Kathmandu: Handicraft goods worth Rs 4.80 billion has been exported from the country in the fiscal year 2016/17.
Different handicrafts goods manufactured from bamboo, Dhaka, crystal, leather, paintings, papers, silver ornaments were exported to foreign countries during the period.
According to Federation of Handicraft Associations of Nepal, the highest amount of handicraft goods was exported to US. Handicrafts goods worth Rs 1.56 billion was exported to US while handicrafts worth Rs 674 million was exported to China, worth Rs 437 million to Germany and Rs 350 million to Japan.
Transaction of handicraft goods was higher by Rs 40 million in the fiscal year 2016/17 as compared to fiscal year 2015/16. The transaction of handicraft goods had decreased in the fiscal year 2015/16 due to the April 2015 earthquake.
Although 1,500 entrepreneurs are affiliated to the Federation, around 400 entrepreneurs have been exporting handicraft goods, according to the Federation. RSS