Guangdong's exports of furniture to the United States fell sharply in July, the biggest decline in two years

The reporter learned from the Guangdong Customs Department on the 18th that despite the steady growth of furniture exports in Guangdong Province from January to July this year, the growth rate was significantly lower than the same period last year. In the month of July, Guangdong exported 380 million US dollars of furniture to the United States, down 15.4% year-on-year. This is the largest year-on-year decline in furniture exports to the United States since September 2009. Shantou Customs analysts said that Guangdong's export furniture is constrained by unfavorable factors such as trade barriers and the deterioration of the international economic environment. Since July 1 this year, the United States "Standards on Composite Wood Products Formaldehyde" has once again reduced the amount of formaldehyde released from wood products sold and sold throughout the United States. The amount of formaldehyde released from wood chips of raw materials has dropped from 0.3ppm to 0.09ppm. The formaldehyde release from hardwood plywood has been reduced from 0.2ppm to 0.05ppm, which is currently the most demanding standard in the world, which is three to four times higher than the original requirement. The United States is the largest market for furniture exports in Guangdong Province. The implementation of this new bill will pose a major obstacle to the export of Guangdong furniture to the United States. In addition, the debt crisis in the United States and the European Union has not yet been fully resolved. The external demand growth of Guangdong furniture is still full of uncertainty, and the export prospects are not optimistic. Faced with the unfavorable factors facing the recent export of furniture, Shantou Customs analysts said that Guangdong furniture enterprises should further improve the internal quality control system and organize production in strict accordance with the technical standards of the new US bill. At the same time, by actively exploring diversified international markets to diversify export risks, and at the same time increase investment in product design and development, we will target targeted products for different market consumption habits and improve the technological content and grade of products. China is the world's leading furniture manufacturing country. At present, China's furniture production capacity has accounted for 25% of the world's total, of which Guangdong accounts for 50% of the total capacity of the Chinese furniture industry. Since the beginning of this year, Guangdong's furniture exports have continued the growth momentum of last year. According to customs statistics, from January to July, Guangdong's enterprises exported furniture of 8.44 billion US dollars, an increase of 15%. Among them, the United States, the European Union and ASEAN are the top three export markets, and exports to emerging markets such as Latin America, Saudi Arabia and the United Arab Emirates are growing at a faster rate.

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