Wooden furniture exports up 0.3% in 2018

RIGA - In 2018, Latvian exports of wooden furniture contracted 0.3 percent from 2017, with most of the Latvian-made furniture sold in Denmark, according to information released by the Agriculture Ministry.

In 2018, Latvia shipped EUR 166.466 million worth of wooden furniture to foreign countries. Of this amount EUR 38.414 million worth of furniture, or 23.1 percent of total amount, was exported to Denmark, which is a 23.7 percent increase against 2017.

Wooden furniture exports to Germany fell 8.7 percent year-on-year to EUR 21.956 million, or 13.2 percent of total amount, and exports to Sweden increased 28.1 percent to EUR 16.988 million, or 10.2 percent.

Meanwhile, Latvian imports of wooden furniture declined 16.8 percent year-on-year to EUR 69.015 million in 2018.

Poland supplied EUR 13.736 million worth of wooden furniture in 2018, or 19.9 percent of total amount, down 5.4 percent from 2017.

Wooden furniture imports from Lithuania fell 30.1 percent to EUR 9.481 million, and imports from Italy shrank 30.7 percent year-on-year to EUR 9.477 million.

In 2017, Latvia exported EUR 166.018 million worth of wooden furniture and imported wooden furniture for EUR 82.911 million.