Nepal exported processed edible oil worth Rs 52.80 billion to India during the first five months of the current fiscal year. The exports included soybean, sunflower, and palm oil. However, Nepal imported raw edible oil worth Rs 58.978 billion from countries such as Argentina, Brazil, and Indonesia during the same period. Trade experts noted that the exports largely depend on re-exporting imported raw oil with limited value addition. Argentina alone supplied raw soybean oil worth Rs 39.24 billion.
