Fri, 22 May 2009
Jakarta (ANTARA News) - Indonesia`s furniture exports in 2009 may fall 30 percent from last year`s US$2.65 billion because of global economic slowdown, the Indonesian Association of Furniture and Handicraft Industries (Asmindo) said.

"In the first quarter of 2009 alone, Indonesia`s furniture exports fell 35 percent from a year earlier," Asmindo Chief Ambar Tjahyono said here on Thursday.

But he expressed optimism that the drop in furniture exports could be kept down to up to 30 percent this year.

For its part, Asmindo members must keep seeking export opportunities in a number of countries by among others taking part in furniture exhibitions, he said.

He said the association would organize a furniture exhibition of international scale in Jakarta in October 2009 as part of efforts to boost the country`s furniture exports.

"We hope the momentum will serve as the revival of the export market for Indonesian furniture in 2009," he said.

He also expressed hope that the monetary condition during the presidential polls on July 8, 2009 would remain stable so that the Indonesian furniture would remain competitive in the export market.

"We continue to eye the export market which absorbs up to 75 percent of Indonesia`s furniture," he said.(*)



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