Nepal'S Shawl Into Clothing Industry: Industry Development Sluggish Recent Export Decline

In the first two months of the current fiscal year, Nepal's shawls and ready-made clothes

Exports of wool and carpets fell by 29% compared to the same period last year.

According to the statistics of the Nepalese Bank (central monetary authority), in the first two months of fiscal year 2012-13 (end of mid September), Nepal's shawls and achievements

The export of clothing and wool carpets to different international markets reached 1 billion 180 million rupees, and the export volume for the last fiscal year was 3 billion 60 million rupees.

In the first two months of the current fiscal year, Nepal exported 7 million 100 thousand rupiah products to India, which increased by 44.9% compared with the same period last year. However, exports to third countries dropped by 44.9% to 338 million 700 thousand rupees.

During that time, the export revenue of the shawl dropped to 345 million 800 thousand rupees, and the export volume of the last fiscal year was 623 million 500 thousand rupees.

In fiscal year 2011-12, Nepali exported 1 billion 900 million rupees' shawls, and exports in the 2010-11 fiscal year were 1 billion 630 million rupees.

In the first two months of the current fiscal year, the export volume of garments and garments for Nepal to India and third countries decreased by 73.8% and 41.1% respectively.

Nepal exported garments of 35 million 200 thousand rupees to India and exported 632 million 200 thousand rupees to third countries.

In the first two months of the current fiscal year, Nepal's total garments and clothing exports dropped to 667 million 400 thousand rupees, while exports in the 2011-12 fiscal year were 1 billion 200 million rupees.

In India, Nepal.

Businessmen are facing severe competition because Bangladesh's exporters are supplying clothing to India with a very low level of processing.

Garment garments were once the largest export item in Nepal. Before the abolition of the exemption from the US market in 2004, the export of garments and garments in Nepal suffered a serious setback.

After the US government's policy change, the number of large garment producers and exporters dropped to less than 12.

In fiscal year 1999-2000, Nepal's clothing and clothing exports reached a record high of 12 billion rupees.

In fiscal year 2011-12, Nepali exported 4 billion 50 million rupees to garments and garments, which was lower than the 4 billion 80 million rupiah exported in the 2010-11 fiscal year.

Similarly, the export of woolen carpets, the fourth largest export item in Nepal, dropped by 5.1% over the same period.

In the first two months of the current fiscal year, Nepal exported 1 billion 710 million rupees of wool carpet, down from 1 billion 230 million rupees in the same period last fiscal year.

The export of Nepal's hand carpet has declined to Europe in the main market, which is due to the European financial crisis.

In recent years, Nepal's hand carpet has increased to China's exports, which has partially relieved Nepalese exporters.

In fiscal year 2011-12, Nepal exported wool rugs valued at 6 billion rupees, up from 4 billion 920 million rupees in fiscal 2010-11.