Nepal exports edible oils worth about Rs 56 billion in eight months

27-Mar-2025 08:41 PM

🇳🇵 Nepal’s Edible Oil Exports Surge to Rs 56 Billion in 8 Months 🚀

📢 Key Update: Nepal has exported edible oils worth Rs 56 billion in the last eight months (July 2024 - Feb 2025), marking a massive rise in re-exports to India.

📊 Trade Highlights

✅ Nepal's Total Exports (8 months): Rs 158 billion
✅ Key Export Items:

  • Soybean Oil: Rs 47.94 billion 🏆 (Top Export)

  • Sunflower Oil: Rs 7.98 billion

  • Cardamom: Rs 5.83 billion

  • Carpets: Rs 4.32 billion

📈 Edible Oil Export Growth: +57.2% YoY
📉 Edible Oil Import Growth: +11.2% YoY

🌍 India’s Response & Trade Impact

🔸 Major Buyer: India imports a significant portion of Nepal's soybean oil.
🔸 Sources of Nepal's Imports: Latin America, USA, China.
🔸 India’s Concern: Suspected duty-free re-export loophole leading to tightened import rules for Nepalese edible oils.

⚠️ Challenges for Nepal

📉 Rising Trade Deficit despite strong exports.
📌 India’s Import Restrictions could slow edible oil exports.
📈 Dependency on Re-Exports rather than domestic production.

📅 What’s Next?

🔹 India’s policy changes may curb Nepal’s edible oil exports.
🔹 Nepal’s trade deficit concerns may intensify.
🔹 Alternative markets or local processing may be needed for sustainable growth.

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