Nepal's major exports encompass textiles and garments, carpets and rugs, tea, medicinal herbs, handicrafts, iron and steel products, cardamom, vegetable ghee, pashmina products, and metal crafts. These commodities contribute significantly to Nepal's economy, driving growth and employment. The country's closest trading partners vary across industries, with the United States, Germany, and India playing crucial roles in its export market.
Textiles and Garments
Textiles and garments constitute the largest share of Nepal's exports. The country has a thriving textile and garment industry, producing a variety of products, including clothing and fabrics. With an estimated export value of $800 million, Nepal's primary trading partners for textiles and garments include the United States, Germany, and the United Kingdom.
Carpets and Rugs
Nepal is renowned for its hand-woven carpets and rugs, which are highly sought after in international markets. The export volume for carpets and rugs is substantial, with an approximate value of $500 million. Nepal's closest trading partners for these exports include the United States, Germany, and the United Kingdom.
Tea
Tea is an important agricultural export from Nepal. The country produces high-quality tea, known for its unique flavor and aroma. The export value for tea is around $200 million. Nepal's primary trading partners for tea exports include India, Germany, and the United States.
Medicinal Herbs
Nepal exports a variety of medicinal herbs, which are used in traditional medicine and pharmaceutical industries. The country is rich in biodiversity, making it a favorable source for medicinal plants. The export value for medicinal herbs is approximately $150 million. Nepal's closest trading partners in this sector include India, China, and the United States.
Handicrafts
Nepal is known for its intricate handicrafts, including metalwork, woodwork, pottery, and jewelry. These unique handicrafts showcase the country's rich cultural heritage. The export value for handicrafts is around $100 million. Nepal's primary trading partners for handicraft exports include the United States, Germany, and the United Kingdom.
Iron and Steel Products
Nepal exports iron and steel products, including iron bars, rods, and sheets. The country has steel manufacturing plants that contribute to its export volume. The export value for iron and steel products is approximately $80 million. Nepal's closest trading partners for iron and steel exports include India, Bangladesh, and the United Arab Emirates.
Cardamom
Cardamom is an important agricultural export from Nepal. The country produces high-quality cardamom, which is widely used as a spice in culinary applications. The export value for cardamom is around $70 million. Nepal's primary trading partners for cardamom exports include India, Saudi Arabia, and the United Arab Emirates.
Vegetable Ghee
Nepal exports vegetable ghee, a type of clarified butter used in cooking and food preparation. The export value for vegetable ghee is approximately $60 million. Nepal's closest trading partners for vegetable ghee exports include India, Bangladesh, and the United Arab Emirates.
Pashmina Products
Nepal is known for its luxurious pashmina products, including shawls, scarves, and wraps made from the fine wool of the Himalayan mountain goats. The export value for pashmina products is around $50 million. Nepal's primary trading partners for pashmina exports include the United States, Germany, and the United Kingdom.
Metal Crafts
Nepal exports metal crafts, including brass and copper utensils, statues, and decorative items. These handcrafted metal products showcase the country's traditional craftsmanship. The export value for metal crafts is approximately $40 million. Nepal's closest trading partners for metal craft exports include the United States, Germany, and the United Kingdom.
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