The NEPSE Journal
Market commentary, data deep-dives, and trading notes from the NEPSE Trading desk.
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.
NRB has allowed export-linked industries to restructure loans until Poush 2082, ensuring relief for crisis-hit businesses without worsening their loan classifications.
In 2025/26, Nepal’s exports to China plunged 65.2% while imports rose 14.1%, worsening the trade deficit and underscoring structural trade imbalances.
Nepal’s pashmina exports to China rose by a modest 2.3% in 2025/26, offering a rare positive sign amid widespread export declines.
