US trade preferences should cover more products; capacity building needed to utilize them (अर्थ- डबली)

A SAWTEE study on Nepal-US trade, presented at the event, finds that Nepal’s merchandise exports to the US in 2021, at US$108.3 million, were lower than what they were at their peak in the late 1990s even in nominal terms.

As per the study, while total goods exports to the US have been on an upward trend since 2012, exports of NTPP products have been on a downward trend, the study finds. Exports of NTPP products in 2021 were U$8.47 million and had a share of 7.8 percent in total exports to the US (compared to 14 percent in 2012). Read more.