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Merchandise exports increase 88.6 percent from Mid-July to Mid-Sept of FY 25/26

Destination-wise, exports to India and other countries increased 139.9 percent and 0.4 percent respectively whereas exports to China decreased 58.5 percent.

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KATHMANDU: During the two months of 2025/26, merchandise exports increased 88.6 per cent to Rs 47.32 billion against a decrease of 5.1 per cent in the same period of the previous year.

This is stated in the report – Current Macroeconomic and Financial Situation of Nepal – published by Nepal Rastra Bank (NRB). The report is based on two months’ data ending in September of Fiscal Year 2025/26.

Destination-wise, exports to India and other countries increased by per cent,nt percent res, whereas exports to China decreased cent.5 per cent.

Exports of soyabean oil, palm oil, jute goods, cardamom, and noodles, among others, increased whereas exports of zinc sheet, particlewoollen, tea, woollen carpet, and oilcake ss among others, decreased in the review period.

During the two months of 2025/26, merchandise imports increased 16.2 per cent to Rs. 305.16 billion compared to an increase of 1 per cent a year ago.

Destination-wise, imports from India, China, and other countries increased by per cent, per cent, and per cent, respectively.

Imports of crude soyabean oil, fertiliser, transport equipment, vehicles and spare parts spareparts and telecommunication equipmen, ts and parts among others, iincreasedd whereas imports of hot rolled sheet in coil, edible oil, readymade garments, oil seeds and garlic, among others, decreased in the review period, the NRB report stated.

Total trade deficit increase8.6 per cent to Rs. 257.84 billion during the two months of 2025/26. Such a deficit had increased 1.8 per cent in the corresponding period of the previous year.

The export-import ratio increased to 15 per cent in the review period from per cent in the corresponding period of the previous year.

During the two months of 2025/26, merchandise imports from India against payment in convertible foreign currency amounted to Rs. 27.75 billion. Such an amount was Rs. 29.93 billion in the same period of the previous year.

As per the Broad Economic Categories (BEC), the final consumption, intermediate, and capital goods accounted for per cent, per cent cent9 per cent.8 per cent of the t,o,tal exports, respectively, in the review period.

In the same period of the previous year, the ratio of the final consumption, intermediate, and capital goods was cent5.6 per cent, 53.2 per cent 1.2 per cent, total ex o  ports respect imports side, the share of final consumption, intermediate, and capital goods per centd 36.8per cent, 54 per cent and 8.9 per cent in the review period. Such ratios were per cent, pert per,centper cent.5 pe, rc,e nt, respectively, in the same period of the previous year.

The y-o-y unit value export price index, basedon  customs, decreasedaper ce, cent per cent whereas the import price index incrper cent.2 per cent in the two months of 2025/26. The terms of trade (ToT) index decreased 1. per cec ntn the review period.