Nepal imported goods from 164 countries in last fiscal year - South Asia Time

Nepal imported goods from 164 countries in last fiscal year

 July 26, 2022  

Kathmandu: Nepal imported goods from 164 countries during the Fiscal Year 2021-22.

According to statistics unveiled by the Department of Customs on Monday, Nepal imported goods worth over Rs 1,920 billion last fiscal year. The statistics show that Nepal purchased goods worth over Rs 1,200 billion from India alone while the export was worth Rs 155 billion.

It means the country’s trade deficit with India alone was over 1,044 billion last fiscal year.

After India, China is the second largest supplier to Nepal in one year Nepal imported goods worth over Rs 264 billion, and the export round figure was Rs 887 million, resulting in a trade deficit of worth around Rs 264 billion.