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October 2, 2020

Chinese wooden furniture trade severely impacted by Covid-19

  Under the negative impact of the Covid-19 pandemic, the value of China’s wooden furniture exports fell 24% to US$7.439 billion in the first half of 2020. The US was the largest market but imports fell in the first half of 2020 by about 10% compared to 2019.  Although China’s wooden furniture exports to most countries fell in the first half of 2020 exports to some countries increased.  For example China’s wooden furniture exports to Malaysia, South Korea, Australia and Netherland rose 64%, 11%, 6% and 4 respectively in ...

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