China has recently become one of the greatest furniture exporting countries in the world. In March 2022, China managed to export furniture and other furniture parts, collectively worth about $5.5688 billion. This was an impressive achievement for China in its manufacturing industry.
They later surpassed this record in the following month of April 2022, when they exported furniture and some of its components for a price worth $6.047 billion. From this record, China has now considered the country where you can import furniture at the most economical prices. The country has become one of the most popular markets for importing furniture and its parts.
China can produce large-scale furniture and other goods cheaply and quickly to meet customer demand. When making their sales, they always ensure the wholesale prices of their product are significantly lower compared to the retail prices. This enables them to create a better business relationship with their loyal business partners worldwide.
Apart from home furnishings, furniture, and parts, China also exports products such as electrical appliances and computers. China has a low manufacturing cost and is always dedicated to manufacturing products with greater design quality.
For instance, the cost of floor space per square foot in China is 1/10 compared to the US. They also have lower hourly wages than the US as they mostly rely on a single purpose and simple machinery as the machines are cheaper. China provides a wide range of sofas in its furniture manufacturing industry, creating multiple customer product choices.