US Furniture imports climb 11.9% in 2015
Source:Furniture Today
Imports from China accounted for 57% of the total furniture imported into the United States last year, reaching $13.68 billion. That represented an 11.9% increase over the country's 2014 shipments of $12.23 billion.
Imports from China accounted for 57% of the total furniture imported into the United States last year, reaching $13.68 billion. That represented an 11.9% increase over the country's 2014 shipments of $12.23 billion.
Vietnam was the leader in terms of import growth, leaping 19.9% from $2.62 billion in 2014 to $3.14 billion last year. Product from Canada reached $1.25 billion and imported furniture from Mexico hit $1.197 billion.
Eighteen percent of furniture stores import product directly, according to Furniture/Today’s 2015 Furniture Store Performance Report. Stores record a median of 22% of total sales from direct imports.
Furniture exports grew by only 1% in 2015 as demand for U.S.-made product fell in Canada, China and Saudi Arabia. Overall 2015 furniture exports reached $2.38 billion.
(Source: Furniture Today Author: Dana French)
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