Tuesday, August 14, 2012

Handicraft exports up 32.31%

KATHMANDU, Aug 12, 2012

Exports of handicraft items increased by an impressive 32.31 percent in the last fiscal year, compared to export figures of 2010/11, thanks to better promotion of Nepali handicraft in international market and strengthening of US dollar vis-à-vis Nepali rupee.
According to Federation of Handicraft Associations of Nepal (FHAN), Nepal exported handicraft items worth Rs 4.11 billion in 2011/12, up from Rs 3.11 billion recorded in the previous fiscal year.

The country exported metal products worth Rs 927.74 million - a rise of 36.57 percent compared to figures of 2010/11 when the country had exported metal products worth Rs Rs 679.32 million.

Metal craft was the country´s major exportable handicraft items during the review year, contributing to around 22.54 percent of the total handicraft export.
Bikash Ratna Dhakwa, president of FHAN, said Nepal´s handicraft exports increased due to growing participation of Nepali handicraft producers in international trade fairs and due to the appreciation of US dollar against Nepali rupee. “Demand for metal products has been growing in China and European countries since past few years,” said Dhakwa.

According to FHAN, export of textile products increased by 33.99 percent to Rs 1.92 during the review year, up from Rs 1.43 billion recorded in 2010/11. Similarly, exports of non-textile goods increased by 30.86 percent to Rs 2.19 billion in 2011/12 from Rs 1.67 billion recorded in the previous fiscal year.
Woolen goods and felt products stood at second and third position in terms of export earning, recording a rise of 43.11 percent and 25.98 percent respectively compared to 2010/11. The country exported woolen products worth Rs 708.94 million and felt products worth Rs 474.84 during the review year.
Similarly, exports of pashmina increased by 10.89 percent, silk products by 79.11 percent, cotton goods by 53.59 percent, hemp goods by 49.18 percent and allo goods by 90.74 percent. However, exports of Dhaka products fell by 17.29 percent.

In the non-textile category, export of handmade paper products increased by 32.26 percent, wood craft by 53.87 percent, glass products by 211.68 percent, bone and horn products by 52.75 percent, ceramics products by 15.26 products, leather goods by 16.38 percent and incense by 42.18 percent.
Exports of bead items and thangka paintings increased by a whopping 289.14 percent and 90.46 percent respectively. Export of plastic items recorded nominal rise of 1.55 percent.

“The demand for beads products is increasing mainly because of growing demands for bags and jewelries made of beads in US,” said Dhakwa.
Exports of silver jewelry, crystal products, and bamboo products went down in the non-textile category during the review year, according to the report.
US (Rs 1.20 billion) was the largest market for Nepali handicraft during the review year, followed by Germany (Rs 364.33 million) and Tibet (Rs336.99 million).

Source: Republica

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