Trade Deficit of Nepal Widens by 26 Percent as Imports Surge by 31.58 Percent

September 24, 2026 | Investopaper

In the first two months (Shrawan-Bhadra) of the current fiscal year 2083/84, the trade deficit of Nepal grew by 26.02 percent. The trade deficit in the first two months of current fiscal year 2083/84 reached Rs 324.93 billion. The trade deficit during the same period previous year was Rs 257.83 billion.

The imports have increased by 31.58 percent. Goods worth Rs. 401.51 billion were imported in the 2 month period, which stood at Rs 30.51 billion in the same period of the previous year.

Similarly, the export grew by 61.86 percent as compared to the corresponding period of previous fiscal year. About Rs 76.58 billion worth of items were exported in the 2 months period.

SN Trade Indicators FY 2083/84 (First Two Months) FY 2082/83 (First Two Months) Change (%)
1 Imports (Rs.in `000)                        401,518,982.54                      305,155,098.59            31.58
2 Exports (Rs.in `000)                          76,587,539.10                         47,317,662.65            61.86
3 Trade Deficit (Rs.in `000)                        324,931,443.43                      257,837,435.94            26.02
4 Total  Foreign Trade (Rs.in `000)                        478,106,521.64                      352,472,761.24            35.64
5 Imports/Exports Ratio                                            5.24                                          6.45          (18.71)
6 Exports Share to Total Trade (%)                                          16.02                                        13.42            19.33
7 Imports Share to Total Trade (%)                                          83.98                                        86.58            (3.00)

Source: Department of Customs


International Trade Situation Of Nepal- FY 2082/83

SN Trade Indicators FY 82/83 (12 Months) FY 81/82 (12 Months) Change (%)
1 Imports (Rs.in `000)        2,096,379,070.11     1,804,122,731.44            16.20
2 Exports (Rs.in `000)           315,290,474.49         277,030,201.56            13.81
3 Trade Deficit (Rs.in `000)        1,781,088,595.62     1,527,092,529.88            16.63
4 Total  Foreign Trade (Rs.in `000)        2,411,669,544.60     2,081,152,933.00            15.88
5 Imports/Exports Ratio                               6.65                             6.51              2.10
6 Exports Share to Total Trade (%) 13.07 13.31            (1.79)
7 Imports Share to Total Trade (%)                             86.93                           86.69              0.27

Source: Department of Customs


International Trade Situation Of Nepal- FY 2081/82

SN Trade Indicators FY 2081/82 (12 Months) FY 2080/81 (12 Months) Change(%)
1 Imports (Rs.in `000)            1,804,122,731.44              1,592,985,528.09            13.25
2 Exports (Rs.in `000)               277,030,201.56                 152,381,244.31            81.80
3 Trade Deficit (Rs.in `000)            1,527,092,529.88              1,440,604,283.78              6.00
4 Total  Foreign Trade (Rs.in `000)            2,081,152,933.00              1,745,366,772.40            19.24
5 Imports/Exports Ratio                                   6.51                                   10.45          (37.70)
6 Exports Share to Total Trade (%)                                 13.31                                     8.73            52.47
7 Imports Share to Total Trade (%)                                 86.69                                   91.27            (5.02)

Source: Department of Customs


International Trade Situation Of Nepal- FY 2080/81

SN Trade Indicators FY 2080/81 (12 Months) FY 2079/80 (12 Months) Change (%)
1 Imports (Rs.in `000)             1,592,985,528.09              1,611,731,769.58            (1.16)
2 Exports (Rs.in `000)                 152,381,244.31                 157,140,695.39            (3.03)
3 Trade Deficit (Rs.in `000)             1,440,604,283.78              1,454,591,074.19            (0.96)
4 Total  Foreign Trade (Rs.in `000)             1,745,366,772.40              1,768,872,464.97            (1.33)
5 Imports/Exports Ratio                                    10.45                                    10.26               1.92
6 Exports Share to Total Trade (%)                                      8.73                                       8.88            (1.72)
7 Imports Share to Total Trade (%)                                    91.27                                    91.12               0.17

Source: Department of Customs


International Trade Situation Of Nepal- FY 2079/80

SN Trade Indicators FY 2079/80 (12 Months) FY 2078/79 (12 Months) Change (%)
1 Imports (Rs.in `000)                    1,611,731,769.58                       1,920,448,349.38 -16.08
2 Exports (Rs.in `000)                        157,140,695.39                          200,030,961.70 -21.44
3 Trade Deficit (Rs.in `000)                    1,454,591,074.19                       1,720,417,387.68 -15.45
4 Total  Foreign Trade (Rs.in `000)                    1,768,872,464.97                       2,120,479,311.08 -16.58
5 Imports/Exports Ratio                                           10.26                                                9.60 6.83
6 Exports Share to Total Trade (%)                                             8.88                                                9.43 -5.83
7 Imports Share to Total Trade (%)                                           91.12                                             90.57 0.61

Source: Department of Customs


International Trade Situation Of Nepal- FY 2078/79

SN Trade Indicators FY 2078/79 (12 Months) FY 2077/78 (12 Months) Change (%)
1 Imports (Rs.in `000)              1,920,448,349.38             1,539,837,067.89 24.72
2 Exports (Rs.in `000)                  200,030,961.70                 141,124,080.46 41.74
3 Trade Deficit (Rs.in `000)              1,720,417,387.68             1,398,712,987.43 23.00
4 Total  Foreign Trade (Rs.in `000)              2,120,479,311.08             1,680,961,148.36 26.15
5 Imports/Exports Ratio 9.60 10.91 -12.01
6 Exports Share to Total Trade (%) 9.43 8.40 12.36
7 Imports Share to Total Trade (%) 90.57 91.60 -1.13

Source: Department of Customs

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One thought on “Trade Deficit of Nepal Widens by 26 Percent as Imports Surge by 31.58 Percent”

  • March 30, 2022 at 12:44 am
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    Thanks for this nice article. While analysing trade deficit, trade deficit as a percentage of GDP is one of the most important measure, you have missed this one.

    Reply

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