BARA, July 22: Following a significant decrease in vegetable production due to heavy rains in India's Uttar Pradesh last week, Nepali tomato exports are experiencing a surge in demand and finding a robust market in the neighboring country. This surge is attributed to the seamless customs process that allows Nepalese vegetable producers to send their goods to the Indian market without any hindrance.
The export of haylage from Nepal to China on Saturday represents a significant milestone in the economic cooperation between these two nations. With the successful shipment of 10 containers of animal feed from Bharatpur to Shigatse in Tibet Autonomous Region (TAR) of China, this achievement not only signifies the growth of Nepal's agricultural industry but also brings high hopes and promising opportunities for both countries.
KATHMANDU, April 30: After wheat and rice, India will also now stop exporting sugar. The Indian government has started preparations to stop the export of sugar after it became difficult to meet the domestic demand.
Nepal's electricity production has reached a milestone of 2,689.83 MW, and the capacity is expected to cross 2,800 MW by the end of the current fiscal year. This achievement is a testament to the country's progress in the power sector, thanks to both the public and private sector's contributions.
KATHMANDU, April 12: During the first eight months of Fiscal Year 2022/23, merchandise exports decreased 29.1 percent to Rs 104.80 billion against an increase of 82.9 percent in the same period of the previous year.
KATHMANDU, March 23: During the first eight months of the current Fiscal Year 2022/23, Nepal has imported goods worth one trillion rupees. According to the data of the Department of Customs, goods worth over 1 billion were exported, while the country imported goods worth Rs 1.38 trillion during the period.
KATHMANDU, March 12: Both export and import have decreased in the first seven months of the current fiscal year 2022/23. This is stated in the Current Macroeconomic and Financial Situation, based on seven months' data ending mid-February, released by Nepal Rastra Bank (NRB) today.
SARLAHI, Feb 23: The Agriculture Wholesale Bazaar Management Committee (AWBMC) in Sarlahi has exported agricultural products worth over Rs 1 billion in seven months of the current fiscal year, 2022/23.
KATHMANDU, Feb 7: The Government of Nepal today unveiled its National Pashmina Sector Export Strategy 2022-2026', which is expected to enhance the supply capacities of the private sector and reconnect the sector with regional and global markets for more Himalayan Chyangra Pashmina exports.
KATHMANDU, Dec 17: Palm oil and soybean oil, which had been giving Nepal a notable amount of export earnings for the past few years, witnessed a sharp decline in exports in the first four months of the current fiscal year.
As agriculture has not been able to attract the youth even in the rural areas, the farmlands in various districts in the country are left fallow. And we have been consuming agricultural products by importing them from abroad. We have been importing almost everything we consume including rice, corn, wheat, potatoes, edible oil, spices etc.
KATHMANDU, Oct 22: Merchandise exports decreased 34.9 percent to Rs.28.68 billion during the first two months of 2022/23, as against an increase of 115.4 percent in the same period of the previous year, Nepal Rastra Bank (NRB) stated in its report entitled Current Macroeconomic and Financial Situation of Nepal (Based on Two Months’ Data Ending Mid-September, 2022/23) released on Friday.
KATHMANDU, OCT 17: Nepali cement manufacturers have stepped up their efforts to export local cement after the government enforced providing eight percent cash incentives on the export of construction material.
KATHMANDU, Oct 12: The two-day Nepal Green Hydrogen Summit has been concluded by brainstorming on issues such as the state of hydrogen production technology, investment potential and policy management.
BIRGUNJ, Sept 10: Rice traders in the Bara and Parsa industrial corridor have said that the decision of the Indian government to impose 20 percent customs duty on export of rice and paddy will have a direct impact on the Nepali market.
KATHMANDU, August 21: Electricity worth nearly Rs 2 billion has been exported to India in the first month of the current fiscal year 2022/23. Nepal Electricity Authority (NEA) has exported electricity worth Rs 1.84 billion in the one month period from mid-July to mid-August of the current FY.
KATHMANDU, August 18: Nepal Electricity Authority (NEA) has revealed that working on making the country self-reliant in hydropower and exporting surplus hydroelectricity to neighboring countries remained its long-term goals. Speaking at the NEA’s 37th Anniversary Program held on Wednesday, dignitaries attending the program including NEA’s Managing Director Kul Man Ghising shared the plans of the authority.
KATHMANDU, August 4: Following the government’s decision to restrict the selling of wood products produced from forests, the import of furniture and wood has skyrocketed in the country. While there is a shortage of dollar reserves in the country, about Rs 18 billion went out of the country in the fiscal year 2021/22 alone due to the increase in the import of wood, furniture, and furnishing materials. On the other hand, wood materials produced from the forests of Nepal are decaying.
BHAKTAPUR, July 31: While Nepal is increasingly becoming dependent on other countries for a majority of commodities, it remains self-reliant in the grill and steel business. Businessmen have said that if it is given more emphasis, export to foreign countries could also be probable soon.
KATHMANDU, July 20: The export of steel rod from Nepal has started for the first time to India. Bhairahawa-based Shree Steel has exported a truckload of steel rods through Belhiya customs point on Wednesday.
KATHMANDU, July 15: Nepal Electricity Authority (NEA) has exported electricity worth Rs 2.15 billion to India in one and a half months. The authority sold electricity equivalent to the aforementioned amount at a competitive rate in the Indian Energy Exchange (IEX) market.
KATHMANDU, July 13: Export through the dry port at Chobhar in Kathmandu has begun by transporting a truck laden with home-made woolen items to Denmark for the first time on Tuesday, according to the Chobhar Customs Office.