Handicraft exports from Nepal have posted a significant decline of 41.7 percent during the initial three month period of the current Nepali financial year that began on July 16, 2011.
Nepal exported handicrafts worth NPR 83 million during the first three months of 2011-12, as against its exports of NPR 143.53 million recorded during the corresponding period of last fiscal, as per the data released by the Trade and Export Promotion Centre.
Hand-knotted carpets, Pashmina, readymade garments and leather products were among the major export items during the period.
These were mainly imported by India, Bangladesh, Japan, China, Vietnam, Germany, France, Italy, Canada, UAE, UK, and the US.
Fibre2fashion News Desk - India
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