Nepal’s foreign trade continues to grow

Nepal’s external trade increased by 13 percent in the first seven months of the current 2024-25 fiscal year as the country posted a surge in both imports and exports, according to figures released on Thursday.

The total trade stood at 8.03 billion U.S. dollars by mid-February, up from 7.09 billion dollars during the same period in 2023-24, showed the Department of Customs data.

The imports grew by 10.09 percent to 6.97 billion dollars during the period, while the exports jumped by 46.5 percent to 916 million dollars. Xinhua