Imports decline
Nepal saw imports worth Rs1.611 trillion and exports of Rs157.1 billion in the last financial year, a drop of 16.1 % in imports and 21.4% in exports compared to the previous year. Imports of sponge iron and chemicals saw an increase, while that of vehicle parts, medicine and oil declined. On the export side, zinc sheets and cardamom recorded a rise, but soybean oil and jewellery saw a decline. The trade volume also fell by 15.5%, leading to a deficit of Rs1.454 trillion.
