Nepal
exports over Rs 1 billion merchandise to some eight countries only, whereas it
imports over Rs 1 billion from 26 countries.
Nepal
exports over Rs 1 billion merchandise to India, USA, Germany, Bangladesh, China
PR, UK, France and Turkey, according to the Trade and Export Promotion Centre
(TEPC) data.
Among the
eight countries, India is the largest importer of Nepal, as it imported Rs
51.78 billion in the last fiscal year 2012-13. Nepal's total exports in the
fiscal year 2012-13 stood at Rs 77.35 billion.
With Rs 5.75
billion import, the USA seconded India to become the second largest export
destination for Nepal.
Germany
became Nepal's third largest export destination with Rs 2.76 billion, followed
by Bangladesh with Rs 2.73 billion, China PR with Rs 2.17 billion, UK (Rs 1.58
billion), and with Rs 1.05 billion each France and Turkey are the seventh and eighth
export destination of Nepal that consumed over Rs 1 billion Nepali merchandise,
the data revealed.
India has
always been the largest export destination for Nepal as a fiscal year ago in
2011-12 too, Nepal exported Rs 50.93 billion worth merchandise, the TEPC data
revealed, adding that in the fiscal year 2010-11, Nepal's export to India stood
at Rs 42.86 billion.
However, Nepal imports Rs 1
billion over merchandises from 26 countries from highest India (Rs 397.95
billion) to lowest Netherlands (Rs 1.26 billion), including China PR, UAE,
Indonesia, Thailand, Argentina, Malaysian, ,USA, Japan, Korea, Ukrainian, Saudi
Arabia, Singapore, Germany, Vietnam, Brazil, Taiwan, Australia, Bangladesh,
France, UK, Switzerland, Canada, Russia and Italy.
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