•      Mon May 20 2024

Handicraft exports to Europe dwindle by 20 per cent

Handicraft fair

Kathmandu, April 12: The war in European continent has its impact on the handicraft industry here in Nepal. President of the Federation of Handicraft Associations of Nepal, Prachanda Shakya said handicraft exports to Europe have decreased by 20 percent.

According to him, goods like hand-made paper, pashmina, felt and others are exported in large volumes to Europe. Handicraft goods worth Rs 6 billion were exported to Europe last year. Shakya shared that the exports have gone down by 20 per cent this year.

“The war in Europe has affected the handicraft trade of Nepal. However, handicraft export to other countries is moderate,” Shakya said.

As per Federation’s data, handicraft and sculptures items worth approximately Rs 12 billion are exported from Nepal. Handicraft exports in the two months – Mangsir and Poush – alone are Rs 8 billion.