Home / Knowledge / News / Textiles / Nepal's handicraft exports post impressive growth

Nepal's handicraft exports post impressive growth

16
Aug '12
For the fiscal ended on July 15, 2012, Nepal’s handicraft exports grew by an impressive 32.31 percent from previous fiscal’s Np Rs. 3.11 billion (US$ 35.3 million) to about Np Rs. 4.11 billion (US$ 46.7 million), the Federation of Handicraft Associations of Nepal (FHAN) said.
 
Nepal’s handicraft exports grew on account of enhanced participation of Nepali handicraft makers in international trade fairs, and an escalating value of the US dollar against the Nepali rupee, FHAN said.
 
Among the handicraft products, textile handicraft exports from Nepal grew by 33.99 percent year-on-year during last fiscal, while exports of non-textile handicraft items for the period soared by 30.86 percent over previous fiscal, FHAN stated.
 
With a year-on-year rise of 43.11 percent and 25.98 percent, woollen items and felt products respectively stood to be the second and third largest export earning items during the last fiscal.
 
Pashmina exports for the period grew by 10.89 percent year-on-year, cotton goods by 53.59 percent, silk items by 79.11 percent, hemp goods by 49.18 percent and allo goods by 90.74 percent. However, exports of Dhaka products declined by 17.29 percent.
 

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 4th Aug 2021

US FTC votes to reverse course on repeal of fabric care labels

The US Federal Trade Commission (FTC) recently voted to retain the...

Pic: Shutterstock

Retail | On 4th Aug 2021

June retail turnover in Germany up by 4.2% over previous month

Retail sales in Germany rose much more than expected in June...

Pic: Kontoor Brands/Wrangler

Apparel/Garments | On 4th Aug 2021

US’ Kontoor aims for sustainable growth with diversity & inclusivity

Kontoor Brands, an American apparel company with denim brands like...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Donating 20,000 N95 masks to hospitals & NGOs

India-EU Summit, Representatives

India-EU Summit
Representatives

India-EU FTA will provide EU with better access to a huge & rapidly...

Textile Industry, Head honchos

Textile Industry
Head honchos

Blockchains will be in heavy use by early adopters by 2025

Noemi Sanchez,

Noemi Sanchez

Established since 1846, Evlox is a specialised denim manufacturer with its ...

Simone Morgante,

Simone Morgante

Based out of Como, Italy, and with technological expertise of nearly 70...

Richard Armitage,

Richard Armitage

Adaptive Control automates, controls and monitors machines, systems and...

Silverio Baranzano, Fitesa

Silverio Baranzano
Fitesa

Fitesa is a leader in the nonwoven fabrics industry, specialising in...

Thomas Ong P S, NanoTextile

Thomas Ong P S
NanoTextile

Malaysian company NanoTextile Sdn Bhd taps into the potentials of...

Steve McCullough & Marco Weichert, Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Steve McCullough & Marco Weichert
Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Functional Fabric Fair is a trade-exclusive event showcasing the latest...

Seema Agrawal, Artisan Saga

Seema Agrawal
Artisan Saga

Artisan Saga, founded by Kaushik Rajani and Seema Agrawal, is an online...

Suman Nathwani, Suman Nathwani

Suman Nathwani
Suman Nathwani

Designer <b>Suman Nathwani</b> talks about her journey of opening a...

Ruma Devi, Gramin Vikas Evam Chetna Sansthan

Ruma Devi
Gramin Vikas Evam Chetna Sansthan

Ruma Devi is a jet-setting promoter of artisans who has empowered...

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

Leave your Comments


July 2021

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


Advanced Search