HIGH POINT — The U.S. export market was back in the black in 2021, reversing its 9% decline in 2020 with a 15% gain to reach more than $2.303 billion. That figure is also up about 4.6% over pre-pandemic 2019’s $2.202 billion, signaling a continued return to normalcy.
According to Furniture Today research, Canada remained the largest trading partner for U.S. exports, receiving more than $1.56 billion in goods, or about 68% of all U.S. exports. Mexico with imports of $124.2 million, the United Kingdom ($45 million) and South Korea ($36.7 million) held on to their spots to round out the Top 5 with increases of 14%, 13% and 3%, respectively.
See related story: China edges out Vietnam to return as top exporter to U.S.
Australia also increased its importation of U.S.-made products by 5% to reach $27.8 million.
Business between the United States and the Bahamas was back to pre-pandemic levels, coming in at about $35.7 million, after an off year in 2020, while exports by the U.S. to Saudi Arabia dipped to $22.3 million, a decrease of 21% from the previous year.
Other countries showing negative changes from 2020 were Japan and China, although the declines of 3% and 6%, respectively, were smaller than in 2020. Germany, which had increased its imports from the United States in 2020, registered a 9% decrease in 2021 to $23.6 million despite moving to ninth from 10th among the Top 10.
The second tier of U.S. trading partners, all receiving more than $10 million in shipments during 2021, were United Arab Emirates ($18.2 million); France ($17.7 million); Cayman Islands ($14.8 million); Netherlands ($13.8 million); Dominican Republic ($12.4 million); Brazil ($10.9 million) and Taiwan ($10.6 million).
In total, the U.S. exported furniture to 184 countries in 2021.
Within the product categories exported by the United States in 2021, miscellaneous wood furniture held on to the No. 1 spot, accounting for $414.2 million, up 17% over 2020. This was followed by wood frame upholstered seats, which represented shipments of $273.3 million in 2021 and saw the largest gain of 33% among the leading categories.
Other export categories with double-digit increases were mattresses, up 19% to $193.1 million; wood frame upholstered chairs, up 23% to $173.7 million; wood bedroom furniture, up 11% to $148.1 million; plastic furniture, up 11% to $113.5 million; bedding foundations, up 12% to $110.9 million and seats other than metal or wood frame, up 12% to $109 million.
I’m Joanne Friedrick, research editor for the Home Furnishings Division. I began my career as a newspaper editor and then became a trade journalist, covering myriad industries including pension funds, supermarkets, gourmet food and security systems, just to name a few. Most recently, I entered the home furnishings category as a contributor for HFN and Home Textiles Today before transitioning into research where I now get to tell the stories behind the numbers for all of the HFD titles.
var postSlot0, postSlot1, postSlot2, postSlot3, postSlot4, postSlot5, postSlot6, postSlot7;
googletag.cmd.push(function() {
var postSlot0 = googletag.defineSlot(“/13051489/furnituretoday”, [1, 1], “div-gpt-ad-9997770808178-0”).addService(googletag.pubads()).setTargeting(“SCmodule”,244031);
googletag.pubads().enableSingleRequest();
googletag.enableServices();
});
SponsoredE-commerce
var postSlot0, postSlot1, postSlot2, postSlot3, postSlot4, postSlot5, postSlot6, postSlot7;
googletag.cmd.push(function() {
var postSlot1 = googletag.defineSlot(“/13051489/furnituretoday”, [1, 1], “div-gpt-ad-9997770808178-1”).addService(googletag.pubads()).setTargeting(“SCmodule”,239080);
googletag.pubads().enableSingleRequest();
googletag.enableServices();
});
SponsoredManufacturers
Designers
International
Furniture Manufacturing
Las Vegas Market
Sign up to get exclusive industry information delivered directly to your inbox.
© 2022 BridgeTower Media. All rights reserved.
Use of this website is subject to its Terms of Use | Privacy Policy | Your California Privacy Rights/Privacy Policy | Do Not Sell My Info/Cookie Policy
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.