November 25: The country's trade deficit in the first four months of the current fiscal year (FY 2023-24) has surpassed Rs 460 billion.    
According to data released by the Department of Customs, the country has a trade deficit of Rs 461.93 billion as of mid-November this year.    
According to the department, the country's foreign trade volume during this period was over Rs 563 billion while the import volume was worth over Rs 50.56 billion.    
Comparing to the foreign trade with the data of the corresponding period in the last fiscal year, the import value went down by 3.79 percent, export by 7.68 percent, trade deficit by 3.34 percent and the overall foreign trade by 4.15 percent.

India remains the largest trade partner of Nepal.    
In the first four months of the current fiscal year, Nepal-India trade value stood at over Rs 347 billion, resulting in a trade deficit of over Rs 281 billion. -- RSS