Views: 4 Author: Site Editor Publish Time: 2022-06-01 Origin: Site
As the world's largest furniture importer, the changes in the source country of furniture imports in the United States can to a certain extent reflect the changes in the strength of countries around the world in terms of furniture import and export. According to data released by the United States, in 2021, the total value of US furniture imports will exceed 29 billion US dollars, an increase of 28% from last year's 22.7 billion US dollars.
Among them, China exported furniture worth US$9.117 billion to the United States, an increase of 24% from US$7.331 billion in 2020; Vietnam's furniture exports to the United States reached US$9.1 billion, an increase of 23% from US$7.405 billion in 2020.
It can be seen that the furniture procurement pattern in the United States has changed again. In 2021, China will surpass Vietnam with a slight gap of less than 20 million US dollars, and once again "retake" the top spot as a major exporter of furniture to the United States.
In addition, according to the latest data from the United Nations COMTRADE international trade database, in 2021, the total value of imported furniture, lighting fixtures and prefabricated buildings in the United States will reach 81.39 billion US dollars, setting the highest import value in the past 10 years.
The data shows that in terms of furniture, lighting fixtures and prefabricated buildings, in 2021, ranked by the total value of exports to the United States, followed by China ($31.45 billion), Vietnam ($14.28 billion), and Mexico ($11.56 billion) , Canada ($4.93 billion), Malaysia ($2.18 billion), Indonesia ($1.99 billion), Italy ($1.92 billion), India ($1.71 billion), Thailand ($1.04 billion).
It can be seen that the total value of furniture, lighting fixtures and prefabricated buildings exported from China, Vietnam and Mexico to the United States exceeds 10 billion US dollars, far ahead of other countries, and together they account for more than 70% of the US market. The side reflects that these three countries have strong competitiveness in the global furniture industry and occupy a huge market share.