Home / Knowledge / News / Textiles / Germany becomes top buyer of Nepali Pashmina products
Germany becomes top buyer of Nepali Pashmina products
30
Oct '13
Germany has become the top buyer of Pashmina products from Nepal during the first month of Nepali fiscal year that began on July 16, 2013, according to the data released by the Federation of Handicraft Association of Nepal (FHAN), The Himalayan Times reported.
 
During the one-month period, Germany imported Nepali Pashmina products worth Np Rs. 19.28 million, followed by the UK and France with imports valued at Rs. 17 million and Rs. 16.7 million, respectively.
 
Until last fiscal year, the US was the largest importer of Nepali Pashmina items, but during the month under review it stood at fourth position with imports worth Rs. 13.4 million.
 
Finland was the fifth largest buyer of Nepali Pashmina products with imports worth Rs. 11.7 million during the month, FHAN data showed.
 
FHAN attributed the rise in Nepali Pashmina items imports by Germany to a growing demand for traditional Pashmina shawls and Pashmina knitwear in the European country.
 
During the financial year which ended on July 15, 2013, Nepal exported Pashmina goods worth Rs. 2.07 billion.
 
The National Pashmina Industries Association (NPIA) has registered the ‘Chyangra Pashmina’ trademark in 41 countries, and this has also helped in increasing exports of Nepali Pashmina products, FHAN said.
 
Earlier this month, the Government of Nepal included Pashmina products in the list of 100 products submitted to the US, as proposed items for inclusion in the Generalized System of Preferences (GSP) facility.
 
Pashmina is extracted from the inner coats of the hardy little mountain goats, locally known in Nepal as ‘Chyangra’, which live at an altitude of above 3,000 m in the Himalayas. Only the inner layer fibres measuring under 16.5 microns are specified for use as ‘Pashmina’.
 

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 23rd Feb 2017

NAFTA renegotiation puts Mexico-US jeans trade at risk

The almost imminent renegotiation of the North America Free Trade...

Rick Helfenbein (left), president and CEO of AAFA, with Juan Estrada, chief of party, Hub; Courtesy: Hub

Apparel/Garments | On 23rd Feb 2017

AAFA inks agreement for best manufacturing in East Africa

The American Apparel & Footwear Association (AAFA) has entered into a ...

Mango vice-chairman and member of the board of directors Daniel Lopez (L) with Ananth Narayanan, CEO, Myntra & Jabong. Courtesy: Myntra

Apparel/Garments | On 23rd Feb 2017

Mango awards distribution & management rights to Myntra

Mango, the Spanish fast fashion brand, has awarded its master...

Interviews View All

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Mohammad Hassan
Biax Fiberfilm

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

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search