Singapore Potential Market For Leather Craft

Denpasar, Bali, March 10 (Antara) - Singapore is a potential market for leather craft from Bali, considering 20.55 percent or US$9.23 million worth of foreign exchange from leather craft came from there during 2013. "Revenue from leather craft was on a decline at 4.55 percent as compared with the previous year that recorded 9.67 million dollar," stated Head of Public Relation Bureau of Bali Provincial Administration I Ketut Teneng here on Monday. Ketut Teneng noted that leather craft from Bali was exported to various countries. In addition to Singapore, the other countries are Japan (18.11 percent), Italy (13.19 percent), Netherlands (9.54 percent), United States (8.22 percent), Australia (6.27 percent), France (5.22 percent), Spain (5.16 percent), British (0.29 percent), Hong Kong (0.05 percent) and others (13.26 percent). Ketut Teneng added that the export volume of leather craft in 2013 saw a decline at 38.03 percent, from 10.40 million units in 2012 to 6.65 million unit. Leather craft contributed 1.9 percent of the total exports from Bali that reached 486.06 million in 2013, an increase of 0.88 percent from the previous year that recorded 481.83 million dollars. Leather craft products from Bali, such as jackets, shoes, bags and belts, include 17 different kinds of household products that are passed over to overseas markets.