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Agricultural Produce Export during - November, 2020

Export—Produce, volume, value, and markets 
4,239.39 MT of agricultural produce worth Nu. 174.47 million was exported during the month of November, 2020. 
 
The biggest export occurred via Phuentsholing. Over 2,243.75 MT of potato, ginger and cardamom worth over Nu. 106m were exported. Over 1,858 MT of vegetables including potatoes worth Nu. 64.42m was exported via Gelephu. Only 137.5 MT of potatoes worth Nu. 3.40m was exported to India via S/jongkhar during the period.
 
The export decreased consistently over time. The declining of export is largely attributable to the potatoes and vegetables season coming to an end. However, the export of cardamom has been growing.
 
Two Months Export Comparative 
The onset of winter months ending cycle of cultivation season, there is decline in production resulting in decrease of export as well. Except for potato which is the highest export commodity, other commodities recorded huge decrease, with no fruits and nuts exported during the month of November. However, harvest season of cardamom in Southern Dzongkhags increased the export value of spices almost doubly during November month.
 
Export to Bangladesh accounted for 23 percent of the total; the rest going to India. Cardamom was the only commodity exported to Bangladesh. 116 MT of cardamom worth Nu. 39.97 million was exported to Bangladesh via Phuentsholing during this month. With the onset of cardamom and mandarin export over the next few months, export to Bangladesh is expected to increase precipitously.

02 Dec, 2020    Market News   Admin  2604 views