Furniture exports headed for $1bn

Furniture exports registered by Romania are likely to exceed the one billion dollar (850 million euros) threshold this year, given the powerful acceleration seen in the first half, to 570 million dollars (420 million euros).  “Romania’s furniture exports have witnessed significant growth over the last four years and will this year get to one billion dollars, as compared to 400 million dollars in 2000,” stated Dan Ioan Popescu, economy and trade minister. In the first half of this year, Romania’s furniture exports amounted to 419 million euros, 20.4% higher as compared to the corresponding period of last year, according to statistical data released by Asociatia Producatorilor de Mobila din Romania (The Association of Romanian Furniture Producers – APMR). In this context, the value of furniture production stood at 532 million euros in the first half of this year, 26 million euros more than in the same period of last year.