In association with
Logo Logo Logo

Country’s dependency on wood increasing, timber import exceeds Rs 6 billion

KATHMANDU: Forty-five percent total land in the country is covered by forest area. Despite this backdrop, country’s dependency on other countries for timber is growing. The statistics shows that Nepal’s annual import of wood and wooden materials exceeds Rs 6.5 billion.
In the fiscal year 2075-76 BS (2018-2019), Nepal spent Rs 6.61 billion against 5.56 billion in the previous year in the import of timber and timber products from several countries including India, Indonesia, China, Myanmar, Malaysia, Singapore, Germany, Ukraine, the United Arab Emirates and the Unites States of America.
The import includes wooden logs, timber, wooden frames, ply boards and other products. The size of plywood products tops the import chart.
Department of Customs director and information officer Shishir Ghimire, wooden charcoals, wooden powder, match sticks and toothpicks are imported in the country.
In the previous fiscal year 2071-72 BS, Rs 2.13 billion was spent in the import of such materials. Timber export from the country is very little in comparison with the import as ply and wooden crafts worth Rs 55.6 million was exported to India, China, the United States of America, Belgium, and the Netherlands.
According to the data of the Ministry of Forest and Environment, timber measuring 17, 552,000 cubic feet was produced (from government, community and private forest) in the fiscal year 2074-75 BS. However, the annual demand for timber in the country is around 30 million cubic feet.
Forest Minister Shakti Bahadur Basnet had formulated the ‘Forest Improvement Action Plan, 2075 BS’ and introduced various plans under the Forest Management and Utilisation Programme with his assumption on the office.

Comment here !
Related News

KATHMANDU:- Nepal Oil Corporation (NOC) has once again increased the price of petroleum products to be effective from Sunday midnight.

KATHMANDU:- The Nepal Stock Exchange (NEPSE) index that suffered a bit in the past couple of days gained a double

KATHMANDU: With the Nepal Oil Corporation (NOC)’s decision to hike the price of aviation turbine fuel, airline companies have increased

KATHMANDU:- The Nepal Oil Corporation (NOC) has increased the price of petrol, diesel and kerosene by Rs 2 per liter.