Furniture exports drop drastically
Denpasar: Bali received US$1.8 million in revenue from its furniture exports for January 2012, a sharp decline of 34.83 percent from the same period last year, which amounted to $4.75 million.
The furniture industry had been flourishing in Bali and has contributed to the island’s export revenues. I Ketut Teneng, spokesman for the Bali provincial administration, said that currently the island exported wood, bamboo and rattan furniture, as well as furniture made from synthetic materials, to several countries, including Australia, Japan and some European countries.
In 2011, the furniture industry generated $41.07 million in revenue from the shipment of 2.94 million pieces of furniture.
Furniture is one of the 14 major export goods from Bali, which include garments and textiles, leather products, ceramic pieces, woven bamboo and shells.