Trade Deficit of Nepal Widens by 6.72 Percent | Export Grows by 72.71 Percent

May 22, 2025 | Investopaper

In the first ten months (Shrawan-Baisakh) of the current fiscal year 2081/82, the trade deficit widened by 6.72 percent. The trade deficit in the 10 months of the fiscal year 2081/82 reached Rs 1,256.27 billion. The trade deficit during the same period previous year was Rs 1,177.18 billion.

The imports have increased by 13.11 percent. Goods worth Rs. 1,474.18 billion were imported in the 10 months period, which stood at Rs 1,303.35 billion in the same period of the previous year.

Similarly, the export grew by 72.71 percent as compared to the corresponding period of previous fiscal year. About Rs 217.91 billion worth of items were exported in the 10 months period.

International Trade Situation Of Nepal- FY 2081/82

SN Trade Indicators FY 2081/82 (First 10 Months) FY 2080/81 (First 10 Months) Change (%)
1 Imports (Rs.in `000)                      1,474,188,297.23                   1,303,357,038.88            13.11
2 Exports (Rs.in `000)                          217,911,059.40                       126,173,548.34            72.71
3 Trade Deficit (Rs.in `000)                      1,256,277,237.83                   1,177,183,490.54              6.72
4 Total  Foreign Trade (Rs.in `000)                      1,692,099,356.63                   1,429,530,587.22            18.37
5 Imports/Exports Ratio                                              6.77                                        10.33          (34.51)
6 Exports Share to Total Trade (%)                                           12.88                                           8.83            45.91
7 Imports Share to Total Trade (%)                                           87.12                                        91.17            (4.44)

Source: Department of Customs


International Trade Situation Of Nepal- FY 2080/81

In the twelve months (Shrawan-Ashad) of the last fiscal year 2080/81, the trade deficit had declined by 0.96 as the imports had decreased by 1.16 percent. The trade deficit fell by about Rs 13.98 billion as compared to the corresponding period of the previous fiscal year.

The trade deficit in the twelve months of the fiscal year 2080/81 reached Rs 1,440.60 billion. The trade deficit during the same period previous year was Rs 1,454.59 billion.

Goods worth Rs. 1,592 billion were imported in the last fiscal year, which stood at Rs 1,611 billion in the same period of the previous year.

However, the export fell by 3.03 percent as compared to the corresponding period of previous fiscal year. About Rs 152.38 billion worth of items were exported in the fiscal year 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 6.72 Percent | Export Grows by 72.71 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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