 kharba 96 arba rupees while managing to export only about 3 kharba 15 arba rupees. Nepal's largest trade deficits are with neighboring countries India with 9 kharba 51 arba rupees and China with 4 kharba 23 arba rupees.