Nepal Breaking NewsBusinessExports from Nepal goes up By 32 Percent

Exports from Nepal goes up By 32 Percent

Must Read
spot_img

Exports from Nepal goes up By 32 PercentDuring first ten months of the current year 2077/78, exports increased by 32.9 per cent. Domestic products exports totalled Rs. 108.47 billion during this time, up Rs. 82.64 billion in the previous year’s corresponding period.

In the fiscal year 2066/67, the government set a target of exporting more than Rs. 100 billion. The target was met in the first ten months of the current fiscal year, 11 years.

In the same ten-month stretch, international products worth Rs. 1,254.11 billion were imported. As compared to the same time last year, have risen by 22.34 per cent. Goods and worth Rs. 1,025.13 were imported in the same timeframe the previous year.

This year’s trade deficit rose by 21.48 per cent. Imports account for 92.4 percent of total foreign trade. Nepal had a trade deficit of Rs. 943.73 billion in the same period the previous year.

You May Also Like:

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest

Cooperation between Nabil Bank and DV Excellus on agricultural credit

Nabil Bank and DV Excellus (Farming App) have agreed to enable farmers registered on the Farm platform with easy...

More Articles Like This