Nepalese export up to Baishakh 2077. Source Nepal Rastra Bank

Palm oil dominates Nepalese export up to Baishakh. Amid lock-down due to COVID-19, total export of major commodities increased in first ten months of FY 2019/020 by 15.9% over previous year mainly due to increase in export of palm oil. Palm oil is imported and only packaged in Nepal. So, Value addition in Palm oil is not significant. If we exclude palm oil data, growth in export of major commodities turns out to be negative (-16.3%). Export of major commodities except palm oil have fallen significantly.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.