Nepal has incurred a trade deficit of about Rs 400bn in the first three months of the current fiscal year 2025/26. According to the foreign trade statistics released by the Customs Department, imports stood at Rs 46bn, while exports amounted to Rs 72.78bn during this period.
This resulted in a trade deficit of Rs 395bn out of a total foreign trade volume of Rs 540bn by October. In the last three months, imports from neighboring India amounted to Rs 258bn and exports amounted to Rs 59bn, resulting in a deficit of Rs 199bn.
Similarly, the trade deficit with China was Rs 14.7bn by October. Imports from China were valued at Rs 14.8bn and exports at only Rs 186m.
Nepal recorded the highest trade surplus with Denmark, with imports worth just Rs 4m and exports standing at Rs 289m, resulting in a trade gain of Rs 249.8m. Trade surpluses were also recorded with countries like Germany, Romania, Sweden, and Lebanon.
Among imports, petroleum products topped the list in the last three months. Nepal imported worth Rs 16.78bn, diesel worth Rs 20.69bn, and LP gas worth Rs 13.98bn during this period. Additionally, smartphones worth Rs 13.62bn were imported.
