Malaysia boosts furniture sales to China

Source:
ITTO/Fordaq
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In a 10 September press release the Malaysian Timber Council (MTC) said China continues to provide healthy gains for Malaysian furniture manufactures. The two countries have enjoyed healthy trade ties and aim to achieve a bilateral trade worth US$160 billion by 2020.

In 2016, timber and wood products exports to China were valued at RM846.8 million, an almost 4% increase from the previous year. Furniture remains the main export of Malaysian timber products to China in value terms, amounting to RM121.7 million which marks a 91% increase from the previous year.

To build on the strong trade ties the MTC participated in the China International Furniture Expo organised by the China National Furniture Association and Shanghai UBM Sinoexpo International Exhibition Co Ltd.

This year, the exhibition was held 12-15 September at the Shanghai New International Expo Centre (SNIEC) in Pudong, Shanghai, China. The exhibition will run concurrently with the Furniture Manufacturing and Supply China 2017 event at SNIEC.

Last year, 18 companies participated in the fair under MTC’s Malaysia Pavilion. This year, MTC lead a 5 ITTO TTM Report: 21:17, 1 – 15 September 2017 delegation of 20 companies to showcase their best selling products under the Council’s Malaysia Pavilion.

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