Friday, 29 July 2022 06:30

Indonesian Furniture is Selling Well and is in Wholesale at the Atlanta Summer Market

Indonesian furniture and home decoration products are selling well at the Atlanta Summer Market exhibition at the Americas Mart Convention Center, Atlanta, United States (US). This product has the potential to reap transactions of more than USD 2.4 million or around IDR 33 billion. "Products that attract attention are toy products with the shape of a 3D US map, cypress wood products, wooden utensils, wine and cigarette storage boxes," said Director General of National Export Development Didi Sumedi in his official statement, Wednesday (27/7). /2022).


Didi also said that the exhibition, which was held from July 13-17, 2022, could serve as a catalyst to increase exports of Indonesian furniture and home decoration products to the US. “Indonesian products that will penetrate the market to the United States must have elements that are closely related to local culture. In this way, Indonesian products can easily attract the attention of buyers and are easily accepted in the US market,” said Didi. Meanwhile, the Head of the Indonesian Trade Promotion Center, Bayu Nugroho, said that participating in this exhibition is one of the government's efforts to increase the value of Indonesia's exports to the US market. Based on IHS Market data, the value of Indonesia's exports to the US in 2021 for furniture products is IDR 26 trillion and IDR 7 trillion for home decoration products. These two values rose 26.1% and 41.9% respectively compared to 2020. “Indonesia is one of the countries that get special tariff preferences to enter the United States market through the Generalized System of Preference (GSP) scheme, especially furniture derivative products (HS 94). It is hoped that by utilizing the GSP, Indonesian furniture products can compete with other countries because of the tax relief/no import duty," explained Bayu.

Source : https://economy.okezone.com/read/2022/07/27/455/2636944/furnitur-indonesia-laris-manis-diserbu-di-atlanta-summer-market?page=2

 

 

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