famous local product; specialty
Refers to a product for which a particular region is well known, often a food, craft, or souvenir. Similar to 名物 but emphasizes the product aspect.
The famous local product of this region is sweet mandarin oranges.
I look forward to buying local specialties when I travel.
特産品 also means a local specialty product, but 名産品 emphasizes fame and reputation, while 特産品 focuses on the product being characteristic of the region.
Compound of 名 (めい, 'famous'), 産 (さん, 'produce'), and 品 (ひん, 'goods'). The word follows standard Sino-Japanese word formation.