China is the world’s largest furniture exporting country; the foreign-trade dependence remained about 25%. In 2012 the export amount of furniture and the parts reached $ 48.824 billion, from 2002 to 2012, the furniture exports grew at a CAGR of 24.7%.
From the regional export distribution of China's furniture industry, the United States is the largest importer, which is accounting for about 40%. According to the new and existing house sales data in the USA, the housing transaction status continued to be warming. As of February 2013, the new houses sales arrived 64 thousand units, with an increase of 20.75%, while the higher sales proportion of existing houses arrived 9.9 million units, with an increase of 9.63%, both are in good level.
The USA real estate become warming with international economic recovery, China's furniture exports also keep warming since last year's negative growth. The latest data shows that as of February 2013, the cumulative export amount of China's furniture is $ 8.813 billion, with an increase of 60.20%.
From January to February 2013, the United States is the largest importer of Chinese furniture, with total imports of $ 2.37 billion, which is accounting for China's total furniture exports of 26.9%; the followed is Malaysia, with exports of $ 430 million, which is accounting for China's total furniture exports of 4.9%; Japan ranked the third with exports of $ 420 million, which is accounting for China's furniture exports of 4.7%; Britain and Germany are in fourth and fifth, with exports of $ 390 million and $ 370 million, which are accounting for China's total furniture exports of 4.4% and 4.2%.
According to the latest data released by customs, in the first quarter of 2013, China's total export of furniture and the parts reached $ 12.306 billion, with an increase of 34.2%. In March, China's furniture and the parts export amounting to $ 3.49 billion, with a year-on-year decrease of 4.8% and a ring growth of 3.0%.
Chinese furniture is gradually transforming from past wooden and steel furniture to the new types of board furniture, easy disassembly furniture, environmental protection paper furniture and etc. Besides, Chinese furniture is upgrading current technology and strives to improve product quality, so that can meet the technical standards and consumption habits from Europe and other major export markets.
