Nepal: Exports of cement and clinker reached US$48bn in the 2024 financial year, tripling the figure from 2023, according to the Department of Customs. Exports of cement were US$23.5m, while clinker exports stood at US$22.5m.
This follows the government’s introduction of an 8% cash incentive for mine-based product exports and the identification of cement as a potential export item in the Nepal Trade Integration Strategy 2023. Policy changes, including tariff waivers on significant electricity usage by manufacturers, also contributed to this growth.