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2023
Exports $1.77BWorld Rnk 12 / 221
Flag Rnk 167 / 1217
2023
Destination $57.1M Canada
2022 - 2023
FASTEST GROWING MARKET $57.1MMexico
2023
PRODUCT COMPLEXITY IN Other Furniture0.25Rnk 478 / 1025
2023
Imports $27BWorld Rnk 1 / 226
Flag Rnk 16 / 1215
2023
Origin $42.1M Vietnam
2022 - 2023
FASTEST GROWING ORIGIN $42.1MFrance
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $1.77B in Other Furniture, making it the 12th largest exporter of Other Furniture in the world. At the same year, Other Furniture was the 167th most exported product in United States. The main destination of Other Furniture exports from United States are: Canada ($704M), Mexico ($226M), United Kingdom ($81.8M), Bahamas ($48.8M), and Netherlands ($42.1M).

The fastest growing export markets for Other Furniture of United States between 2022 and 2023 were Mexico ($57.1M), Vietnam ($18.2M), and Saudi Arabia ($11.7M).

Imports In 2023, United States imported $27B in Other Furniture, becoming the 1st largest importer of Other Furniture in the world. At the same year, Other Furniture was the 16th most imported product in United States. United States imports Other Furniture primarily from: Vietnam ($6.82B), China ($6.4B), Canada ($3.06B), Mexico ($2.44B), and Italy ($1.23B).

The fastest growing import markets in Other Furniture for United States between 2022 and 2023 were France ($42.1M), Canada ($36.8M), and Spain ($14.8M).

COMPANIES In 2023, leading companies such as IKEA Group (15.2k), Euromarket Designs (3.54k), and CITY Furniture (3.03k) were at the forefront of shipping Other Furniture to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Other Furniture exports accounted up to $200M and imports accounted up to $2.23B, resulting in a negative trade balance of $2.03B. Between November 2023 and November 2024 the exports of United States'   Other Furniture have decreased by $-34.2M (-14.6%) from $235M to $200M, while imports increased by $139M (6.67%) from $2.09B to $2.23B.

Destinations In November 2024, Other Furniture were exported mostly to Canada ($91.5M), Mexico ($27M), United Kingdom ($8.79M), Japan ($5.43M), and Bahamas ($4.12M), and were imported mostly from Vietnam ($666M), China ($422M), Canada ($233M), Mexico ($175M), and Malaysia ($118M).

Growth In November 2024, the decrease in Other Furniture's year-by-year exports was explained primarily by a decrease in exports to South Africa ($-2.8M or -94.6%), Italy ($-1.05M or -67.7%), and France ($-1.05M or -48.3%). In November 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 (November 2023 - November 2024)$-34.2M(-14.6%)
IMPORT GROWTH (November 2023 - November 2024)$139M(6.67%)
MAIN EXPORTER (November 2024)California$24.4M
MAIN DESTINATION (November 2024)Canada$91.5M

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 (2023)$1.77B
IMPORTS (2023)$27B
NET TRADE (2023)-$25.3B

In 2023, United States exported $1.77B in Other Furniture. The main destinations of United States exports on Other Furniture were Canada ($704M), Mexico ($226M), United Kingdom ($81.8M), Bahamas ($48.8M), and Netherlands ($42.1M).

In 2023, United States imported $27B in Other Furniture, mainly from Vietnam ($6.82B), China ($6.4B), Canada ($3.06B), Mexico ($2.44B), and Italy ($1.23B).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Furniture EXPORT MARKETS FOR United States WERE (2022 - 2023):
Mexico$57.1M (33.8%)
Vietnam$18.2M (862%)
Saudi Arabia$11.7M (54.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Furniture BY United States WERE (2022 - 2023):
Canada-$90.2M (-11.4%)
Netherlands-$58.9M (-58.3%)
United Kingdom-$52.3M (-39%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Other Furniture were:
China $27.1B
Vietnam $8.56B
Germany $7.79B
In 2023, United States's main importing competitors in Other Furniture were:
Germany $7.25B
France $5.35B

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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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