Top Countries with Highest Yarchhagumba Export from Nepal

Last updated on 2024-04-18

Yarshagumba, also known as Yarcha-gumba in English, is a caterpillar fungus. Ophiocordyceps Sinensis is its scientific name. Yarshagumba grows in meadows between 3,500 and 5,000 meters in Nepal, Bhutan, India, and China. China is the world's leading producer of Yarsh Gumba. It accounts for 95 percent of global demand. Nepal is the world's second-largest producer, behind India. Bhutan is the country's fourth-largest producer. It is also the most costly biological resource on the planet. It is, in fact, more costly than gold. This herb is usually purchased by men in order to increase their masculinity. Here are the top 9 countries where Yarshagumba is exported from Nepal.

*The ranking is done based on data collected from the Ministry of Finance.

9. Oman

Image Source: Weird Worm

Oman is a nation located on the Arabian Peninsula's southeastern coast, at the junction of the Persian Gulf and the Arabian Sea. Oman is a rural, agricultural country with a coastal population that relies primarily on fishing and international trade. The majority of exports are crude oil, refined petroleum, and natural gas, while imports are mostly machinery and transportation equipment, basic manufactured items, and foodstuffs. Nepal exported 1 kg of Yarshagumba to Oman. The export value was Rs 59 as of Mid July 2020 - Mid-July 2021.

Export Value (in thousand) : Rs. 59
Export Quantity : 0

8. United Arab Emirates

Image Source: bp.blogspot.com

The United Arab Emirates (UAE), once known as the Trucial States, is a nation located in the Middle East and southwest Asia. On the Arabian Peninsula's eastern coast, it is a federation of seven republics. To import products into the UAE, businesses must first get a trade license from the Emirate's Department of Economic Development (DED). Nepal exported 1 kg of Yarshagumba to UAE. The export value was Rs 593 as of Mid July 2020 - Mid-July 2021.

Export Value (in thousand) : Rs. 593
Export Quantity : 1 kg

7. China

Image Source: Budget Your Trip

China is the largest Asian country and has the most people on the planet. It covers nearly the entire East Asian mainland and accounts for more than one-fourth of the Earth's surface area. Only Russia and Canada have a larger land area than China, and it is nearly as huge as the entire continent of Europe. Nepal shipped 1 kg of Yarshagumba to China. As of mid-July 2020-mid-July 2021, the export value was Rs 758.

Export Value (in thousand) : Rs. 758
Export Quantity : 1 kg

6. Singapore

Image Source: Architectural Digest

Singapore is a city-state on the Malay Peninsula's southern tip, roughly 85 miles (137 kilometers) north of the Equator. Singapore is located in the southernmost part of the main island. Urbanization has blurred the distinctions between city and rural. Nepal shipped 1 kg of Yarshagumba to Singapore. As of mid-July 2020-mid-July 2021, the export value was Rs 1530.

Export Value (in thousand) : Rs. 1,530
Export Quantity : 1 kg

5. Malaysia

Image Source: Forbes

Malaysia is divided into two noncontiguous regions: Peninsular Malaysia (Semenanjung Malaysia), also known as West Malaysia (Malaysia Barat) on the Malay Peninsula, and East Malaysia (Malaysia Timur) on the island of Borneo. It is one of the major importers of Yarshagumba from Nepal. Nepal shipped 11 kg of Yarshagumba to Malaysia. As of mid-July 2020-mid-July 2021, the export value was Rs 6491.

Export Value (in thousand) : Rs. 6,491
Export Quantity : 11 kg

4. United States

Image Source: Travel + Leisure

The United States, formally the United States of America is a federal republic of 50 states in North America. In terms of gross domestic product, the United States is the world's most powerful economic power (GDP). The country's prosperity is due in part to its abundant natural resources and massive agricultural production, but it owes more to the country's highly developed economy. It is a major importer of Yarshagumba from Nepal. Nepal shipped 26 kg of Yarshagumba to the USA. As of mid-July 2020-mid-July 2021, the export value was Rs 15,415.

Export Value (in thousand) : Rs. 15,415
Export Quantity : 26 kg

3. Vietnam

Image Source: Exclusives Media

Vietnam is approximately 1,025 miles (1,650 km) long from north to south and 30 miles (50 km) width east to west at its narrowest point. It is bounded to the north by China, to the east and south by the South China Sea, to the southwest by the Gulf of Thailand (Gulf of Siam), and to the west by Cambodia and Laos. It is Nepal's third-largest importer of Yarshagumba. Nepal shipped 39 kg of Yarshagumba to Vietnam. As of mid-July 2020 to mid-July 2021, the export value was Rs 26,806.

Export Value (in thousand) : Rs. 26,806
Export Quantity : 39 kg

2. Cambodia

Image Source: Travel + Leisure

Cambodia is mostly a land of plains and vast rivers, and it is located along vital overland and river trade routes connecting China to India and Southeast Asia. Agriculture continues to be the most significant sector of the Cambodian economy in terms of GDP share, and it employs the great majority of the workforce. It is Nepal's second-largest importer of Yarshagumba. Nepal shipped 47 kg of Yarshagumba to Cambodia. As of mid-July 2020 to mid-July 2021, the export value was Rs 30,571.

Export Value (in thousand) : Rs. 30,571
Export Quantity : 47 kg

1. Hong Kong

Image Source: TripSavvy

Hong Kong is not a nation in its own right, but rather a Special Administrative Region of the People's Republic of China, with autonomy in terms of political control and economic management. It is one of the highest importers of Yarshagumba from Nepal. Nepal exported 126 kg of Yarshagumba to Hongkong. The export value was Rs 69,536 as of Mid July 2020 - Mid-July 2021.

Export Value (in thousand) : Rs. 69,536
Export Quantity : 126 kg