Border Disruptions Drive Apple Price Hikes in Nepal via Kolkata Port
What happened
Disruptions at Nepal’s northern border crossings with China have increased transportation costs for apples. Traders have shifted to alternative routes, including the sea route through Kolkata port. The Department of Customs reported that Nepal imported 14,902 tonnes of apples worth Rs1.95 billion from various countries during the first two months of the current fiscal year.
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Why it matters
The increased transportation costs for Chinese apples have more than doubled, and these higher costs are being passed on to consumers. The use of Kolkata port as an alternative route is helping meet seasonal demand for apples in Nepal.
From asianews.network
Who's involved
- NepalCountry importing apples and affected by rising consumer prices
- KolkataPort used by traders as an alternative route for imports
- Department of CustomsGovernment agency tracking apple imports into Nepal
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- NepalSpeculative
Increased transport costs might raise national import prices for consumers.
- West BengalSpeculative
Increased freight costs via Kolkata port could materially raise operational costs for the state's trade sector.
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The entities involved
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Kolkata
capital city of West Bengal, India
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Department of Customs
law enforcement agency