In Nepal, 27 companies produce oil using both imported and local soybeans, with most of the output exported abroad. In the last fiscal year, Nepal exported more than 500,000 tons of soybean oil. According to the Customs Department, a total of 510,063 tons of soybean oil was exported in fiscal year 2024/25.
RMC Foods Pvt Ltd was the leading exporter, shipping 43,467 tons of oil and capturing 8.43 percent of the total export market. Pashupati Edible Oil Industry ranked second with 38,727 tons (7.47 percent), while Shree Shiva Shakti Ghee Industry followed with 36,106 tons, securing around 7–8 percent of the market share.
Annapurna Vegetable Products Pvt Ltd exported 31,488 tons (6.17 percent), and Swastik Oil Industries Pvt Ltd exported 29,722 tons (5.83 percent). Sushil Vaastani Pvt Ltd (Parsa) exported 28,216 tons (5.53 percent), while Ganapati Vaastani shipped 28,292 tons (5.5 percent). OCB Foods and Feeds Pvt Ltd exported 26,312 tons (5.16 percent), and Baba Vegetable Oil Industries Pvt. Ltd. followed with 25,553 tons (5.01 percent).
Siddhi Vinayak Oil Pvt. Ltd. exported 15,636 tons, accounting for about three percent of total exports. Six other companies—Shri Krishna Oil Refinery Pvt Ltd, Maruti Oil Industry Pvt Ltd, Janakpur Refinery Pvt Ltd, Nandan Ghee & Oil Industry, Bagmati Oil Industries, and Shri Ram Refine Oil Products Pvt Ltd—each held around two percent market share, exporting between 13,500 and 15,000 tons of soybean oil.
Another six companies—Sunshine Foods Pvt Ltd, Kalika Refinery Pvt Ltd, ABC Oil Industry Pvt Ltd, Siddhartha Refinery and Solvent Industry Pvt Ltd, Probiotech Industry Ltd, and Everest Solvent Pvt Ltd—exported between 7,000 and 10,000 tons each, collectively holding around one percent market share. Meanwhile, CG Oil and Derivatives Pvt Ltd and Aarti Vegetable Products Pvt Ltd exported between 3,000 and 5,000 tons, capturing 0.99 percent and 0.73 percent of the market, respectively.
According to the Customs Department, Nepal imported 317,501 tons of soybeans and soybean meal last fiscal year at a cost of Rs 21.145bn. The state collected Rs 1.59bn in revenue from these imports.
