Stories Tagged 'Exports'
Revenues from the export of products listed in the Nepal Trade Integration Strategy inched up 2.9 percent year-on-year in the first half of the fiscal year despite a cash incentive scheme for exporters.
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Nepal’s earnings from exports of products identified by the Nepal Trade Integration Strategy (NTIS) rose 7 percent in the first five months of the current fiscal year, largely due to a rise in demand for medicinal herbs, woollen carpet, tea, yarn and textile products.
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Nepal’s exports to South Asia are far behind its potential, and they can be increased fourfold if manmade barriers to trade--tariff and non-tariff--are removed, said a new report from the World Bank. Currently, shipments to South Asian countries are valued at $0.5 billion, and they can be boosted to $2.1 billion if the hindrances holding back intraregional trade are addressed by the countries in the region.
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Export earnings from nine products identified by the Nepal Trade Integration Strategy (NTIS) as having high export potential swelled 10 percent in the first 11 months of the last fiscal year due to market diversification and quality improvement.
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Tags: exports
Exports to China nearly doubled in the first 10 months of the current fiscal year, as the profile of Nepali products rose due to increased participation in China’s trade fairs.
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Large cardamom topped the export list of farm products in the first seven months of the fiscal year, accounting for almost one-fourth of agro export revenues, the Trade and Export Promotion Centre (TEPC) said.
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