दुनिया को चौका दिया नेपाल के प्रोडक्ट ने // Nepali Product handicraft export made record | Nepal

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With the pandemic wreaking havoc on the global economy, the export of most Nepali handicraft products has also declined, as most in the industry predicted. But exports of Nepali felt products have continued to rise despite the challenges posed by the pandemic.

Traders attributed the growth to products being competitive in the international market, in terms of price and quality.

According to the Trade and Export Promotion Centre, the country exported felt products worth Rs2.74 billion in the first eight months of the current fiscal year (mid-July to mid-March), a sharp rise of 61.97 percent as the export bill amounted to Rs1.69 billion in the same period last fiscal year 2019-20. The country exported felt products worth Rs2.15 billion in the last fiscal year.

Based on data for the last five years, the export of felt products have increased by 69.17 percent and traders are bullish on further growth.

“The demand for Nepali handicraft has been increasing as many types of products can be produced using felt and their designs continue to be updated,” said Maheshower Shrestha, CEO of Everest Fashion, a felt producer based in Kathmandu Valley.

Dharma Raj Shakya, immediate past president of the Federation of Handicraft Associations of Nepal said that Nepali felt products are competitively priced at reasonable prices compared to other countries that also produce felt products.

“There is good demand for Nepali felt products through online shopping portals operating in the US and European market where customers can buy the goods at low prices and demand has not been impacted by the Covid-19 pandemic,” he said.



According to felt traders, the major markets for Nepali felt products are the US and European countries followed by Japan and Canada. Felt products are mainly used as decorative items.

Refined sheep wool is the main raw material for Nepali felt crafts. According to traders, most of the raw material is imported from New Zealand with imports from Australia and China as well. Shrestha said that the pandemic has not impacted the supply of raw material.





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