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2 clusters · 4 sources · 4 days · First seen · Last updated

Nepal petroleum import value increase

Overview

During the first two months of the 2026/27 fiscal year, Nepal’s petroleum import value increased by 73 percent to Rs 65.49 billion. Fossil fuel imports accounted for 16.31 percent of the country’s total import value, which reached Rs 401.51 billion.

Specific expenditures included Rs 28.03 billion for diesel, Rs 16.13 billion for petrol, Rs 5.22 billion for aviation fuel, and Rs 16.02 billion for cooking gas. Traders attributed the surge to rising international oil prices, a higher volume of purchased quantities, and the increased value of the US dollar.

Entities

Department of Customs · National Board of Revenue · Bangladesh Petroleum Corporation · Nepal

Timeline

  1. [BUSINESS] 3 sources
    Nepal smartphone imports reach NPR 9.74 billion

    Nepal’s smartphone imports reached NPR 9.74 billion in the first two months of the fiscal year, driven by a shift toward higher-end devices despite a decrease in total unit volume.

  2. [BUSINESS] 2 sources
    Nepal petroleum import value surges 73 percent to Rs 65.49 billion

    Nepal's petroleum import value surged 73 percent to Rs 65.49 billion in the first two months of FY 2026/27, driven by higher international prices and increased purchase volumes.

Sources

en.prothomalo.com · ictframe.com · myrepublica.nagariknetwork.com · peoplesreview.com.np