EU wooden furniture exports slow down on fewer orders from Russia
"This trend reflects political tensions between the EU and Russia in connection with the crisis in the Ukraine as well as economic difficulties in Russia, which have been aggravated by the political crisis", explains IHB.
On the other hand, good news for EU wood furniture come from North America and China. "Exports to North America continued to rise sharply and deliveries to China and other Asian countries are also increasing", the website highlights.
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