Home / Knowledge / News / Apparel/Garments / Nepalese garment exports on a roll
Nepalese garment exports on a roll
23
Apr '11
There has been a 16 percent rise in Nepal's readymade garments (RMG) exports to world markets during the initial seven months of current fiscal year, over corresponding period last year.

As revealed by the preliminary trade data released by the Trade and Export Promotion Centre (TEPC), Nepal exported RMG products worth Rs. 2.33 billion during the initial seven months of current fiscal, as over Rs. 2.01 billion worth of export during corresponding period, last year.

There has been a rise in RMG exports to the third world countries during the current fiscal.

During the initial five months, rose by 20.8 percent to Rs. 1.85 billion, while it grew by 16.4 percent to Rs. 2.04 billion during the last six months of the fiscal.

In its seven month data TEPC even stated that, rise in export of readymade garments, woollen carpets and other exportable items also helped in easing the country's trade deficit.

According to the TEPC's trade statistics, France, Germany, UK, USA, Canada and Belgium amongst others, remained to be the key markets for Nepal's RMG products during the review period.

Editorial note –
Nepal has been able to register this surge in RMG exports after a long period. The recently signed agreement with the US will also go a long way in boosting clothing exports in the Himalayan kingdom.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Stella McCartney, Bolt Threads partner for eco fashion

Fashion designer Stella McCartney has partnered with Bolt Threads for ...

Interviews View All

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X