Exports Surge by 81%, Trade Deficit Crosses NPR 1.5 Trillion
In the fiscal year 2081/82, Nepal's total foreign trade reached NPR 1.745 trillion, according to the Department of Customs. While exports surged by 81.8%, imports increased by 13.25% compared to the previous year.
Trade Figures for FY 2081/82 vs. 2080/81
| Indicator | 2081/82 (Current Year) | 2080/81 (Previous Year) | Change |
|---|---|---|---|
| Total Trade | NPR 1.745 trillion | NPR 1.745 trillion (same) | - |
| Imports | NPR 1.804 trillion | NPR 1.592 trillion | +13.25% |
| Exports | NPR 277.3 billion | NPR 152.38 billion | +81.8% |
| Trade Deficit | NPR 1.527 trillion | NPR 1.440 trillion | +6% |
Key Takeaways:
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Despite an 81% surge in exports, the trade deficit still widened by 6%, crossing NPR 1.5 trillion.
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Imports remain dominant, accounting for NPR 1.804 trillion compared to NPR 277.3 billion in exports.
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The trade deficit rose from NPR 1.440 trillion (2080/81) to NPR 1.527 trillion (2081/82).
Analysis:
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Export growth is positive but insufficient to offset the high import dependency.
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Trade imbalance persists, indicating Nepal’s reliance on foreign goods.