The official visit by Iranian President Ebrahim Raisi, which ends today, has been marked by mutual praise, and promises to improve ties, particularly in the economic sphere.

KATHMANDU, April 21: Nepal posted a pathetic performance in its foreign trade as of the third quarter of the current fiscal year, with imports recording Rs 137 billion in the past one month compared to total exports earnings of only Rs 113.94 billion in the entire nine months.

Nepal's growing cement industry is emerging as a beacon of hope for the nation's foreign trade, offering a promising avenue to address the widening trade deficit. The government's proactive implementation of effective policies has fueled a five-fold increase in cement exports in the fiscal year 2023/24, demonstrating a stark contrast to the previous year.

KATHMANDU, Nov 24: Nepal spent Rs 104.75 billion on imported goods while the earning from export was mere Rs 9.69 billion in the past one month.

KATHMANDU, Nov 23: Despite being an import-based economy, Nepal's foreign trade has contracted. Imports have declined in the month of Kartik (mid-October to mid-November), despite an expected increase in consumption during the festivals of Dashain, Tihar, Chhath, and others.

KATHMANDU, Sept 25: Nepal’s foreign trade volume declined 5.32 percent with a decline in both imports and exports in the first two months of the current fiscal year.

KATHMANDU, May 22: Foreign trade of the country has decreased by about Rs 311 billion compared to the last fiscal year. According to the Department of Customs, in the 10 months of the current fiscal year (up to April), trade has decreased by Rs 311 billion this year due to a decline in imports and exports. Total foreign trade has decreased by 17.54 percent compared to the corresponding period of last FY.

KATHMANDU, Oct 27: The foreign trade of the country has increased by 68.13 per cent in the first three months of the current fiscal year. It was worth Rs 323 billion 315 million 953 thousand in the first three months of the last fiscal year.