Consumers, driven by a nostalgic connection to their homeland, are eager to buy items familiar to them with minimal effort and brief . . . Read more »
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Although Portugal is an important economic power in Europe, bilateral trade between Nepal and Portugal remains relatively . . . Read more »
The government has earmarked Rs 900 million to provide incentives to exporters in fiscal year . . . Read more »
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The strategy suggests restructuring current organisational set up for effective . . . Read more »
Nepal's exports to China are pathetic. This trend is further exacerbated by a discouraging export ratio of 1:126 in Fiscal Year . . . Read more »
Nepal's service trade has experienced an erratic trend over the past 23 . . . Read more »
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Nepal and the United States have established a strong relationship focused on supporting Nepal's development and achieving its objectives of prosperity and independence. In 2016, Nepal became one of . . . Read more »
Nepal has implemented various measures to promote exports and reduce reliance on imports since the adoption of a new political system in 2008. The country's trade policies, including the focus on . . . Read more »
The modernization of Nepal's agricultural sector is characterised by a shift away from traditional farming practices, with local seeds and breeds being replaced by hybrid alternatives and the . . . Read more »
The World Customs Organisation reports that more than 200 countries and economies rely on the Harmonised System (HS) as the basis for their customs tariffs and collection of international trade . . . Read more »
International Non-Governmental Organisations (INGOs) started their activities in Nepal in the early 1950s. Their activities gained momentum with the implementation of more liberal policies by the . . . Read more »
Nepal has witnessed 9 per cent average annual increase in wool and woolen fabric’s import in the last fourteen years. In the Fiscal Year 2021/22, raw wool and woolen fabric worth Rs 5.08 billion . . . Read more »
The main objective of the Trade Promotion Center established in the year 1970 was to increase Nepali exports to overseas markets. The objective was set after a realisation that Nepal lacked products . . . Read more »
Indian business daily The Economic Times wrote in its online edition on October 21 that total business during the Diwali festival is worth 25 trillion Indian rupees or $30.20 . . . Read more »
There are numerous factors to consider while assessing the competitive situation in a country's foreign trade. Quantity is one such factor that analysts take into consideration while assessing fuel . . . Read more »
The government has put a restriction on the import of various products categorised under Alcoholic Products (other than raw materials), Cigarette and Tobacco (other than raw materials), Diamond . . . Read more »
Gold - the world's widely used precious metal, a symbol of prosperity of nations and people, a backup for national economies, one of the balancing tools of inflation, and a basic element for . . . Read more »
In the fiscal year 2020/21, Nepal imported Rs 4.11 billion worth of lungi, dhoti and sarees. Such imports were worth only Rs 1.13 billion in FY 2008/09. . . . Read more »
Global food supply system was fragile already due to COVID-19, climate change and energy shock. Lately it has further weakened by internecine war within Slavic Civilisation. Russia and Ukraine have . . . Read more »
In the Fiscal Year 2008/09, the import of prepared food items in Nepal was around Rs. 4.5 billion which jumped to Rs. 20.21 billion in FY 2020/21. The average annual growth rate of about 15% during . . . Read more »
Nepal's import of garlic, a daily component in Nepali kitchens, has witnessed a 24 percent average annual growth over the past 13 years reaching Rs. 1.58 billion in Fiscal Year 2020/21. . . . Read more »
Potato is one of the most popular food in Nepal and its popularity is growing over the years. In almost all vegetable preparations in Nepali home kitchens as well as restaurants, potato is a must. . . . Read more »
The digital revolution was expected to lead to a decline in the market of some products like wrist watches and wall clocks. There was no need to pay extra money to buy time keeping devices as your . . . Read more »
Cosmetics or makeup products have a special character. They are items of luxury according to some. But data show that such products have become essential . . . Read more »
Electric kitchen appliances are likely to dominate the Nepali kitchens soon as electricity-based cooking systems are comparatively cheaper than LPG fueled ones as the hope of reliable electricity . . . Read more »
Tika, Tikuli, Chura (bangles) and Pote are highly essential fashion accessories for Nepali women, and their import last fiscal year that ended in mid-July 2021 increased by 34 percent compared to a . . . Read more »
