Answer:
The economy is heavily dependent on imports of basic materials and on foreign markets for its forest and agricultural products. Nepal imports essential commodities, such as fuel, construction materials, fertilizers, metals, and most consumer goods, and exports such products as rice, jute, timber, and textiles.
Explanation:
Nepal depends primarily on imported chemical fertilizers, creating a market for chemical fertilizers to be manufactured in Nepal. Modern agricultural equipment could alleviate the problem of low land productivity in Nepal.According to the World Bank, agriculture is the main source of food, income, and employment for the majority. It provides about 33% of the gross domestic product (GDP). ... Although new agricultural technologies helped increase food production, there still was room for further growth. Agriculture provides most of the world's food and fabrics. Cotton, wool, and leather are all agricultural products. Agriculture also provides wood for construction and paper products. These products, as well as the agricultural methods used, may vary from one part of the world to another. So, the major industries of Nepal are depend on agriculture.
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