Import of Major Commodities by Nepal ~ Mid-Feb 2020. Source Nepal Rastra Bank

Total import of major commodities for the first seven months of FY 2019/020 decreased by 8.8% over previous year mainly due to decrease in import of MS Billet, Aircraft Spare-parts and Petroleum Products. Significant fall in import of MS Billet was observed. Industries use MS Billet for rolling of TMT Re-Bars and various other structural steel products. So, this is not good sign for development of the nation.

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