import-export ratio

Business | Finance | Economy

Nepal’s Foreign Trade Declines Significantly, Imports Outweigh Exports

May 20, 2024

Nepal’s trade landscape reflects a concerning downturn, with foreign trade experiencing a substantial decline during the first ten months of the current fiscal year. Reports indicate a stark plunge of 36.69 billion rupees, painting a challenging picture for the nation’s economic outlook. As of April, Nepal’s total foreign trade stands at 1.429 trillion rupees, showcasing […]