Wood furniture imports hit $1 7.7 billion in 2005.WASHINGTON Washington, town, England Washington, town (1991 pop. 48,856), Sunderland metropolitan district, NE England. Washington was designated one of the new towns in 1964 to alleviate overpopulation in the Tyneside-Wearside area. -- The United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. imported a record $17.7 billion worth of wood and upholstered furniture and components in 2005, an increase of 11.4% over 2004. U.S. exports of wood products remained virtually flat at $1.4 billion, resulting in a record $16.3 billion trade deficit. Other highlights for 2005 include: * China accounted for more than two-fifths of last years total. Chinese Chinese, subfamily of the Sino-Tibetan family of languages (see Sino-Tibetan languages), which is also sometimes grouped with the Tai, or Thai, languages in a Sinitic subfamily of the Sino-Tibetan language stock. manufacturers shipped $8.16 billion worth of furniture and parts, an increase of 20.1% over 2004. * Canadian Canadian (kənā`dēən), river, 906 mi (1,458 km) long, rising in NE New Mexico. and flowing E across N Texas and central Oklahoma into the Arkansas River in E Oklahoma. furniture manufacturers continued to lose ground to the Chinese. U.S. imports of Canadian furniture totaled $2.6 billion, a 1.2% decrease. Only six years ago, Canada Canada (kăn`ədə), independent nation (2001 pop. 30,007,094), 3,851,787 sq mi (9,976,128 sq km), N North America. Canada occupies all of North America N of the United States (and E of Alaska) except for Greenland and the French islands of was the Leading source for U.S. furniture and wood component imports. * Italy Italy (ĭt`əlē), Ital. Italia, officially Italian Republic, republic (2005 est. pop. 58,103,000), 116,303 sq mi (301,225 sq km), S Europe. , with $908 million, held onto the third spot despite seeing annual shipments dip below $1 billion for the first time since 1999. * Malaysia Malaysia (məlā`zhə), independent federation (2005 est. pop. 23,953,000), 128,430 sq mi (332,633 sq km), Southeast Asia. The official capital and by far the largest city is Kuala Lumpur; Putrajaya is the adminstrative capital. , +19.6%, passed Mexico Mexico, city, Mexico Mexico or Mexico City, Span. Ciudad de México (Méjico), city (1990 pop. 8,236,960; 1991 met. area est. 20,899,000), central Mexico, capital and largest city of Mexico. to move from fifth to fourth place. * Vietnam leapfrogged over Thailand, Indonesia and Mexico to fifth place in shipping $818 million worth of wood products, an increase of 87.6% over its 2004 total. Vietnam's gains were most pronounced in wood bedroom furniture, which far more than doubled from $190 million in 2004 to $463 million last year. * The Top 10 sources of U.S. imports represented $16.0 billion or 90.5% of the 2005 total.
TOP 10 U.S. FURNITURE IMPORT SOURCES
(in $ millions)
2005 2004 % Change
1 CHINA 8,158 6,790 +20.1
2 CANADA 2,601 2,632 -1.2
3 ITALY 908 1,086 -16.4
4 MALAYSIA 872 729 +19.6
5 VIETNAM 818 436 +87.6
6 MEXICO 768 737 +4.2
7 INDONESIA 703 632 +11.2
8 THAILAND 474 516 -8.1
9 BRAZIL 467 411 +13.6
10 PHILIPPINES 266 231 +15.2
TOP 10 16,035 14,200 +12.9
ALL OTHERS 1,688 1,716 -1.6
Total Imports 17,723 15,916 +11.4
Total U.S. Furniture Exports 1,410 1,406 +0.3
U.S. FURNITURE TRADE DEFICIT 16,313 14,150 +15.3
Source: U.S. Dept. of Commerce
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