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2021-10 Furniture (HSCODE 9404) Industry BriefingTime:2022-10-13 16:10:56

2021-10 Furniture (HSCODE 9404) Industry Briefing

Time: November 15, 2021 Author: alibaba.com Label: furniture

As of October 2021, the export transaction scale index of China's furniture (HSCODE 9404) category through Alibaba's cross-border e-commerce platform credit guarantee and the export of Yidatong products is 87, down 26% month on month, with an obvious downward trend; The year-on-year growth rate was 37%, which was significant. As of October 2021, buyers of the furniture (HSCODE 9404) category exported through Alibaba's cross-border e-commerce platform have covered 61 countries or regions in the world. The countries or regions with the highest export amount are the United States, Australia, Germany, Taiwan, and the United Kingdom. The countries or regions with the fastest growth are Taiwan, India, Tanzania, Israel, and Chile. (Data source: alibaba. com)

sort

Country or region

growth rate

sort

Country or region

Proportion of export amount

1

Taiwan, China

187.8%

2

India

102.9%

3

Tanzania

98.6%

4

Israel

65.1%

5

Chile

55.4%

6

Italy

46%

7

Sweden

25.2%

8

Australia

23.8%

9

Russian federation

22.6%

10

Netherlands

10.1%

1

U.S.A

31.4%

2

Australia

13.1%

3

Germany

9.6%

4

Taiwan, China

8.3%

5

britain

8%

6

Canada

5.7%

7

Italy

3.1%

8

Japan

2.7%

9

Spain

2.4%

10

France

2%

Countries or regions with the fastest export growth

The country or region with the highest export amount

By October 2021, the search volume of overseas buyers searching furniture (HSCODE 9404) category through Alibaba's cross-border e-commerce platform has reached 100000, a decrease of 7% month on month, with an obvious downward trend; A year-on-year growth of 20% was good. As of October 2021, buyers of furniture (HSCODE 9404) category searched through Alibaba's cross-border e-commerce platform are distributed in 228 countries or regions around the world. The countries or regions with the highest search proportion are the United States, Pakistan, the United Kingdom, Canada and India. The countries or regions with the fastest search growth are Iran, Tanzania, Ghana, Nepal and the Federal Democratic Republic of Nepal.

sort

Country or region

growth rate

sort

Country or region

Proportion of search volume

1

Iran

254%

2

Tanzania

93.3%

3

Ghana

88.3%

4

Nepal

79.3%

5

Federal Democratic Republic of Nepal

79.3%

6

Cambodia

58.6%

7

Ukraine

33.3%

8

Pakistan

26%

9

Morocco

8.4%

10

Netherlands

7.6%

1

U.S.A

16.1%

2

Pakistan

6.8%

3

britain

5.1%

4

Canada

3.5%

5

India

3.1%

6

the Philippines

2.9%

7

Australia

2.7%

8

Hong Kong, China

2%

9

France

1.9%

10

Ukraine

1.8%

Source country or region with the fastest growth in search volume

The country or region with the highest search volume

As of October 2021, there are 2976 merchants who have published relevant products on Alibaba's cross-border e-commerce platform, which is a huge industry market. Merchants in the category of furniture (HSCODE 9404) exported through Alibaba's cross-border e-commerce platform cover 154 cities nationwide, and the distribution of industrial belts is relatively scattered. The major cities are Foshan, Ningbo and Jinhua.

Note (1): Data statistics range: spring mattress, 4-digit customs code 9404.