what is the overall status of trade in nepal.
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Encyclopedia of the Nations
Asia and the Pacific Nepal
Nepal - International trade
Nepal is a landlocked nation, surrounded by India on 3 sides and by Tibet (now a province of China) in the north. Historically, international trade before the 1950s was with these countries. Exports have consisted of primary agricultural produce, while everything not produced locally has been imported. Throughout the years of development, these imports have included industrial inputs, fertilizers, and petroleum. Since the 1970s, the balance of trade has been increasingly negative. During the same period, however, exports of garments and carpets have grown, reaching sales close to US$300 million, and trade with other countries has increased to the detriment of the trade with India.
Encyclopedia of the Nations
Asia and the Pacific Nepal
Nepal - International trade
Nepal is a landlocked nation, surrounded by India on 3 sides and by Tibet (now a province of China) in the north. Historically, international trade before the 1950s was with these countries. Exports have consisted of primary agricultural produce, while everything not produced locally has been imported. Throughout the years of development, these imports have included industrial inputs, fertilizers, and petroleum. Since the 1970s, the balance of trade has been increasingly negative. During the same period, however, exports of garments and carpets have grown, reaching sales close to US$300 million, and trade with other countries has increased to the detriment of the trade with India.
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Nepal is a country which stand for international trade IT sales many luxurious products all over the world
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