May 10,Kathmandu: Country’s foreign trade has increased by 36 per cent in the first nine months of the current fiscal year.
The improvement was recorded by the Trade and Export Promotion Centre. Compared to the same time of the previous year, the foreign trade was increased by 35.9 per cent, resulting in the transaction of Rs 781 billion.
In the total trade, the export and import contributed to 7.1 and 92.9 per cents respectively. During the review period, the export was increased by 9.9 per cent while the import by 38.4 per cent.
Major goods and products exported during the review period are woollen carpet, lentil pulse, readymade garment, polyester and textile, iron and steel items, handicrafts, chow chows, toothpaste, cardamom, ginger, Nepali handmade paper, hide, pashmina shawl and medicinal herbs.
The imports to Nepal are from China, India, UAE, France, Indonesia, Thailand, Argentina, USA, South Korea, Saudi Arabia, Canada, Japan, Malaysia and Vietnam. RSS