Nepal’s ready-made garment exports soar to over 9 billion rupees – myRepublica

Nepal’s ready-made garment exports soar to over 9 billion rupees – myRepublica

KATHMANDU, April 26: Nepal exported ready-made clothes price greater than Rs 9 billion within the first 9 months of the present fiscal 12 months 2023/24. In accordance with the statistics of the Division of Customs, the nation esports 12.832 million items of ready-made clothes price Rs 9.28 billion from July to mid-March of present FY.

Prepared-made clothes performs an enormous position in lowering Nepal’s international commerce deficit. Nepal has been exporting ready-made clothes price billions of rupees to numerous international locations of the world. In accordance with the statistics of the division, the export of ready-made clothes elevated by 7 % in the course of the 9 months of the present 12 months in comparison with the final fiscal 12 months. Through the 9 months of final 12 months, Nepal exported 10.185 million items of ready-made clothes price Rs 8.419 billion.

Prepared-made clothes produced by Nepal are largely exported to Germany, America and the UK. Through the 9 months of the present 12 months, Nepal exported 1.139 million items of ready-made clothes price Rs 1.7426 billion to Germany. Equally, 3.02 million items of ready-made clothes price Rs 1.6745 billion have been exported to America. In accordance with the division, 1.595 million items of garment price Rs 1.299 billion have been exported to Britain.

Equally, within the evaluate interval, Nepal bought 419000 items of clothes price Rs 217.7 million to Australia, 147000 items price Rs 148.5 million to Austria, 33000 items price Rs 398 million to Belgium, 50000 items price Rs 9.8 million to Bhutan, 5000 items price Rs 1.2 million to Brazil, 5000 items price Rs 2.9 million to Bulgaria and 408,000 items price Rs 312.8 million to Canada.

Equally, 2.181 million items of garment price Rs 133.3 million have been exported to China, 3000 items price Rs 1.5 million to Croatia, 1.22 million items price Rs 93 million to the Czech Republic, 1.11 million items price Rs 169.7 million to Denmark, 23,000 items price Rs 3.1 million to Estonia, 22,000 items price Rs 29.2 million to Finland, 390,000 items price Rs 804.8 million to France and 14,000 items price Rs 4.3 million to Georgia.

As well as, Nepal bought 5,500 items of ready-made clothes price Rs 7.2 million to Greece, 181,000 items price Rs 21.5 million to Hong Kong, 39,000 items price Rs 31.1 million to Hungary, 530,000 items price Rs 253.4 million to India, 76,000 items price Rs 71.6 million to Eire, 5,000 items price Rs 1.8 million to Israel, 223,000 items price Rs 391.3 million to Italy, 628,000 items price Rs 393.2 million to Japan, 23,000 items price Rs 32.2 million to South Korea, 370 items price Rs 6.1 million to Latvia, 30,000 items price Rs 20.9 million to Malaysia, 1600 items price Rs 2.1 million to Mauritius, 299,000 items price Rs 241 million to the Netherlands, 40,000 items price Rs 341 million to New Zealand, 49,000 items price Rs 75.4 million to Norway and 59,000 items of ready-made clothes price Rs 37 million to Poland.

In accordance with the division, within the evaluate interval, Nepal exported 33,000 items of garment price Rs 25.1 million to Portugal. Likewise, Nepal exported ready-made clothes price Rs 4.2 million to Qatar, Rs 2.2 million to Singapore, Rs 40 million rupees to Slovakia and Slovenia, Rs 50.1 million to South Africa, and Rs 191.6 million rupees to Spain. It additionally exported ready-made clothes price Rs 80 million to Sweden, Rs 198 million to Switzerland, Rs 21.2 million to Taiwan, Rs 16 million to Thailand and Rs 46.3 million to the UAE.

 

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