Goods worth Rs 65 billion imported from China

Kathmandu: Nepal has imported Chinese goods worth Rs. 65.22 billion via the Rasuwagadhi customs point.

Chief of Rasuwa Customs Office, Timure, Ram Prasad Pathak said the imported goods include vehicles, readymade goods, rubber, shoes, sandals, handbags, hosiery, raw materials for shoes, apples, garlic, and others in the last fiscal year. A large number of electric vehicles were also improved via the Rasuwagadhi customs point.

According to Pathak, Nepal imported a total of 7,377 Chinese vehicles including buses, cars, tricycles, vans, and other vehicles from China. The price of those imported vehicles exceeded Rs 19.57 billion in the fiscal year 2080/081 BS.

However, Nepal exported goods of just Rs 1.96 billion from the Rasuwagadhi customs point, indicating a huge trade deficit between Nepal and China. Pathak shared that copper utensils, carpets, noodles, zinc sheets, aluminum goods, woolen shawls, readymade clothes, and others.

The Customs Office said that it deposited Rs 20.36 billion in the state treasury including customs duty, penalty, and VAT in the fiscal year 2080/081 BS.

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