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2022
Exports $2.5BWorld Rnk 8 / 223
Flag Rnk 125 / 1217
2022
Destination $211M Canada
2021 - 2022
FASTEST GROWING MARKET $211MCanada
2022
PRODUCT COMPLEXITY IN Other Furniture0.34Rnk 424 / 1025
2022
Imports $31.4BWorld Rnk 1 / 225
Flag Rnk 13 / 1216
2022
Origin $841M China
2021 - 2022
FASTEST GROWING ORIGIN $841MVietnam
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $2.5B in Other Furniture, making it the 8th largest exporter of Other Furniture in the world. At the same year, Other Furniture was the 125th most exported product in United States. The main destination of Other Furniture exports from United States are: Canada ($1.38B), Mexico ($256M), United Kingdom ($93.4M), Netherlands ($56.9M), and Bahamas ($47.4M).

The fastest growing export markets for Other Furniture of United States between 2021 and 2022 were Canada ($211M), Mexico ($36.1M), and Netherlands ($16.9M).

Imports In 2022, United States imported $31.4B in Other Furniture, becoming the 1st largest importer of Other Furniture in the world. At the same year, Other Furniture was the 13th most imported product in United States. United States imports Other Furniture primarily from: China ($9.53B), Vietnam ($7.13B), Canada ($3.12B), Mexico ($1.87B), and Malaysia ($1.65B).

The fastest growing import markets in Other Furniture for United States between 2021 and 2022 were Vietnam ($841M), Canada ($512M), and Italy ($190M).

COMPANIES In 2023, leading companies such as IKEA Group (6.92k), Euromarket Designs (3.54k), and CITY Furniture (3.03k) were at the forefront of shipping Other Furniture to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Other Furniture exports accounted up to $261M and imports accounted up to $2.2B, resulting in a negative trade balance of $1.94B. Between August 2023 and August 2024 the exports of United States'   Other Furniture have increased by $18M (7.4%) from $243M to $261M, while imports increased by $91.6M (4.33%) from $2.11B to $2.2B.

Destinations In August 2024, Other Furniture were exported mostly to Canada ($159M), Mexico ($24.8M), Netherlands ($7M), United Kingdom ($4.47M), and Vietnam ($3.63M), and were imported mostly from Vietnam ($617M), China ($464M), Canada ($235M), Mexico ($198M), and Italy ($108M).

Growth In August 2024, the increase in Other Furniture's year-by-year exports was explained primarily by an increase in exports to Canada ($4.04M or 3.1%), Mexico ($3.09M or 16.9%), and Netherlands ($1.57M or 82.7%). In August 2024, the increase in Other Furniture's year-by-year imports was explained primarily by an increase in imports from Mexico ($43.7M or 22.6%), Vietnam ($19.6M or 3.36%), and Canada ($15.8M or 7.11%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$18M(7.4%)
IMPORT GROWTH (August 2023 - August 2024)$91.6M(4.33%)
MAIN EXPORTER (August 2024)California$24.1M
MAIN DESTINATION (August 2024)Canada$159M

This section shows Other Furniture'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 Other Furniture over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.5B
IMPORTS (2022)$31.4B
NET TRADE (2022)-$28.9B

In 2022, United States exported $2.5B in Other Furniture. The main destinations of United States exports on Other Furniture were Canada ($1.38B), Mexico ($256M), United Kingdom ($93.4M), Netherlands ($56.9M), and Bahamas ($47.4M).

In 2022, United States imported $31.4B in Other Furniture, mainly from China ($9.53B), Vietnam ($7.13B), Canada ($3.12B), Mexico ($1.87B), and Malaysia ($1.65B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Furniture EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$211M (18.1%)
Mexico$36.1M (16.4%)
Netherlands$16.9M (42.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Furniture BY United States WERE (2021 - 2022):
United Kingdom-$9.62M (-9.34%)
Japan-$4.29M (-11.4%)
Ukraine-$1.96M (-83%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Other Furniture were:
China $36.6B
Vietnam $9.13B
Germany $8.79B
In 2022, United States's main importing competitors in Other Furniture were:
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 POTENTIALUnited Kingdom+ $55.8M
TOP IMPORT POTENTIALCanada+ $909M

Other Furniture’s highest export potential is United Kingdom. With an export gap of $55.8M.   Other Furniture’s highest import potential is Canada with an import gap of $909M.

See methodology.

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