Monthly export and import up to Mid-Nov 2020. Source: Nepal Rastra Bank
Monthly export up to Mid-Nov 2020. Source: Nepal Rastra Bank
Monthly import up to Mid-Nov 2020. Source: Nepal Rastra Bank
External Trade: Mid-Nov 2020. Source: Nepal Rastra Bank

External trade of Nepal up to mid-Nov 2020 (for the first four months of FY 2020/021) show overall decline in foreign trade due to COVID-19 pandemics. Imports decreased by 10.6% whilst export increased by10.8% over the corresponding period of previous year. Trade imbalance decreased by 12.5% over the corresponding year. Decline in overall foreign trade in a factor to worry. India dominates the external trade for the first four months of FY 2020/021 representing 66% of total trade.

External Trade: Acronym for Graph

SShrawanMid July to Mid August
BhBhadraMid Aug to Mid Sep
AsAshwinMid Sep to Mid October
KaKartikMid Oct to Mid November
MMangsirMid Nov to Mid December
PPoushMid Dec to Mid January
MMaghMid Jan to Mid February
FFalgunMid Feb to Mid March
CChaitraMid March to Mid April
BBaishakMid April to Mid May
JJesthaMid May to Mid June
AAshadhMid June to Mid July
Acronym for graph published in monthly economic indicators

Leave a Reply Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.