Nepal’s Export Boom in FY 2081/82: A Golden Opportunity for Global Sourcing
Nepal’s Export Growth: A Strong Start to FY 2081/82
Nepal has started fiscal year 2081/82 (July 17, 2024 – July 16, 2025) with an extraordinary surge in exports. In just the first two months (Shrawan and Bhadra), total foreign trade reached NPR 3.52 trillion, a 22.54% increase compared to the same period last year. Most remarkable, however, is the export performance: exports jumped by 88.57%, reaching NPR 47.31 billion, up from NPR 25.09 billion in the previous year.
This surge in exports showcases Nepal’s growing role as a competitive sourcing destination for international markets. For global businesses, it highlights the untapped potential of sourcing from Nepal, especially for export-quality products backed by authentic craftsmanship and ethical practices.
The Breakdown: Imports, Exports, and Trade Deficit
Despite the encouraging export growth, imports still dominate Nepal’s trade landscape:
- Imports: NPR 3.05 trillion in the first two months, up 16.23% compared to last year.
- Exports: NPR 47.31 billion, an 88.57% increase from NPR 25.09 billion.
- Trade Deficit: NPR 2.57 trillion, reflecting Nepal’s continued dependence on foreign goods but also showing a slower rate of increase compared to overall trade.
Imports still dominate, making up about 87% of total trade, while exports account for only about 13%. In simple terms, for every rupee Nepal earns from exports, it spends more than six rupees on imports.
Key Import and Export Products
- Major Imports:
– Petroleum Products: Diesel, petrol, and LP gas remain Nepal’s largest import items.
– Agricultural Inputs: DAP fertilizers and farm inputs are vital to support Nepal’s agriculture.
– Machinery & Electronics: Smartphones, electrical machinery, and vehicles reflect modernization.
– Industrial Inputs: Iron, steel, and medicines support industries and healthcare. - Major Exports:
– Soybean Oil: Leading Nepal’s export list, with strong demand internationally.
– Handmade Carpets and Rugs: Globally recognized, handmade in Nepal carpets symbolize craftsmanship and culture.
– Tea and Coffee: Export-quality Nepali beverages carving premium niches worldwide.
– Handicrafts and Textiles: Pashmina, felt products—perfect for ethical sourcing Nepal.
Why Nepal’s Export Growth Matters for Global Buyers
The sharp rise in exports shows Nepal is successfully positioning in global supply chains. For international buyers, this means:
– Greater availability of export-quality products.
– Access to ethical sourcing in Nepal.
– Opportunities to partner with verified suppliers in Nepal.
From handmade in Nepal carpets to private label opportunities, Nepal is becoming a go-to destination for sourcing.
Sourcing Nepal: Your Partner for Global Trade
At Sourcing Nepal, we connect businesses with the best suppliers Nepal offers. As the best sourcing company in Nepal, we make trade seamless, ethical, and profitable.
We provide:
1. Verified Suppliers Nepal
2. Ethical Sourcing Nepal
3. Export-Quality Products
4. International Logistics Nepal
5. Private Label Nepal
6. Bulk Export from Nepal
Rising Stars of Nepali Exports
- Soybean Oil: High demand.
- Carpets & Rugs: Handmade in Nepal, world-renowned.
- Tea & Coffee: Export-quality beverages.
- Handicrafts & Textiles: Ethical, artisanal, and globally competitive.
Final Thoughts
Nepal’s exports are rising at a record pace, creating exciting opportunities for global buyers. Whether you are sourcing handmade products, agricultural goods, or looking for private label solutions, Nepal offers unmatched value and authenticity.
Call To Action
👉 Ready to start sourcing authentic products?
Partner with the best sourcing company in Nepal – SourcingNepal.com today.
Email us at info@sourcingnepal.com
📥 Download our catalogue or request a free consultation to explore ethical sourcing Nepal with verified suppliers.
