Trade volume totals Rs. 1941 billion
▸ Part of: Nepal Seeks LDC Graduation Deferral to 2029 Citing Economic Concerns
Nepal's foreign trade grew by over 14 percent in the first 10 months of the current fiscal year, with both imports and exports rising. However, the trade deficit also widened significantly, reaching Rs. 1,443.67 billion, as imports outpaced exports. While exports saw growth in sectors like edible oil, carpets, and tea, the country faces structural challenges including limited industrial capacity and high production costs, leading to a continued import-driven trade structure.
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