The Economic Impact of Handicraft Export in Nepal
Handicraft export plays a significant role in Nepal's economy, as it provides livelihoods for many local artisans and contributes to the country's overall GDP. In this blog post, we will explore the economic impact of handicraft export from Nepal and its importance to the country's economy. First, it's important to understand that Nepal is known for its rich cultural heritage and skilled artisans who have been creating handicrafts for centuries. The handicraft industry is a vital source of employment for many Nepali people, particularly those in rural areas where opportunities are limited. The handicraft industry in Nepal, as per the Federation of Handicraft Association of Nepal (FHAN), provides employment to over one million people, making it one of the biggest employers in the nation. Additionally, it accounts for over 2% of the nation's GDP and is a substantial contributor to Nepal's foreign exchange earnings. Handicraft Export The economic impact of hand