Furniture exports "year-end answer" results excellent news

2024-07-17 07:02:44

Affected by the big environment, this year's furniture industry is also facing a severe situation. The problem of blocked exports and poor domestic sales has repeatedly plagued the furniture industry. The "good results" of the year-end summary of the export of furniture industry has surprised the industry. The result of the final statistics was unexpected. The "high-speed news" in the north and the south really surprised the people in the industry. It seems that the "spring" of the furniture industry has been beckoning not far away.

The total export of furniture in the first 11 months was 33.858 billion US dollars

According to customs statistics, from January to November this year, the total value of China's foreign trade import and export was 303.62 billion US dollars, an increase of 23.6% over the same period last year (the same below). Among them, exports were 1,724.01 billion US dollars, up 21.1%; imports were 1,585.61 billion US dollars, up 26.4%. The trade surplus was 138.4 billion US dollars, narrowing 18.2%.

Among the export commodities, in the first 11 months, China’s exports of mechanical and electrical products reached US$983.98 billion, an increase of 16.8%. Among them, the export of electrical and Electronic Products was US$403.56 billion, an increase of 15.1%; the mechanical equipment was US$321.36 billion, an increase of 15%. Traditional commodity exports grew steadily, with apparel exports at $139.78 billion, up 19.5%; textiles at $86.37 billion, up 24%; and footwear at $37.75 billion, up 17.2%. Furniture and its parts exported US$3.988 billion in the month of November; US$33.858 billion from January to November, and US$29.516 billion in the same period of 2010, a cumulative increase of 14.7% over the same period last year.

Manchuria Port Furniture is optimistic about the prospects for export growth to Russia

In the first seven months of this year, the Manzhouli Port of Inner Mongolia Autonomous Region exported 1.194 million US dollars of furniture to Russia, a year-on-year increase of 14%. Experts analyzed that Chinese furniture has a large room for growth in the Russian market.

It is understood that the enterprises that export furniture through the Manzhouli Port are mainly concentrated in Jiangsu and Inner Mongolia. In the first seven months of this year, the export of furniture enterprises in Jiangsu Province was US$959,000, up 19.8% year-on-year, accounting for 49.3% of the total value of furniture exports in the same period. The furniture enterprises in Inner Mongolia Autonomous Region exported US$600,000, an increase of 4.9 times, accounting for the total export of port furniture during the same period. 30.8% of the value.

According to industry analysts, China has raised the export tax rebate rate for some furniture four times since November 1 last year. The export tax rate for furniture such as bedroom, office, kitchen wood furniture and other mahogany furniture has increased from 9% to 13%. After the adjustment in June, the export tax rebate rate for some furniture products increased to 15%. The introduction of a series of encouraged export policies has improved the international competitiveness of China's furniture companies.

Russian furniture production is relatively weak, most of the products are in the middle and low grade, and furniture products mainly rely on imports. At present, the Russian furniture market is worth 2 billion US dollars, of which annual sales of imported furniture is 750 million US dollars. Due to the impact of the international financial crisis, the demand for expensive European furniture in the Russian market is reduced, which is a for Chinese furniture manufacturers. Business.

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