Nepal recorded a trade deficit of 103928.80 Million NPR in March of 2019. Balance of Trade in Nepal averaged -35037.73 Million NPR from 2001 until 2019, reaching an all time high of -3913.30 Million NPR in October of 2001 and a record low of -132194.70 Million NPR in September of 2018.

Balance of Trade in Nepal is expected to be -90400.00 Million NPR by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Nepal to stand at -91900.00 in 12 months time. In the long-term, the Nepal Balance of Trade is projected to trend around -91900.00 Million NPR in 2020, according to our econometric models.

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Nepal Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-103928.80 -107692.80 -3913.30 -132194.70 2001 - 2019 Million NPR Monthly

Nepal Balance of Trade
Nepal’s lack of infrastructure and geographic constraints has led to chronic trade deficits. Nepal mainly exports iron and steel, knotted carpets, textiles, plastics, hollow tubes, beverages and vegetables. Nepal mainly imports oil, gold, iron and steel, clothes, pharmaceutical products, cement, electronic appliances, food and vehicles..

Nepal Trade Last Previous Highest Lowest Unit
Balance of Trade -103928.80 -107692.80 -3913.30 -132194.70 Million NPR [+]
Current Account -265365.90 -204431.60 86636.00 -265365.90 Million Rupees [+]
Current Account to GDP -8.20 -0.40 6.20 -8.20 percent [+]
Exports 8598.10 8145.60 9045.90 2831.60 Million NPR [+]
Imports 112526.80 115838.30 141240.60 8000.30 Million NPR [+]
Gold Reserves 6.43 6.43 6.50 0.00 Tonnes [+]
Terms Of Trade 101.50 101.30 163.90 99.90 points [+]
Terrorism Index 5.09 5.30 6.86 4.39 [+]
Foreign Direct Investment 17512.80 13503.90 17512.80 -469.70 NPR Million [+]