Non-domestic goods dominate Nepal’s exports as high-value products struggle

Nepal's exports of goods identified under the Nepal Trade Integrated Strategy grew by just 3.16 percent during the last fiscal year. The sluggish growth highlights ongoing struggles to diversify the country's export sector, with high-value domestic products failing to gain traction.

According to reports, the stagnation in high-value exports is driven by weak domestic production capacity. Additionally, persistent policy instability and poor inter-agency coordination continue to hamper broader national efforts to boost and diversify exports, leaving non-domestic goods to dominate the country's outbound trade.