KATHMANDU, Feb 20: Import trade reached its highest level in seven months during Magh (mid-January to mid-February) of the current fiscal year, driven by the election. According to the Department of Customs, goods worth Rs 184 billion were imported in Magh (mid-January to mid-February) alone.
During the first seven months of Fiscal Year 2025/26, imports increased by 13.65 percent compared to the same period last year. While goods worth Rs 988 billion were imported in the first seven months last year, the figure has now risen to Rs 1.123 trillion.
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Statistics show that goods worth Rs 143 billion were imported in Shrawan (mid-July to mid-August), Rs 162.11 billion in Bhadau (mid-August to mid-September), Rs 162.92 billion in Ashoj (mid-September to mid-October), Rs 141 billion in Kartik (mid-October to mid-November), Rs 157 billion in Mangsir (mid-November to mid-December), and Rs 173 billion in Poush (mid-December to mid-January).
Alongside imports, exports have also increased by 32.19 percent. By the end of Magh (mid-January to mid-February), goods worth Rs 168.14 billion had been exported. In the same seven-month period last year, exports stood at Rs 127 billion.
The import-export ratio has declined from 7.77 percent to 6.68 percent. As exports remain low relative to imports, the trade deficit increased by 10.91 percent over seven months, reaching Rs 955 billion. In the same period last year, the trade deficit stood at Rs 861 billion.
