Sharp drop in China's wooden furniture exports and imports

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China Customs data is showing that in the first quarter of 2020 the value of China’s wooden furniture exports fell 84% year on year to US$3.104 billion. The main markets were the USA (US$882 million), Japan (US$254 million), UK (US$211 million), Australia (US$188 million), South Korea (US$150 million) and Canada (US$119 million) all dropping around 80% compared to the first quarter 2019. China imports small amounts of furniture which, in the first quarter 2020, were worth US$203 million, down 80% year on year.

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