Nepal-India Trade 2025/26: Palm Oil and Jute Goods See Triple-Digit Growth

Nepal’s trade with India has entered FY 2025/26 with extraordinary momentum, driven by surging exports of palm oil and jute goods, both of which recorded triple-digit growth in the first two months of the fiscal year. According to the Nepal Rastra Bank (NRB) Mid-September 2025/26 report, Nepal’s total exports to India reached Rs. 38.35 billion, marking a 139.9% increase compared to the same period of FY 2024/25. Among the standout performers, palm oil recorded a phenomenal 318.4% growth, with export earnings hitting Rs. 1.36 billion, up from just Rs. 325.7 million a year earlier. This sharp jump reflects a rebound in processing and re-export activities to India, where demand for refined edible oils has surged due to supply constraints in global markets. Likewise, jute goods maintained their strong upward trajectory with a 61.1% overall rise, totaling Rs. 1.61 billion in exports. Within this category, Hessian jute fabrics rose 43.3% to Rs. 1.02 billion, while sacking jute goods ...