Tea exports rise by 69 percent

KATHMANDU: The Mechi Customs Office has posted a rise of tea export by 69.22 percent in the first quarter of the current fiscal year.

The first four months (Saun-Kartik) witnessed the export of 8062.16 metric tonnes of tea.

Information Officer at the Office, Ganapati Kandel, informed that with the rise of outbound trade, the value of the produce also increased by 67.87 percent.

The export was worth Rs 2.20 billion. It was only Rs 1.31 billion in the corresponding period last year.

However, the Office posted decline in the export of black cardamom, ginger, amriso, chhurpi, cauliflower, cabbage and broccoli.

Compared to the same period last year, export of black cardamom declined by 11.87 percent, amriso by 11.66 percent, chhurpi by 41.45 percent, and cauliflower, cabbage and broccoli each by 27.98 percent.

However, the plywood export upped by 29.63 percent.

The Office collected Rs 4.72 in revenue in the first four months of the current fiscal year. It is the achievement of 27.22 percent of the total annual revenue target.