Other Furniture in China 2020 Exports | Imports : $27.8B | $977M, World Rnk 1 / 218 Rnk 13 / 1215 | World Rnk 20 / 226 Rnk 210 / 1214
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $277M | $9.07M, Saudi Arabia | Germany
Exports In 2020, China exported $27.8B in Other Furniture, making it the 1st largest exporter of Other Furniture in the world. At the same year, Other Furniture was the 13th most exported product in China. The main destination of Other Furniture exports from China are: United States ($7.72B), United Kingdom ($1.42B), Japan ($1.42B), Australia ($1.4B), and Germany ($1.09B).
The fastest growing export markets for Other Furniture of China between 2019 and 2020 were Saudi Arabia ($277M), South Korea ($197M), and Australia ($184M).
Imports In 2020, China imported $977M in Other Furniture, becoming the 20th largest importer of Other Furniture in the world. At the same year, Other Furniture was the 210th most imported product in China. China imports Other Furniture primarily from: Italy ($323M), Germany ($154M), Vietnam ($82.7M), Poland ($69.8M), and Lithuania ($43.1M).
The fastest growing import markets in Other Furniture for China between 2019 and 2020 were Germany ($9.07M), France ($2.25M), and Finland ($1.43M).
May 2022
Overview In May 2022 China's Other Furniture exports accounted up to $3.37B and imports accounted up to $84.5M, resulting in a positive trade balance of $3.28B. Between May 2021 and May 2022 the exports of China's Other Furniture have increased by $152M (4.74%) from $3.21B to $3.37B, while imports decreased by $-7.66M (-8.31%) from $92.2M to $84.5M.
Destinations In May 2022, Other Furniture were exported mostly to United States ($922M), Japan ($161M), Australia ($156M), Malaysia ($140M), and United Kingdom ($136M), and were imported mostly from Italy ($33.1M), Germany ($14.4M), Vietnam ($5.33M), Poland ($4.71M), and Sweden ($2.83M).
Growth In May 2022, the increase in Other Furniture's year-by-year exports was explained primarily by an increase in exports to United States ($250M or 38.6%), South Korea ($61.2M or 85.8%), and Saudi Arabia ($58.4M or 79.1%). In May 2022, the decrease in Other Furniture's year-by-year imports was explained primarily by a decrease in imports from United States ($-2.9M or -80.8%), Germany ($-2.59M or -18.8%), and China ($-425k or -33.6%).
EXPORT GROWTH (May 2021 - May 2022): $152M, (4.74%)
IMPORT GROWTH (May 2021 - May 2022): $-7.66M, (-8.31%)
MAIN EXPORTER (May 2022): Guangdong Province, $879M
MAIN DESTINATION (May 2022): United States, $922M
This section shows Other Furniture's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Other Furniture over time.
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EXPORTS (2020): $27.8B
IMPORTS (2020): $977M
NET TRADE (2020): $26.8B
In 2020, China exported $27.8B in Other Furniture. The main destinations of China exports on Other Furniture were United States ($7.72B), United Kingdom ($1.42B), Japan ($1.42B), Australia ($1.4B), and Germany ($1.09B).
In 2020, China imported $977M in Other Furniture, mainly from Italy ($323M), Germany ($154M), Vietnam ($82.7M), Poland ($69.8M), and Lithuania ($43.1M).
IN 2020, China HAD A POSITIVE NET TRADE IN Other Furniture WITH:
IN 2020, China HAD A NEGATIVE NET TRADE IN Other Furniture WITH:
THE FASTEST GROWING Other Furniture EXPORT MARKETS FOR China WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Furniture BY China WERE (2019 - 2020):
In 2019, China's main exporting competitors in Other Furniture were:
In 2019, China's main importing competitors in Other Furniture were:
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