Market penetration is regarded as the most painstaking aspect in international marketing. If you can make good market penetration, you may be successful in that market. Credibility, connection and . . . Read more »
Contrary to the huge deposits of wood available in Nepali forests, imports of wood and semi-finished goods have increased over the last 12 years with an average annual increase of 29.88 . . . Read more »
Nepal's import of agricultural products has witnessed an 18 percent annual average growth over the past 12 years. During the same period, the average annual growth of Nepal's overall import was just . . . Read more »
Alcohol consumption in Nepal is increasing with a growing acceptance of a drinking culture across all strata of Nepali society. Modernisation, exposure to western culture and remittance-propelled . . . Read more »
Nepal’s import of base metal and articles thereof shows the booming construction industry which has grown by an average annual rate of 14.8 percent in the past 10 years. . . . Read more »
Textile industry is one of the oldest industries in the world. In ancient times, this industry was limited to weaving of natural fibers derived from animals and plants. With the advances in science . . . Read more »
The recent years have seen sanitary pads becoming inseparable component of menstruation management. With the awareness related to menstrual health rising among women and increasing income levels, . . . Read more »
Chemical industry is regarded as a strategically important sector. The inorganic chemical industry is comprised of activities related to production of inorganic compounds, fertilisers, reagents and . . . Read more »
Nepal's import of edible nuts has recorded an annual average growth of 27 percent during FY2008/09 to FY2019/20. In FY 2019/20, total Import of edible nuts amounted to Rs 2.84 . . . Read more »
Nepal government has given due priority to agriculture since its first periodical plan. Fertile land and abundant water resources are regarded as the god-gifted assets of the Nepali agricultural . . . Read more »
The future of Sino-India economic relations looks unpredictable given recent developments following border tensions. The growing fever of nationalism is exacerbating the already fragile economic . . . Read more »
In general parlance, the commodities which bring havoc to national security and national supply system in case of a disturbance in the supply of such goods are regarded as Strategically Important . . . Read more »
Liquor & Beer Sales Data June . . . Read more »
Had there been no lockdown, Nepal's export, import and total foreign trade would have reached Rs 9 billion, Rs 116 billion and Rs 125 billion, respectively, in April-May. As a result of the . . . Read more »
With dismal capital expenditure and slowing revenue collection, the government has been forced to revise the budget size for the current fiscal year. Finance Minister Dr Yubaraj Khatiwada made the . . . Read more »
Imports reduced marginally by 6.9%. Decline in industrial raw materials – MS Billet (50%) and Polythene granules (19.8%) are matters of concern. Crude Palm oil imports jumped 20%. Reduction in rice . . . Read more »
The visual appeal of food is an important aspect all over the world, including Nepal. Customers care a great deal about the flavour, moisture, and appearance of the . . . Read more »
Nepal's import of sugar confectionery is growing rapidly, with 16 percent average annual growth. However, the import of such products has seen an exceptional downturn in the last two years due to the . . . Read more »
Making watches is not merely a manufacturing activity but an art which requires a high level of dedication, patience, and diligence towards the profession. While it is not possible for Nepali . . . Read more »
The strong growth of import of textile and textile related articles in Nepal indicates a huge potential in the domestic textile sector. In FY2017/18, Nepal's import of textile and textile related . . . Read more »
Several studies have revealed Nepal’s massive potential in horticulture. Nepal is endowed with geographical diversity and different ecological zones suitable for growing varieties of fruits . . . Read more »
Animal husbandry in Nepal is undergoing the paradigm shift. Traditional husbandry is vanishing and western model of husbandry is gaining popularity in the country. Given the list of US Livestock production system (http://www.cast-science.org), demand for the forage crop like alfalfa, clover, silage, cereals like . . . Read more »
The changing food habits and lifestyle of consumers have fuelled the demand for spices in Nepal. Much of this demand is met through import which has been consistently rising for the past few years. . . . Read more »
In general parlance, Nepal is an agricultural country. However, that sounds like more of a satire,considering the fact that Nepal is a net importer of most agricultural products which have a huge . . . Read more »
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