NEWSROOM

The two biggest manufacturers of the furniture industry, the United States and China, are in an economic warfare, while Turkey took action to turn the crisis into an opportunity. USA and China's furniture exports contracted in the first half of 2020, while Turkey grew 12 percent in the first seven months.

*** This release is originally published in Turkish.
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ISTANBUL (TR) - Embargos imposed on each other by the United States and China, the two countries with the largest volume of furniture production and sales in the world, have mobilized other producing countries. According to USA furniture export data, there was a decline of 14% in the first six months of 2020 compared to the same period of the previous year, from $11.6 billion to $9.9 billion. In the same period, China's furniture exports declined to 2 billion 29 million dollars with a 14% shrinkage. The scenario that Turkey and Italy could replace China as a result of sanctions that the US wants to impose on China began to be voiced louder.

“What happened in the USA put the country in a difficult position”

Noting that the USA maintains its position as the world furniture giant, Murat Erat, Chairman of the Board of Asortie Furniture, said, “The coronavirus epidemic has serious effects in the USA, the racism discussions, election mobility and the ongoing economic war with China are difficult to get out of the USA this year. put it into a position. In the first six months of the year, a 14.3 percent decrease was seen in US furniture exports. However, exports of furniture to the US from Turkey held June period of 2020 increased by 75% compared to the same month of the previous year to 14 billion 174 million dollars. We, as the Turkish furniture industry, take advantage of this situation seriously. This year, we aim to continue the increase in exports between our country and the USA in the coming years. " used the expressions.

“Turkey's furniture exports to China increased by 148% in June”

Stating that the situation is not different in China, the center of Covid-19, Murat Erat said, “Although China is slowly starting to heal the wounds of the coronavirus, it is still not recovered. Factories have begun to open, but export figures have not yet returned to their old days. The world's view of imports of products from China seems much more cautious. As Turkish furniture manufacturers, we have reached 1 billion 754 million dollars in furniture exports to China in June 2020 with an increase of 148% compared to the previous year. We need to bring the Turkish furniture industry to the forefront and further increase its share in the global pie.”

“Turkey's 2023 goal is to enter the top 5 among the countries exporting furniture”

Stating that Turkey is still not in the position it should be in in the world furniture export market with about 200 billion dollars, Murat Erat said: “It's time to turn the crisis into an opportunity for our country. Although Turkish furniture is of great interest in the world, it is still not where it should be. In 2019, furniture exports increased by 27.1% compared to the previous year and reached 3 billion 415 million dollars. We aim for $4 million by the end of 2020. 2023 our goal is to become one of the top 5 countries in furniture exports. In order to achieve this goal, we must quickly climb up from the position of the 12th most exporting country in the world. It's time for Turkey to go on attack the furniture sector.”