Exports Of Garments And Garments In Nepal Declined.

In the first quarter of fiscal year 2012-13, Nepal's ready-made clothes.

Exports fell by 30.7% over the same period last year, which was dragged down by major markets, profits from the US and the recession in the euro area.

Nepalese trade and Export Promotion Center (TEPC) statement said that in the first quarter of the current fiscal year, Nepal exported 2 million 860 thousand units.

Exports amounted to $1 billion 40 million, compared with 4 million 540 thousand units in the same period last year, and exports amounted to US $1 billion 500 million.

Traders attributed this to the decline in garments and clothing exports to Europe and the United States, and the US and European economies have weakened in the past two years.

One in the past few years to Europe

Pokhali, an exporter of export clothing products, said: "during the extended period of recession, importers in Europe and the United States did not get more orders for garments and garments, and garments and garments were not the priority products of consumers in the United States and Europe."

The growth of inflow of cheaper products from other countries has also led to a decline in demand for Nepal products in Western markets, he added.

China is a major exporter to the US market. China's products are cheap, replacing products from small exporters, such as Nepal.

Pandey, President of the Nepali clothing association (GAN), said that the gloomy economic performance of western countries and the export of garments and garments from low-level garments in neighboring countries to India led to a decline in total clothing exports in Nepal.

Despite the labour unrest in Nepal in the past few months, the export of garments and garments has suffered a decline, making exporters of Nepal facing a difficult period. But Nepalese exporters still want to withdraw their former market, mainly in the western market.

The export of Nepalese garments and garments began to decline at the end of 2004, when the United States stopped the irrelevant tax and quota free access to Nepal, resulting in a large decline in clothing production in Nepal and a large-scale closure of garment factories.

In fiscal year 2011-12,

The export of garments and garments reached 4 billion 50 million, down 0.6% from the same period last year.

In fiscal year 1999-2000, Nepal's clothing and clothing exports to a record $12 billion, when international demand was strong.