2022
Exports
$9BWorld Rnk 6 / 225
Flag Rnk 31 / 96
2022
PRODUCT COMPLEXITY IN Furniture, bedding, lamps, & prefab buildings
0.86Rnk 222 / 1025
2022
Imports
$71.6BWorld Rnk 1 / 225
Flag Rnk 9 / 96
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $9B in Furniture, bedding, lamps, & prefab buildings, making it the 6th largest exporter of Furniture, bedding, lamps, & prefab buildings in the world. At the same year, Furniture, bedding, lamps, & prefab buildings was the 31st most exported product in United States. The main destination of Furniture, bedding, lamps, & prefab buildings exports from United States are: Canada ($4.19B), Mexico ($1.51B), United Kingdom ($305M), Netherlands ($178M), and France ($172M).

The fastest growing export markets for Furniture, bedding, lamps, & prefab buildings of United States between 2021 and 2022 were Canada ($619M), United Arab Emirates ($32.4M), and Colombia ($32.3M).

Imports In 2022, United States imported $71.6B in Furniture, bedding, lamps, & prefab buildings, becoming the 1st largest importer of Furniture, bedding, lamps, & prefab buildings in the world. At the same year, Furniture, bedding, lamps, & prefab buildings was the 9th most imported product in United States. United States imports Furniture, bedding, lamps, & prefab buildings primarily from: China ($30.2B), Vietnam ($11B), Canada ($6.21B), Mexico ($5.13B), and Italy ($2.11B).

The fastest growing import markets in Furniture, bedding, lamps, & prefab buildings for United States between 2021 and 2022 were Canada ($947M), Italy ($262M), and Thailand ($244M).

COMPANIES In 2023, leading companies such as IKEA Group (14.2k), The Brick (5.4k), and Euromarket Designs (5.18k) were at the forefront of shipping Furniture, bedding, lamps, & prefab buildings to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$11.3M(1.41%)
IMPORT GROWTH (July 2023 - July 2024)$452M(8.34%)
MAIN EXPORTER (July 2024)Texas$110M
MAIN DESTINATION (July 2024)Canada$394M

This section shows Furniture, bedding, lamps, & prefab buildings's exports and imports data at subnational level for United States. 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 Furniture, bedding, lamps, & prefab buildings over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$9B
IMPORTS (2022)$71.6B
NET TRADE (2022)-$62.6B

In 2022, United States exported $9B in Furniture, bedding, lamps, & prefab buildings. The main destinations of United States exports on Furniture, bedding, lamps, & prefab buildings were Canada ($4.19B), Mexico ($1.51B), United Kingdom ($305M), Netherlands ($178M), and France ($172M).

In 2022, United States imported $71.6B in Furniture, bedding, lamps, & prefab buildings, mainly from China ($30.2B), Vietnam ($11B), Canada ($6.21B), Mexico ($5.13B), and Italy ($2.11B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Furniture, bedding, lamps, & prefab buildings EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$619M (17.3%)
United Arab Emirates$32.4M (40.5%)
Colombia$32.3M (109%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Furniture, bedding, lamps, & prefab buildings BY United States WERE (2021 - 2022):
Russia-$83.4M (-86.7%)
China-$24.5M (-13%)
Germany-$15.8M (-8.73%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Furniture, bedding, lamps, & prefab buildings were:
China $124B
Germany $17.6B
Poland $16.5B
In 2022, United States's main importing competitors in Furniture, bedding, lamps, & prefab buildings were:

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Trade Value of Furniture, bedding, lamps, & prefab buildings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $156M
TOP IMPORT POTENTIALCanada+ $1.74B

Furniture, bedding, lamps, & prefab buildings’s highest export potential is Germany. With an export gap of $156M.   Furniture, bedding, lamps, & prefab buildings’s highest import potential is Canada with an import gap of $1.74B.

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