The NEPSE Journal
Market commentary, data deep-dives, and trading notes from the NEPSE Trading desk.
Nepal’s silverware and jewellery exports fell 35.9% in 2025/26, totaling Rs. 1.15 billion. The decline reflects global competition and cost pressures, though branding, innovation, and certification reforms could revive growth.
Nepal’s pashmina exports rose 5.8% in 2025/26 to Rs. 317.3 million. The growth highlights its resilient luxury appeal, though industry reforms in branding, supply chain, and anti-counterfeit measures are crucial.
Nepal’s woolen carpet exports fell 26.3% in 2025/26, signaling weakness in the handicraft sector. Experts emphasize the need for branding, niche positioning, and supply chain improvements to revive the industry abroad.
Nepal’s tea exports plunged 41% in 2025/26, reversing last year’s 87% surge. The fall highlights weak global competitiveness and the need for branding, market diversification, and stronger supply chains.
Nepal’s tanned skin exports doubled (+113%) in 2025/26, reaching Rs. 73.4 million. This rebound signals renewed demand in the leather industry, but experts stress the need to upgrade into finished goods for long-term export sustainability.
Nepal’s noodles exports jumped 68.9% in 2025/26, reaching Rs. 242.3 million in a month. This growth highlights the strength of Nepal’s processed food industry, driven by global demand for ready-to-eat products.
Nepal’s herb exports rose 69% in 2025/26, reaching Rs. 154.2 million in a month. This surge underscores the potential of the traditional medicine sector in boosting foreign trade, though sustainability and branding remain crucial.
Nepal’s exports to countries other than India and China fell 6.5% in 2025/26, with most traditional goods shrinking. Growth in herbs and noodles was not enough to offset the overall decline, underscoring the need for urgent export diversification.
Nepal’s exports to China fell by 65.2% in 2025/26, with major products collapsing. Experts call for urgent policy interventions to boost competitiveness and protect exporters.
In FY 2025/26, India strengthened its dominance with 61.7% share in Nepal’s trade, while China’s share shrank to 16.8% as exports plunged and imports surged.