Kathmandu – During the five months of the current fiscal year 2081/82, Nepal has conducted foreign trade with a total of 148 countries. Out of these, Nepal has a deficit in trade with 119 countries, according to the data released by the Customs Department.

Accordingly, the largest share of Nepal’s foreign trade is with India and China, while Nepal has done only a few thousand trade with some countries.

During the five months, Nepal has suffered a deficit of 358 billion 546.3 million rupees in trade with India. According to the data, Nepal has imported goods worth 410 billion 556.6 million rupees from India and exported goods worth 52 billion 10 million rupees.

Similarly, there has been a deficit of 129 billion 63 million rupees with China. In the five months, Nepal has imported goods and services worth 131 billion 377.4 million rupees from China. During the same period, goods worth 17 billion 458.2 million rupees have been exported from Nepal.

Nepal has a surplus with the South Asian country Afghanistan. The department has stated that goods and services worth 408.1 million were exported from Afghanistan during the five-month period, while goods worth 12.3 million were imported.

Nepal has benefited from trade with countries including Austria, Denmark, Georgia, Iran, Iceland. Similarly, Nepal has suffered losses in trade with many countries including Hong Kong, Hungary, Guatemala, Estonia, and France.