Export of tea, coffee top the exports list

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Kathmandu, April 26, 2018 : The first eight months of the fiscal year 2017/2018 saw the export of tea, coffee, mate and species jump by 35.5 percent to 6.5 million as compared to the last year, according to the statistics provided by the department of customs.

In the same period last year, the export of tea, coffee, mate, and spices fetched the country Rs. 4.7 billion in the same period of the previous fiscal year and these items collectively were the second most exported items in the first eight months of FY2016/2017.

“The surge in demand for tea in India as well as other international markets, as a result of five-month Gorkhaland riots in Darjeeling, is the chief contributor to the hike in export of tea from Nepal.” shared Suresh Kumar Agrawal, president of Nepal Tea Planters Association (NEPA).

Nearly 15 million tons of tea, including both orthodox and CTC tea exported from Nepal every year. The tea entrepreneurs believe that the increase in demand for Nepali produce due to political instability in pocket areas for tea production in India such as Darjeeling, coffee exporters boast of superior quality of Nepali coffee to be the key reason behind the increase in the export.

Even though the demand of Nepali coffee is increasing in the international market, the entrepreneurs have not been able to raise the production accordingly and they expect the government to collaborate with private producers to help increase the production and meet the demand.

The statistics also indicate that the export of hand-knotted carpet which used to dominate the list in previous years dropped by 9.5 percent to Rs 4.6 billion finding  third position in the top exports list this fiscal year .

 

 

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