Exports of Malaysian furniture have achieved a CAGR of 19.2% (from 1998-2009). Over the years, exports of furniture products have contributed significantly to Malaysia’s total exports. In 2009, exports of Malaysian furniture products were valued at RM7.8bn or 1.8% of total exports in Malaysia, at the same time achieving a commendable CAGR of 19.2% (from 1998-2009). According to Malaysian Industrial Development Authority (“MIDA”), Malaysia exports to more than 160 countries with the main export destinations being the US, Japan and Australia. Currently, Malaysia ranks as the tenth largest exporter of furniture in the world and second in Asia after China.
Manufacturing :A Look At Malaysia’s Furniture Industry - 22/04/2010
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