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Crude Soybean Oil Import Surges to Rs 52 Billion, Export Exceeds Rs 55 Billion


Birgunj: Crude soybean oil worth Rs 52.58 billion has been imported through the Birgunj checkpoint in the 11 months of the current fiscal year.

According to National News Agency Nepal, this marks a significant increase of 613.41 percent compared to the same period of the previous fiscal year, during which only Rs 7.37 billion worth of crude soybean oil was imported. Deepak Lamichhane, Chief Customs Administrator of the Birgunj Customs Office, provided these details.

Furthermore, a substantial volume of refined soybean oil was exported through this checkpoint in the current fiscal year. In the 11 months of the current fiscal year, 2.58 million liters of refined soybean oil worth Rs 55.3 billion were exported through the Birgunj checkpoint. In contrast, only 464,138 liters worth Rs 88.3 million were exported during the corresponding period of the last fiscal year.

In addition to soybean oil, crude sunflower oil imports during the same period of this fiscal year were valued at Rs 9.75 billion, compared to Rs
8.4 billion last fiscal year. Meanwhile, 38.9 million liters of refined sunflower oil worth Rs 8.4 billion were exported through the Birgunj customs point, a significant increase from the 527,291 liters exported in the corresponding period of the previous fiscal year.