Kathmandu. There has been a significant increase in the export of goods from the country. Nepal Rastra Bank (NRB) has released the current economic and financial status report of the country for the last 11 months of the current fiscal year.
According to the data, the total merchandise exports increased by 77.8 percent to Rs 247.57 billion in the 11 months of the current fiscal year. In the same period last year, such exports had decreased by 3.0 percent.
During the review period, the total import of goods increased by 13.1 percent to Rs 1,644.8 billion. In the same period of the previous year, such imports had decreased by 1.8 percent.
In the 11 months of the current fiscal year, the total merchandise trade deficit increased by 6.3 percent to Rs 1,397.23 billion. In the same period of the previous year, such losses had decreased by 1.7 percent. During the review period, the export-import ratio reached 15.1 percent. In the same period last year, the ratio was 9.6 percent.
