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2022
Exports $36.6BWorld Rnk 1 / 223
Flag Rnk 15 / 1216
2022
Destination $372M United States
2021 - 2022
FASTEST GROWING MARKET $372MSingapore
2022
PRODUCT COMPLEXITY IN Other Furniture0.34Rnk 424 / 1025
2022
Imports $853MWorld Rnk 27 / 225
Flag Rnk 249 / 1212
2022
Origin $5.34M Italy
2021 - 2022
FASTEST GROWING ORIGIN $5.34MNetherlands
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $36.6B in Other Furniture, making it the 1st largest exporter of Other Furniture in the world. At the same year, Other Furniture was the 15th most exported product in China. The main destination of Other Furniture exports from China are: United States ($9.53B), United Kingdom ($1.84B), Australia ($1.84B), Japan ($1.74B), and Germany ($1.72B).

The fastest growing export markets for Other Furniture of China between 2021 and 2022 were Singapore ($372M), Germany ($203M), and Hong Kong ($172M).

Imports In 2022, China imported $853M in Other Furniture, becoming the 27th largest importer of Other Furniture in the world. At the same year, Other Furniture was the 249th most imported product in China. China imports Other Furniture primarily from: Italy ($335M), Germany ($151M), Vietnam ($48.2M), Poland ($39.9M), and Chinese Taipei ($27.2M).

The fastest growing import markets in Other Furniture for China between 2021 and 2022 were Netherlands ($5.34M), China ($1.68M), and Mexico ($1.36M).

COMPANIES In 2023, leading companies such as IKEA Group (2.15k), Ameziel (698), and CITY Furniture (589) were at the forefront of shipping Other Furniture from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Other Furniture exports accounted up to $2.88B and imports accounted up to $50.6M, resulting in a positive trade balance of $2.83B. Between October 2023 and October 2024 the exports of China's   Other Furniture have increased by $91.1M (3.26%) from $2.79B to $2.88B, while imports decreased by $-2.59M (-4.88%) from $53.2M to $50.6M.

Destinations In October 2024, Other Furniture were exported mostly to United States ($745M), Australia ($160M), United Kingdom ($153M), Japan ($118M), and Germany ($116M), and were imported mostly from Italy ($16M), Germany ($9.83M), Vietnam ($4.31M), South Korea ($3.04M), and Poland ($2.44M).

Growth In October 2024, the increase in Other Furniture's year-by-year exports was explained primarily by an increase in exports to Singapore ($62.1M or 145%), Malaysia ($56.2M or 41.8%), and Philippines ($22.3M or 35.9%). In October 2024, the decrease in Other Furniture's year-by-year imports was explained primarily by a decrease in imports from Vietnam ($-4.26M or -71.3%), Poland ($-2.12M or -41.1%), and Italy ($-1.39M or -4.18%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$91.1M(3.26%)
IMPORT GROWTH (October 2023 - October 2024)$-2.59M(-4.88%)
MAIN EXPORTER (October 2024)Guangdong Province$1.13B
MAIN DESTINATION (October 2024)United States$745M

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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Historical Data

Trade Balance

Color
EXPORTS (2022)$36.6B
IMPORTS (2022)$853M
NET TRADE (2022)$35.7B

In 2022, China exported $36.6B in Other Furniture. The main destinations of China exports on Other Furniture were United States ($9.53B), United Kingdom ($1.84B), Australia ($1.84B), Japan ($1.74B), and Germany ($1.72B).

In 2022, China imported $853M in Other Furniture, mainly from Italy ($335M), Germany ($151M), Vietnam ($48.2M), Poland ($39.9M), and Chinese Taipei ($27.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Furniture EXPORT MARKETS FOR China WERE (2021 - 2022):
Singapore$372M (103%)
Germany$203M (13.4%)
Hong Kong$172M (19.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Furniture BY China WERE (2021 - 2022):
United Kingdom-$391M (-17.5%)
United States-$283M (-2.88%)
Belgium-$128M (-32.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Other Furniture were:
Vietnam $9.13B
Germany $8.79B
In 2022, China's main importing competitors in Other Furniture were:
United States $31.4B
Germany $8.81B
France $6.68B

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Trade Value of Other Furniture by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $402M
TOP IMPORT POTENTIALVietnam+ $121M

Other Furniture’s highest export potential is Germany. With an export gap of $402M.   Other Furniture’s highest import potential is Vietnam with an import gap of $121M.

See methodology.

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