Furniture Today's 2013 Imports/Exports Report
Imports rise 9% to $17 billion
Dana French -- Furniture Today, April 20, 2013
HIGH POINT - Furniture imports to the U.S. rebounded in 2012 thanks to improvements in the economy, largely driven by stock market gains and improvements in housing, according to Furniture Today's 2013 Imports/Exports Report.
Our research indicated that overall furniture imports rose 9% to $17 billion from $15.6 billion in 2011.
The gains were largely driven by increases in shipments from China and Vietnam, which grew by 8% and 24%, respectively. China's shipments rose to $9.7 billion from $9.1 billion, while Vietnam's shipments climbed to $1.9 billion from $1.5 billion.
Furniture Today's exclusive import data includes the largest source countries of U.S. furniture imports, as well as the top furniture products shipped to the United States. Export data includes the largest buyers of U.S. furniture exports and furniture exports by product category.
Data is based on the dollar values declared by importers and exporters to the U.S. Customs Service. The figures are coded according to the Harmonized Tariff Schedule and made available to Furniture Today by the U.S. Census Bureau, U.S. International Trade Commission and the U.S. Customs Service.
For the complete report, see the 20 april 2013 print issue of Furniture Today, or click here for the exclusive online edition.