Nepal saw a massive spike in food imports

Published 2020년 12월 6일

Tridge summary

There has been a 64% increase in food imports in Nepal over the past seven months compared to the same period last year, according to the Department of Customs. The total value of food imports during mid-March to mid-November reached 44.90 billion rupees, up from 27.44 billion rupees the previous year. This includes a 46% increase in rice imports, an 18% increase in sugar imports, and a doubling of expenses for wheat and paddy purchases. There has also been a significant increase in the import of dry fruits, food supplements, and herbal products. This surge in imports is attributed to increased household consumption and panic buying during the nationwide lockdown.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

KATHMANDU, Dec 6: Import of food items has surged by 64 percent in the last seven months since the first nationwide in March. According to the Department of Customs, Nepal imported food items worth 44.90 billion rupees during mid-March to mid-November compared to 27.44 billion rupees during the same period last year. Import of rice, pulses, spices and fruits has surged. And import of dry fruits, food supplements and a number of herbal products have also escalated during the review period. The government enforced nationwide lockdown for the first time on March 24 which lasted for three months following extensions. Local governments imposed lockdown in their respective areas. Commercial activities were largely shut down during nationwide lockdown, and a number of sectors, including education, are yet to come into full-fledged operations. Urmila KC, assistant spokesperson of the Ministry of Industry, Commerce and Supplies, said the increased household consumption had triggered import ...

Source: Nagariknetwork