Why did export of handicrafts slow down?

Why did export of handicrafts slow down?

Various export and import opportunities have been affected due to the global economic situation.
Especially Indian handicrafts are well received in developed countries.
But imports in Europe and the US have fallen by around 20% this year.
Experts say that this is due to the economic slowdown.
It seems that this recession will be resolved very soon
But we are likely to export up to 3.3 billion dollars.


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