-Kiran Poudyal
Kathmandu, August 9 : The export of the cash crops such as as cardamom, tea and ginger has witnessed a decline in the last fiscal compared to the previous fiscal. Decreased production and problems in the export process resulted in the decline in the products’ sale to foreign countries.
According to the Foreign Trade Promotion Centre, 11 million kilogrammes of tea were sold in the foreign markets in the last fiscal while the same volume had stood at 15 million in the previous fiscal.
Similarly, 11 million kilogrammes of tea were sold in the foreign markets in the last fiscal while the same volume had stood at 15 million in the previous fiscal.
The income from tea export had stood at Rs 3.782 billion in the previous fiscal while same was Rs 3.203 billion in the last fiscal. The drastic decline in tea export in the last fiscal was because of dispute in the tea industry and the unreliability of the Indian market, tea trader Udaya Chapagain said. As Chapagain said other reasons for this was the inability of the government to supply the fertiliser required for tea on time due to the lockdown.
Similarly, in the last fiscal 2019/20, Nepal exported 5.1 million kg of cardamom while it had exported 5.2 million kg of the same in 2018/19.
Likewise, fourteen million 919 thousand 195 kilogrammes ginger had been exported in the previous fiscal while only eight million 846 thousand 931 kilogrammes was exported in the last fiscal.
The decline in export of these products is attributed to the fluctuating market, unfavourable commerce policy and low volume of productions.
