Crude Soybean oil import of Rs 52 billion, export more than Rs 55 billion

Birgunj (Parsa), July 5: Crude soybean oil worth Rs 52.58 billion has been imported through the Birgunj checkpoint in the 11 months of the current fiscal year.

Compared to the same period of the previous fiscal year, the import of crude Soybean oil has increased by 613.41 percent. In the 11 months of the previous fiscal year, only Rs 7.37 billion worth of crude Soybean oil was imported, according to Deepak Lamichhane, Chief Customs Administrator of the Birgunj Customs Office.

Furthermore, a large amount 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 was exported through the Birgunj check point. In the corresponding period of the last fiscal year, only 464,138 liters worth Rs 88.3 million were exported. 

Likewise, crude Sunflower oil worth Rs 9.75 billion was imported during the same period of this fiscal year, which was worth Rs 8.4 billion last fiscal year.

During the same period 38.9 million liters of refined sunflower oil worth Rs 8.4 billion were exported through the Birgunj customs point, which was 527,291 liters in the corresponding period of last fiscal year. (RSS)