Import of coffee increased while export decreased in the last five fiscal years
KATHMANDU, Dec 28: The import of coffee has increased by twofold while its export has decreased by the same amount in the last five years, according to the data of National Tea and Coffee Development Board.
Despite efforts being made to boost Nepal’s export trade, it has kept dwindling this year as well. The government has embraced the policy of increasing exports to
According to the annual data for 2021/22 released by the Department of Customs, the ratio between imports to export narrowed down to 9.60 in FY 2021/22 from 10.91 recorded in FY 2020/21.
JHAPA, July 5: The import of agricultural products has exceeded the export from the Kakarbhitta Customs Office. In the last 11 months of the current fiscal year, agricultural products worth Rs 8.67 billion were imported from this customs office.
The statistics revealed that export in the last 11 months of the current FY stood at Rs. 121.2 billion while it was about Rs. 88 billion in the same period of the previous FY.
