A year after registering a 4% increase in exports, the United States furniture market has given back that gain - and then some - ending 2023 with a 4% decrease for a total of $2.297 billion vs. $2.399 billion in 2022.
Nearly all of the U.S. trading partners within the Top 10, with the exception of Saudi Arabia and China, were in the deficit column. Canada, which remains America`s No. 1 customer for furniture, was down 4%, while Mexico registered a slightly smaller decline at 2%, and the United Kingdom was off by around 6%.