Originally published in the April 16, 16 print issue of Furniture Today
Furniture imports saw a double-digit gain in 2015 as consumers continued to be drawn to the value story offered in case goods and upholstery sourced in Asia and other parts of the world.
The value equation represented in style, finish and mixed media – not to mention price – helped boost imports to $23.9 billion, the highest level since 2007 and a 12% gain from $21.4 billion in 2014.
China again topped the list, with $13.7 billion in shipments, up 12% from $12.2 billion in 2014. Vietnam saw even higher growth, although it was coming off a smaller number. Its furniture shipments to the U.S. rose 20%, to $3.1 billion from $2.6 billion.
Furniture/Today’s 2016 Imports/Exports report presents calendar year 2015 shipments data. 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.
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