Bali’s exports to Europe decline
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Balis exports of various handicraft and small industrial products to European countries declined in the first three moths this year because the economic growth in Europe has not yet recovered well.
“Importers from Europe still demanded for various handicraft, garments and furniture products but the volume was not as big as that last year,” exporter Made Parwata said here on Saturday.
He said that importers from Spain still maintained stable demand and delivery was still smooth.
Other European importers were those from Italy, France and Germany. These countries are included as the big ten importers of Balis products.
However, the Central Bureau of Statistics (BPS) data showed that imports of these products by France, Spain, Italy and Germany declined from US$19 million in the January-March 2015 to US$17 million in the same period this year.
Questions & Answers
Q.Which specific product categories saw a decline in exports from Bali to Europe?
Which specific product categories saw a decline in exports from Bali to Europe?
The decline affected various handicraft and small industrial products. Made Parwata, an exporter, specifically mentioned handicraft, garments, and furniture products, although importers still showed demand for these items.
Q.What was the main reason cited for the reduction in Bali's exports to European countries?
What was the main reason cited for the reduction in Bali's exports to European countries?
The primary reason given for the decline was that economic growth in Europe has not yet recovered sufficiently. This led to European importers requesting smaller volumes of products compared to the previous year.
Q.Which European country maintained stable demand for Bali's products despite the overall decline?
Which European country maintained stable demand for Bali's products despite the overall decline?
Spain was the European country that maintained stable demand for Bali's products. Exporter Made Parwata noted that importers from Spain still had consistent demand and that deliveries were proceeding smoothly.
Q.What was the total value of the decline in imports by the mentioned European countries in the first three months?
What was the total value of the decline in imports by the mentioned European countries in the first three months?
The Central Bureau of Statistics data showed that imports by France, Spain, Italy, and Germany declined from US$19 million in January-March 2015 to US$17 million in the same period this year, representing a US$2 million decrease.
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