Nepal’s annual soybean oil exports to India near Rs50 billion

Despite the impressive export statistics, the soybean oil trade contributes very little to the national economy, say economists.

Nepal's soybean oil exports to India hit a staggering Rs42.34 billion in the first 11 months of the fiscal year, a four-fold jump from Rs10.12 billion in the same period in the previous year, making it the country's number one export commodity.