
The United States spent nearly US$18 billion importing wooden
furniture between January and November last year, with
Vietnamese products accounting for almost half of that total.
The figure was released by the Agency of Foreign Trade under the
Ministry of Industry and Trade, citing data from the U.S.
International Trade Commission.
Although the United States’ woodwork imports declined over eight
percent year on year, the structure of suppliers shifted
markedly.
While shipments from most major exporters fell, the purchase
from Vietnam moved in the opposite direction.
The United States imported wooden furniture worth more than $8.1
billion from Vietnam during the 11-month period last year,
giving the Southeast Asian nation a market share exceeding 45
percent. In contrast, U.S. imports from China continued to
decline sharply. Its imports from China totaled $1.7 billion,
down 41 percent from a year earlier, with China’s market share
shrinking to just 9.8 percent.
Despite Vietnam’s expanding footprint, overall demand in the
U.S. market was contracting, said the agency.
The agency urged Vietnamese exporters to prioritize product
quality and design improvements to increase order value rather
than compete solely on volume.
Though the U.S. cut overall imports of wooden-frame seats,
Vietnam managed to raise its share of that segment from nearly
43 percent to 52 percent, supplying more than half of U.S.
demand.
Looking ahead to 2026
Vietnam’s forestry exports totaled $18.5 billion in 2025, of
which wood and wood products contributed $17.2 billion, up
around six percent from 2024.
The U.S. became Vietnam’s biggest wood and woodwork buyer.
In January this year, exports of wood and wood products reached
$1.6 billion, marking a year-on-year increase of nearly 13
percent.
Looking ahead to 2026, the agency forecast continued growth in
wood and woodwork exports, supported by Vietnam’s proactive
adaptation to the European Union’s EU Deforestation Regulation
and compliance with sustainability certification requirements
such as Forest Stewardship Council and Program for the
Endorsement of Forest Certification.
These steps are expected to help Vietnamese wood products
penetrate deeper into premium segments in Europe and the United
States.
The nation is also projected to see a stronger shift from
original equipment manufacturing to original design
manufacturing, boosting profit margins and easing pressure from
input material costs.
Vietnam is poised to remain a key destination for large-scale
orders, bolstered by political stability and concentrated
manufacturing capacity.
Source:
news.tuoitre.vn