Algeria Woodtech is the leading international exhibition in the field of wood, furniture, equipment and wood technology in Algeria. Under the patronage of the Algerian Minister of Industry, the Exhibition will take place from September 19 to 22, 2022, bringing together the main industries in the wood and furniture sector to create and strengthen trade and investment relations. invest in this industry.
Algeria does not produce wood, so it has to import wood for processing or import ready-made furniture. Each year, the country imports about 700,000 tons of wood, of which 200,000 tons are used for furniture production. Algeria buys timber from 38 countries including Tunisia, Turkey, North Korea, China, Singapore, Indonesia, Lebanon, Finland, Brazil, Ivory Coast, DR Congo, Nigeria and Cameroon. Furniture imported from Europe is reduced import tax to 15%, VAT 9% within the framework of the Algeria-EU Free Trade Agreement. For furniture from countries that do not sign FTAs with Algeria, when importing into Algeria, they are subject to 30% import tax (besides 19% VAT, 2% withholding tax and 2% community solidarity tax). For raw wood, the import tax is 5%, for semi-processed wood, the import tax is 15% and plywood is 15%.
In 2020, Vietnam's export turnover of wood products and products from rattan, sedge, and carpets to Algeria reached 2.13 million USD, up 51% compared to 2019.
Interested Vietnamese businesses can contact:
Organizer : CGCOM EVENT . Company
Time: From Monday (September 19) to Thursday (September 22, 2022).
Venue: Pins Maritimes . Exhibition Hall
Phone: +(213) 560.18.86.51 / 05.60.18.76.51
Email: info@algeriawood.com; web: https://www.algeriawood.com/en/
Contact: Ms. INSAF CHOUAL
or Vietnam Trade Office in Algeria at email address: dz@moit.gov.vn
Source: Hoang Duc Nhuan - Vietnam Trade Office in Algeria