Wednesday, 25th November 2020
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Agricultural Produce Export during October,2020

Export—Produce, volume, value, and markets: 6,568.82 MT of agricultural produce worth Nu. 225.65 million was exported during the month of October, 2020. 

The biggest export occurred via Gelephu. Over 2,889 MT of vegetables (including potatoes), cardamom, ginger and areca nut worth over Nu. 106m were exported. Over 2,321 MT of potatoes and 44 MT of other agricultural produce worth Nu. 77m and 11m respectively was exported via Phuentsholing. Only potato and ginger were exported via S/jongkhar during that period. 
 
The major exports were spices (cardamom and  ginger), potatoes, vegetables (cabbage, carrot, cauliflower, bean, beetroot and radish), apple and areca nut (supari).
 
In terms of value, export via Gelephu increased consistently over time. The value of export between the first and the last week of October increased by 78 per cent. On the other hand, export via Phuentsholing and Samdrup Jongkhar decreased consistently over time. The drastic decline of exports via Phuentsholing is attributable to the issue related to plant quarantine certification of commodities such as potato, ginger, apple and areca nut, bound for Indian markets. This issue has been addressed and export has resumed  from October 20.
 
During early October, both potato and ginger were exported via Samdrupjongkhar, but during the latter part of the month, only potato was available for export. 
 
Export via Gelephu increased mainly due to export disruption  via Phuntsholing, wherein potatoes from Phobjikha, Khotakha and Bumthang, which would normally be exported via Phuentsholing were diverted to Gelephu.  
 
Export to Bangladesh accounted for less than 09 per cent of the total; the rest going to India. Cardamom was the only commodity exported to Bangladesh. 37 MT of cardamom worth Nu. 19.59 million was exported to Bangladesh during this month. With the onset of cardamom and mandarin export over the next few months, export to Bangladesh is expected to increase precipitously. 

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Agricultural Produce Export during October,2020

04 Nov, 2020    Market News   Admin  1122 views