According to China Customs statistics, China's wooden furniture exports in the first half of 2023 were US$1.15 billion, a 12% decrease from the same period in 2022. However, China's wooden furniture exports to Thailand increased by 18% to US$210 million in the same period last year alone. In 2022, wooden furniture exports to Thailand are mainly made of sawn rubber wood imported from Thailand.
Chinese wooden furniture is exported to more than 200 countries. The top 10 destination countries accounted for nearly 70%.
The United States remains the largest market for Chinese wood products. Furniture exports account for about 30% of the country's total, and wooden furniture is exported to the United States. China's wooden furniture exports to the United States fell by 14% in 2017 to US$3.322 billion in the first half of 2023, directly affecting overall export performance.
In the first half of 2023, my country's wood production declined and furniture exports were also affected by the decrease in furniture exports. The financial health of furniture manufacturing companies. It is reported that in the first half of 2023, the operating income of furniture manufacturing enterprises (annual main business income of more than 20 million yuan was 289.82 billion yuan, a decrease of 10% from the previous year), and the total profit in the same period of 2022 was 1.32 billion yuan, a decrease of 2%.