Top 10 Countries with Highest Export of Statuettes from Nepal

Last updated on 2024-04-23

Nepal shipped a big number of Statuettes and other wood decorations a few years ago, making it the world's 47th largest exporter of Statuettes and other wood ornaments. Statuettes and other wood decorations were the 125th most exported product in Nepal in the same year. Statuettes and other wood decorations exports from Nepal are mostly destined for China ($374k), the United States ($50.4k), the Netherlands ($24.7k), France ($19.7k), and Germany ($13.2k).

*The data is collected from the Ministry of Finance and the ranking is done according to the export value.

10. Australia

Image Source: InterNations

Nepal and Australia established diplomatic relations on February 15, 1960. In 2010, both nations commemorated 50 years of diplomatic relations. Over the years, the Australian government and private sector have helped Nepal's economic and social development by providing assistance in health, education, hydroelectricity, sustainable forest management, agriculture, strengthening governance and service delivery, civil aviation, and livestock management. In 20129-20, Australia's trade with Nepal was roughly $2.4 billion. Nepal exports tea, coffee, essential oils, leather goods, apparel, floor coverings, carpets, cotton dresses, paintings, and pastels to Australia while importing refined petroleum, dairy products, drinks, spirits, and vegetables. A total of 350 kg statuettes were exported, with an estimated value of Rs 65 thousand.

Export Quantity : 350 kg
Export Value (in Thousands) : Rs. 65

9. Austria

Image Source: GetYourGuide

The Republic of Austria and Nepal established diplomatic relations on August 15, 1959. Deep regard, cordial ties, and mutual understanding have characterized the two countries' relations. The common stance they proclaim and display on problems relevant to global peace, harmony, and stability attests to their bond. Nepal exports a variety of goods, including paper and paperboard, essential oils, apparel accessories, handicrafts, and others. Nepal imports drinks, food, animal fodder, man-made staple fibers, textiles, and machines, among other things. When it comes to exports, Statuettes and other wood decorations total 395 kg and Rs 125 thousand.

Export Quantity : 395 kg
Export Value (in Thousands) : Rs. 125

8. Vietnam

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In 1975, Vietnam and Nepal established diplomatic relations. The governments and peoples of Vietnam and Nepal have cultivated and developed their strong historic connection over the previous 44 years. Nepalis have always had genuine and deep sympathies for their Vietnamese neighbors, and they have always backed Vietnam's fight for national independence and reunification. A wide range of items is imported and exported from Nepal to Vietnam. Statuettes and other wood ornaments are among them. A total of 300 Kg statuettes were exported, with an estimated value of Rs 126 thousand.

Export Quantity : 300 kg
Export Value (in Thousands) : Rs. 126

7. Hungary

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Nepal and Hungary established diplomatic relations on January 15, 1961. With Hungary's entrance to the European Union in 2004, Nepal's prospects for cooperative ties with the EU are projected to gain impetus through economic and commercial links with Hungary. The two sides discussed the potential for sharing cooperation in education, energy, infrastructure development, and foreign employment. At the moment, the amount of transactions remains modest. Pharmaceuticals, equipment and mechanical appliances, dyes and tannins, chemical goods, and so on are major imports. Nepal's main exports include clothes and accessories, works of art, textile materials, and metal objects. Statuettes and other wood decorations are also exported from Nepal, with a total value of Rs 126 thousand and 340 Kg

Export Quantity : 340 kg
Export Value (in Thousands) : Rs. 126

6. Spain

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On May 13, 1968, Nepal and Spain established diplomatic relations. Nepal and Spain have long had warm and amicable relations. They have become stronger in recent years, owing to the exchange of visits at all levels, appreciation of each other's goals and sensitivities, collaboration in international forums, a shared stance on global concerns, and a commitment to world peace and harmony. Chemicals, synthetic, woolen, and polyester blankets, electrical items, and culinary equipment are among Nepal's imports from Spain. Likewise, Goatskin, incense sticks, leather items, woolen carpets, handicrafts, clothing, and Nepalese paper and paper products are among the most important exports to Spain. Similarly, the exports of Statuettes and other wood decorations amount to 507 Kg and Rs 295 thousand.

Export Quantity : 507 kg
Export Value (in Thousands) : Rs. 295

5. Republic of Korea

Image Source: Britannica

Nepal and South Korea have a lot in common in terms of mutual understanding, kindness, and friendship. In 2004, Nepal and the Republic of Korea celebrated the 30th anniversary of their diplomatic relations. The Republic of Korea is becoming a more important and reliable partner in Nepal's economic development. The volume of trade between Nepal and the Republic of Korea has grown throughout time, with the trade balance primarily benefiting Korea. Over the preceding three years, the average import from Korea was 81620410.67 USED. In terms of exports, Nepal shipped 527 Kg Statuettes and other wood decorations to the Republic of Korea for a total of Rs 299 thousand.

Export Quantity : 527 kg
Export Value (in Thousands) : Rs. 299

4. Poland

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Nepal and Poland established diplomatic relations on November 25, 1959. A Trade and Payments Agreement was struck between Nepal and Poland in 1966. Economic cooperation between Nepal and Poland remains to be explored in light of Poland's upcoming entrance to the European Union. Nepal's main exports to Poland include garments, clothing accessories, handicrafts, and works of art. Similarly, equipment, dairy products, and drinks are among the items imported from Poland to Nepal. Poland is one of the most prominent countries to which Statuettes and other wood decorations are exported from Nepal, with 360 Kg worth Rs 408 thousand.

Export Quantity : 360 kg
Export Value (in Thousands) : Rs. 408

3. United States

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On April 25, 1947, Nepal and the United States of America (US) established diplomatic ties. Bilateral ties are cordial, and the United States' policy goals revolve around assisting Nepal in building a peaceful, prosperous, resilient, and democratic society. The United States is one of Nepal's most significant commercial partners. It is also one of Nepal's key sources of foreign cash, especially via the export of textiles and carpets, as well as tourism earnings. The export of Nepali readymade garments to the United States of America has decreased dramatically after the collapse of the quota system under the Multi-fibre Agreement (MFA) in 2004. Nepal has exported 1467 Kg of Statuettes and other wood decorations to the United States, with a total export value of Rs 539 thousand.

Export Quantity : 1,467 kg
Export Value (in Thousands) : Rs. 539

2. Netherlands

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At both the government and people-to-people levels, Nepal and the Netherlands have friendly, cordial, and cooperative bilateral relations. In Kathmandu, the Netherlands has an honorary consulate. Nepal imports textiles, machinery and components, industrial raw materials, electrical goods, research equipment, and other items from the Netherlands. Given the Netherlands' significant position in the EU, Nepal's chances for cooperative ties with the EU are likely to be boosted by the country's outstanding economic and commercial connections with the Netherlands. The Netherlands is the first most important nation to which Statuettes and other wood decorations are exported from Nepal, with 15,498 Kg accounting for an export value of Rs 3075 thousand.

Export Quantity : 15,498 kg
Export Value (in Thousands) : Rs. 3,075

1. China

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China is Nepal's major source of foreign direct investment. In practice, Nepal and China have a pleasant and cordial relationship. China has been a valuable partner in Nepal's development efforts. China has provided Nepal with financial and technical aid in sectors such as infrastructure development, transportation, industrial development, health, education, etc. Nepal's second major commercial partner is China with total exports to China of about US$181 million in 2015/16, a small rise from US$179 million the previous fiscal year..China is the second-largest exporter of Statuettes and other wood decorations, accounting for 9,558 Kg worth Rs 3844 thousand.

Export Quantity : 9,558 kg
Export Value (in Thousands) : Rs. 3,844