JHAPA, May 20: Nepal’s trade deficit with Bhutan is over Rs 126 billion in the past five years. Exports and imports with Bhutan and Bangladesh are taking place through Kakadbhitta transit in the eastern border of the country.
According to Purna Prasad Lamsal, the information officer for the Mechi Customs Office, Kakadbhitta, Nepal imported goods worth over Rs 177 billion from Bhutan through the transit point in the past five years beginning from the fiscal year 2018/19 until 14 May, 2023 of the current FY 2022/23. The exports to Bhutan during the same period amounted to more than Rs 50.7 billion.
Nepal’s foreign trade declines, trade deficit reaches over Rs 1...
Nepal has been importing cement, raw materials including gypsum from Bhutan, and exporting iron and iron-made products to the country.
Nepal imported over Rs 1.3 billion worth of gypsum from Bhutan in 10 months of the current FY, and exported iron and iron-made products worth more than Rs 3.7 billion.
(RSS)
