Export Potential in Nepal: A SWOT Analysis
Author : Dr. Mahendra Pratap Singh and Dr. PK Jha
Abstract :
Nepal is a landlocked least developed country. It is a country of potential and has huge prospects of export through agricultural baskets of food and cash crops, products of horticulture, spices, lifesaving herbal materials and above all hydro-electricity as well. In fact, Nepal can be food basket in South Asia, if agricultural perspective plan of Nepal is really implemented honestly and effectively, it would create a new environment of prospects in accelerating the volume of exports is Nepal. Potential export products of Nepal are tea, cardamom, ginger, lentil, rosary nut, thread/spinning, health and education services, etc.
Nepal has diversified its volume of trade, commodity composition and direction of trade, but India is still the major trading partner of Nepal. An analysis of strength, weaknesses, opportunity and threats of expert potential of Nepal has been depicted. The objective of this proper is to find out the export potential in Nepal in terms of volume, commodity composition, direction of trade, trade in-services and to explore the measures to accelerate the export potential of Nepal.
Keywords :
Potential, adventurous, diversity, technology, productivity