Exports of Rs 65 billion in the third month, increase in imports

8 October, Kathmandu. There are signs of encouraging growth in commodity exports in the current financial year 2078/79. Exports of over Rs 65 billion in the first three months of the current fiscal are indicative of this. According to customs department data, the total amount till July-September is Rs 65.52 billion. This is an increase… Continue reading Exports of Rs 65 billion in the third month, increase in imports

Accountant General’s query on the impact of elevated subsidy on the export of indigenous items

August 4, Kathmandu. The Auditor General’s Office has questioned the effectiveness of the federal government’s 5 per cent subsidy on home exports. Announcing the 58th Annual Report on Friday, the workplace mentioned that the pattern of subsidizing authorities subsidies has elevated however the outcomes haven’t been commensurate with the funding. According to the report, the… Continue reading Accountant General’s query on the impact of elevated subsidy on the export of indigenous items

Nepal’s International Trade: Here Are the Top 10 Import-Export Items

18th July, Kathmandu. Soybean oil, which produces solely 30,000 metric tons yearly in Nepal, has develop into a significant exporter to Nepal. Soybean oil has develop into Nepal’s primary export merchandise, despite the fact that merchants from Nepal haven’t produced it within the nation after rising their exports to India below the SAFTA facility by… Continue reading Nepal’s International Trade: Here Are the Top 10 Import-Export Items

Export Growth: Fat or Swollen?

12 July, Kathmandu. In the monetary yr 2077/78, Nepal imported items value Rs 1.539 trillion and exported items value Rs 141 billion. The share of exports within the complete international commerce is barely 8.40 p.c. However, Nepal has achieved a historic success this yr when it comes to exports alone. This is the primary time… Continue reading Export Growth: Fat or Swollen?

A decade later, the goal is met: exports over 1 trillion rupees

9 June, Kathmandu. Nepal’s export commerce has crossed the one trillion mark. A decade in the past, Nepal aimed to extend exports to over one trillion rupees. This goal has been achieved in 10 months of the present monetary yr. According to the information launched on Sunday by the Customs Department, Nepal’s exports through the… Continue reading A decade later, the goal is met: exports over 1 trillion rupees

There isn’t any enthusiasm in import and export of products value 123 billion rupees a month.

December 8, Kathmandu. The market shrinking because of the corona virus epidemic is slowly gaining momentum. This can also be indicated by international commerce. In the primary 5 months of the present monetary 12 months (July-December), a complete of products value Rs 525.49 billion have been imported. It has seen increased imports in November. This… Continue reading There isn’t any enthusiasm in import and export of products value 123 billion rupees a month.

India exports round one billion electrical energy in a 12 months

August 14, Kathmandu. Nepal has exported practically one billion rupees of electrical energy to India within the final monetary 12 months 2076/77. The Nepal Electricity Authority (NEA), which is accused of importing energy from India to fulfill home demand, exported electrical energy price Rs 957 million to India within the final monetary 12 months. This… Continue reading India exports round one billion electrical energy in a 12 months

There is no hindrance in tea export: Minister of State for Industry Dugad

12 June, Kathmandu. The Ministry of Industry, Commerce and Supply has claimed that there is no hindrance in the export of tea to India. Motilal Dugar, Minister of State for Industry, Commerce and Supply told in the online news that tea was not banned despite some problems in easy exports. Minister of State Dugad said,… Continue reading There is no hindrance in tea export: Minister of State for Industry Dugad

Most foreign trade indices are negative

12 June, Kathmandu. The effects of the corona virus are being felt in multifaceted sectors of the economy. One of them is found in Nepal’s foreign trade. As of the 10th month of the current financial year 2076/77, all indices of foreign trade have been negative as compared to the previous financial year 2075/76. According… Continue reading Most foreign trade indices are negative

Why did India stop importing palm oil and tea from Nepal?

11 June, Kathmandu. Soon after India imposed a formal ban on the export of palm oil from Nepal, a similar ban was imposed on tea. This has left the tea farmers and traders of Nepal, while Corona has indicated that it will add to the problems in the affected economy. The Directorate General of Foreign… Continue reading Why did India stop importing palm oil and tea from Nepal?