KATHMANDU, 21 March, 2021, (TON): As of mid-March, the nation's import/export imbalance has ascended to Rs 863 billion, as indicated by government measurements.

The Department of Customs says the measure of import, which had descended during the pinnacle of the Covid-19 limitations, returned to ordinariness though that of the fares stayed as powerless as could be expected, prompting the expanded import/export imbalance.

As the first eight months of the current fiscal year are over, the amount of trade deficit stands at Rs 863.2 billion that is 1.63 percent more than the figure recorded exactly one year ago, the department informs.

In the past eight months, Nepal imported petroleum products only for Rs 121.61 billion.

Here are some highlights of the first eight months of the current fiscal year: Imports: Rs 943.98 billion (2.14% more than last year’s figure), Exports: Rs 80.77 million (7.84% more than last year’s), Gross foreign trade amount: Rs 1 trillion and 34.76 billion (2.56% more than last year’s), Share of import: 92.5%, Share of export: 7.88%