China is the second largest trading partner of Nepal. In 2015/16, total exports to China stood at US$181 million with marginal increase from US$179 million in the previous fiscal year. In contrast, import from China has been growing at the rate of 39 per cent per year. It rose from US$421 million in fiscal year 2009/10 to US$1,247 million in fiscal year 2015/16. As a result, the trade deficit with China has risen from US$401 million in 2009/10 to US$1228 million in 2015/16. Although, China has given zero tariff entry facility to over 8000 Nepali products starting from 2009, Nepal has not been able to bring the trade deficit down. Nepal exports 370 products including noodles and agro products to China. Nepal regularly participates various trade fairs and exhibitions organized in China. Nepal-China's Tibet Economic and Trade Fair is the regular biannual event hosted by either side alternatively to enhance business interaction and promote economic cooperation between Nepal and TAR. The 15th Nepal China's Tibet Economic and Trade Fair was held on 17–22 November 2015 in Bhrikutimandap, Kathmandu Nepal.