Monthly export and import for the first 5 months of FY 2019/20. Source: Nepal Rastra Bank
Monthly export for the first 5 months of FY 2019/20. Source: Nepal Rastra Bank
Monthly import for the first 5 months of FY 2019/20. Source: Nepal Rastra Bank
Monthly export and import for the first 5 months of FY 2019/20. Source: Nepal Rastra Bank

Imports decreased by 4.2% whilst export increased by 27% over the corresponding period of previous year. Trade imbalance decreased by 6.3% over the corresponding year. The picture may deteriorate in coming months as India will restrict import of palm oil from Nepal. India dominates the foreign trade representing 60% of total trade.

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