According to the article of newbusinessage “The export of woolen products in the first six months of fiscal year 2018/19 increased by 9.8 percent compared to the corresponding period of previous fiscal year.
During the review period, Nepal exported woolen products worth Rs 1.57 billion which is 2.1 percent of the total export of the country.
According to the Trade and Export Promotion Centre, there has been a significant increase in export of woolen and felt products in the recent years.
USA is the major market for woolen and felt products. USA consumes two-thirds of the woolen products exported by Nepal, says Sharad Bikram Rana, executive director at the centre.
Besides the USA, other major destinations for Nepali woolen products are Germany, Canada, the UK, Switzerland, France and Japan.
“There is a good demand for woolen products in the international market,” said Rana, adding, “But we are facing problems in production and export of such products due to ineffective policies.”
President of Nepal Wool and Felt Exporters Association Bikram Thapa, the woolen industry has given employment to 20,000 women.
“There is a lack of skilled manpower in this sector,” he added.”