Nepal’s foreign trade jumped 18.75 percent year-on-year in the first month of fiscal year 2025/26, with exports and imports surging nearly 95.75 percent and 11.42 percent, respectively, according to the Department of Customs.
Between mid-July and mid-August 2025, total trade reached Rs 166.97 billion, up from Rs 140.60 billion in the same period last year. Imports amounted to Rs 143.04 billion, compared to Rs 128.37 billion a year earlier, while exports climbed to Rs 23.93 billion from Rs 12.22 billion.
Refined soybean oil continued to dominate outbound shipments, contributing Rs 10.69 billion—or nearly half—of total exports in terms of value. Other notable exports included woollen and fine animal-hair carpets and textile floor coverings (Rs 820.51 million), refined bleached deodorised palm olein (Rs 671.23 million), and sunflower-seed and safflower oil products (Rs 651.50 million).
On the import side, crude soybean oil topped the list at Rs 10.80 billion, followed by diesel (Rs 5.88 billion), petrol (Rs 5.77 billion), and liquefied petroleum gas (Rs 4.66 billion).
Despite robust export growth, the trade deficit widened slightly by 2.55 percent to Rs 119.10 billion, from Rs 116.15 billion a year earlier.
In fiscal year 2024/25, which ended on July 16, exports had soared 81.8 percent to Rs 277.03 billion—the highest ever—from Rs 152.38 billion in 2023/24. Imports rose 13.25 percent to Rs 1,804.12 billion from Rs 1,592.99 billion in the previous year.
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