Special sourcing report: Indonesia, the Philippines and Vietnam Furniture highlights product availability and supplier details
MANILA, April 12, 2016 – The Hinrich Foundation released the Special Sourcing Report: Indonesia, the Philippines and Vietnam Furniture with the support of its partner in export development, Global Sources (NASDAQ: GSOL)
The online report covers Indonesia, the Philippines and Vietnam. It includes 191 export suppliers of living room, dining, kitchen, garden, outdoor and bedroom furniture – plus product pricing and supply market trends.
The report also features industry information, new product features, price guides and export data. PDFs of each section are available to download for free online. Highlights of each market show:
- Indonesia: Export sales reached $3 billion in 2014. Rattan is still the main advantage of the industry. It’s famous for its skilled craftsmen.
- The Philippines: The industry is one of the four key contributors to Philippine exports, accounting for 5.4 percent of revenue. It has diverse and substantial sources of earth-friendly wood alternatives.
- Vietnam: Export sales reached $2.07 billion in the first quarter of 2015. It currently ranks first in Southeast Asia, second in Asia and fourth in the world in exporting wooden furniture.
Sourcing Reports for the Philippines, Vietnam, India, Indonesia, Cambodia
The Special Sourcing Report: Indonesia, the Philippines and Vietnam Furniture is one of a series of online Sourcing Reports covering emerging Asia supply markets. A full version of the report can be viewed online here.
Other related Sourcing Reports available online are:
Sourcing from Southeast Asia buyer’s guide
To help buyers new to sourcing from Indonesia, the Philippines and Vietnam, the Foundation has prepared guides that provide an overview of the industries and products available and main manufacturing centers.
Buyers will also learn how to find and vet reliable suppliers, available banking options, common methods of payment, shipping details and steps to avoid or settle trade disputes for Vietnam and the Philippines.
About the Hinrich Foundation
The Hinrich Foundation believes sustainable global trade promotes economic prosperity and peace. It aims to encourage the private sector and governments to drive innovation and competitiveness in trade-related activities undertaken by individuals, companies, industries and countries by focusing on three program areas:
- Trade scholarships & careers: We sponsor educational opportunities for individuals who show a commitment to participating in or promoting innovative and competitive global trade. We offer Hinrich Global Trade Leaders Scholarships to students from Bangladesh, Cambodia, China, India, Laos, Myanmar, Vietnam, and the US to study in China, Hong Kong, the Philippines, Vietnam and the US. We ensure our scholars experience extended internships and career development opportunities with export related partner organizations in ten countries. (https://hinrichfoundation.com/trade-related-education)
- Export trade assistance: We offer practical trade services to promote and coach producers on how to participate in global trade. Through this program, the Hinrich Foundation connects exporters across developing Asia with buyers worldwide. (https://hinrichfoundation.com/trade-assistance/job-creation)
- International trade research: The Hinrich Foundation believes that the health of the global economy and peace between nations depend on countries having productive trade relationships, which require open, fact-based dialogues. We initiate thought leadership research, elicit opinions and disseminate information about global trade to encourage objective debate and balanced policy making. (https://hinrichfoundation.com/trade-research/program-overview)