The NEPSE Journal
Market commentary, data deep-dives, and trading notes from the NEPSE Trading desk.
Nepal’s chemical fertilizer imports rose by 12.8% in early 2025/26, reflecting farmers’ growing demand. While this can help boost crop productivity, dependence on imports creates risks for food security and trade balance.
Nepal’s vehicle and spare parts imports jumped 30.6% in early 2025/26, highlighting recovering consumer demand, bank-driven financing, and growth in transport sectors. But this rapid rise could worsen the trade deficit, raising questions about long-term sustainability.
Nepal’s crude soyabean oil imports soared by 708%, driven by refinery demand, tariff incentives, and changing food consumption patterns, making it the second-largest item in Nepal’s import basket.
Nepal’s exports to other countries fell by Rs. 4.4 billion (-6.5%) in 2025/26, driven by weaker demand for traditional goods. Growth in herbs and noodles shows processed foods and natural products as future export drivers.
Nepal’s readymade garments exports rose 2.5% in 2025/26 to Rs. 519.4 million, signaling early recovery. To maintain momentum, the sector needs policy reforms, modernization, and market diversification.
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.
